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14

Development Land in Setúbal, Distrito de Setúbal

€ 1,200,000
2,719 m²

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Description

Exceptional investment opportunity in Setubal - Bairro Salgado, the most sought-after district
Historic centre - Close to beaches and only 30 minutes from Lisbon

Located in Setubal's most sought-after and dynamic district, Bairro Salgado, this property offers exceptional potential for investors. Built in the 1950s, this 1,625 m² building over 3 levels includes 503 m² of balconies and private gardens, in a quiet, sought-after residential setting. The building has been approved by the local authority.

Key features:
Total surface area: 1,625 m², with 503 m² of outdoor space (balconies and gardens)
Approved by the municipality
Development potential : Potential to create 15 modern, spacious flats
Parking: 21 underground parking spaces
Highly sought-after area of Setubal, ideal for residential and commercial projects

Key assets :
Prime location: Located in the heart of Bairro Salgado, an emblematic and sought-after district of Setubal, offering an incomparable quality of life right next to the beaches and just 30 minutes from Lisbon.

High return: This property represents a rare opportunity with strong rental potential and an attractive return, ideal for a top-of-the-range residential project.

Close to amenities: Easy access to transport, shops, schools and infrastructure, in a quiet, secure residential environment.

Setubal beaches nearby: Enjoy an exceptional natural setting and a pleasant living environment.

This rare project in the most sought-after area of Setubal is a unique opportunity to invest in one of the region's most promising sectors.
Don't miss this chance to realise a project with high potential for value enhancement and profitability in a fast-growing sector.
Energy Rating: In progress

500

Details

External size
2,719 m²
Size
1,625 m²
Reference
176

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