{"id":24969,"date":"2022-08-18T15:22:42","date_gmt":"2022-08-18T15:22:42","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambican-businessman-pays-e42-million-for-luxury-hotel-in-lisbon"},"modified":"2022-08-18T15:22:42","modified_gmt":"2022-08-18T15:22:42","slug":"mozambican-businessman-pays-e42-million-for-luxury-hotel-in-lisbon","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambican-businessman-pays-e42-million-for-luxury-hotel-in-lisbon","title":{"rendered":"Mozambican businessman pays \u20ac42 million for luxury hotel in Lisbon"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The Portuguese hotel market continues to move, attracting ever more foreign interest. Now, the Spanish chain Fontecruz Hotels has sold the Fontecruz Lisboa Hotel, on Avenida da Liberdade, for \u20ac42 million, in a deal closed at the end of June, ECO reports. The new owner is Carlos Camurdine, also owner of the Socimpex Wine & Spirit Merchants. and one of Mozambique\u2019s biggest businessmen.<\/p>\n

The five-star unit, which opened in 2012, sits at Number 138 on one of the Portuguese capital\u2019s most exclusive avenues, and has 72 rooms, an interior garden, a fitness club and a restaurant.<\/p>\n

The new ownership has already brought changes to the company that owns the hotel, the Hotel Project Lisboa SA. In June, Spaniards Diego Ortega Martin (CEO), Julio Ortega Zurdo and Julio Hugo Martin Ortega resigned from their positions on the board of directors, which now includes Carlos Camurdine as chairman and Socimpex partner Yasmin Camrudim as a member of the board, according to information published on Portugal\u2019s Portal da Justi\u00e7a.<\/p>\n

ECO has also established that the hotel will change its name soon, and that the new owners have other developments in mind for the establishment. ECO contacted Fontecruz Hotels to solicit further details, but had received no reply by the time of publication.<\/p>\n

According to the Mozambican press, Carlos Camurdine, aged 63, is one of the most influential businesspeople in that country, and came under the media spotlight when he was kidnapped in 2019. On April 3 of that year, the Socimpex partner was seized by three armed men outside his establishment in the centre of Maputo. He was released about two months later, after a ransom was paid.<\/p>\n

Fontecruz Hotels was founded in Spain in 2004, and has properties in Seville, Granada, Toledo, \u00c1vila and Lisbon. The feasibility of projects in destinations such as Madrid, London, Paris, Budapest and Brussels is currently being \u201cassessed\u201d, the hotel chain\u2019s website [ https:\/\/www.fontecruzhoteles.com\/en\/] announces.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The Portuguese hotel market continues to move, attracting ever more foreign interest. Now, the Spanish chain Fontecruz Hotels has sold the Fontecruz Lisboa Hotel, on Avenida da Liberdade, for \u20ac42 million, in a deal closed at the end of June, ECO reports. The new owner is Carlos Camurdine, also owner of the […]<\/p>\n","protected":false},"author":84,"featured_media":24968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-24969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nMozambican businessman pays \u20ac42 million for luxury hotel in Lisbon - Mozambique<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambican-businessman-pays-e42-million-for-luxury-hotel-in-lisbon\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mozambican businessman pays \u20ac42 million for luxury hotel in Lisbon\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Mozambique. The Portuguese hotel market continues to move, attracting ever more foreign interest. Now, the Spanish chain Fontecruz Hotels has sold the Fontecruz Lisboa Hotel, on Avenida da Liberdade, for \u20ac42 million, in a deal closed at the end of June, ECO reports. 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