Building for sale in Setúbal

Building in Setúbal with virtual tour

São Sebastião

300 000 €

Buy
id. 120261338-129

100 m²

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E

Description

Renovated Building in the Historic Centre of Setúbal with Approved Expansion Project 

An outstanding investment opportunity in the heart of Setúbal. 

Located next to the iconic Museum of Work, this building enjoys a prime location in the
city's historic centre, just a short walk from the waterfront, traditional shops, restaurants, services, and public transport. 

Offering 100 sqm of private gross floor area, the property was fully renovated in 2021
and is currently arranged over two floors with an independent entrance. The interior requires some updating, providing the future owner or investor with the opportunity to tailor the space to their own vision and requirements. 

One of the property's key highlights is the planning approval already granted by the
Municipality for the construction of an additional attic floor, significantly increasing the usable area and enhancing its investment potential. 

The property is currently operating as a Local Accommodation (AL) business, making
it an excellent opportunity for investors wishing to continue the tourism activity or develop a residential project in one of the city's most sought-after locations. 

Key Features: 

Fully renovated building (2021); 

100 sqm of private gross floor area; 

Two floors with independent entrance; 

Prime location next to the Museum of Work; 

Historic centre of Setúbal; 

Interior with excellent refurbishment potential; 

Approved project for the construction of an additional attic floor; 

Currently operating as a licensed Local Accommodation (AL); 

Strong potential for appreciation and attractive investment returns. 

A versatile property with outstanding growth potential, ideal for investors or buyers
seeking a distinctive asset in one of Setúbal's most desirable locations.  

Details

Private Gross Area m²100
Gross Area m²- -
Total Lot Size m²- -
Living Area m²90
Bedrooms- -
Construction Year1951
Floor- -
WC/Bathrooms- -
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Attributes

Beach
Balcony
Urban
Close to Public Transportation
Used/Rebuilted
Location
Equipped Kitchen
Paved Road
Infrastructure
City Center
Secluded location
Near the Church
Near Water
Near School(s)
Near Gym
Near Hospital
Close to Shops
Near Mar
Near Beach
Near Garden
Settlement
Easy Access Transit
Credit Simulation
Listing Price
300 000 €
Monthly Payment (*)
0

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.