$1,105,751

House In Palmela Overlooking The Castle And Moun

  • 3 Beds
  • 7,568 Sqft
  • 11,841 Sqft lot
  • Updated: Yesterday

About the Property

Excellent investment opportunity: property with guaranteed rent, 10-year contract and Yield of 7%/year.

This property located in the prestigious Quinta da Asseca, in Palmela is strategically located just 4 km from both the historic center of Palmela and the city of Setúbal.

HIGHLIGHTS OF THE PROPERTY IN THE CURRENT STATE:
With more than 350 m² of gross private area, distribut
Excellent investment opportunity: property with guaranteed rent, 10-year contract and Yield of 7%/year.

This property located in the prestigious Quinta da Asseca, in Palmela is strategically located just 4 km from both the historic center of Palmela and the city of Setúbal.

HIGHLIGHTS OF THE PROPERTY IN THE CURRENT STATE:
With more than 350 m² of gross private area, distributed across the basement and ground floor, this property has:
- main room of 40 m²;
- kitchen + dining room with 36.93 m² and staircase with the possibility of installing an elevator to the basement;
- independent laundry;
- a second room (games/social space) or bedroom measuring 30.98 m², which can be converted into a suite;
- 1 bedroom with 11.39 m²;
- 1 master suite measuring 45.7 m², including a private bathroom and walk-in closet;
- 2 complete bathrooms inside + 1 bathroom outside, which serves as support for the 36 m² covered kitchen;
- 1 office;
- Garage with 72.60 m² + complete bathroom with 3.47 m² and storage room of 15.05 m², ideal for a gym or cellar;
Additional Details:
- The attic was used, currently having a complete kitchen, 2 complete bathrooms, 2 bedrooms, 2 small storage rooms and a private terrace with a heated saltwater pool.
- South-facing terrace with panoramic views of Palmela Castle, Serra da Arrábida, Setúbal and Tróia.

The entire property has:
- German double-glazed frames, tilting ’aluplast’
- Pre-installation of air conditioning
- New plumbing
- New electricity

This is a rare opportunity for those looking for a home in the finishing phase, allowing for a touch of personalization.

Proximity and Strategic Location
The property benefits from a privileged central location, allowing quick access to the main urban centers and excellent services.
1. TRANSPORT AND ACCESS
- Road Access: Located next to the N10 and with immediate access to the A2 (South) and A12 (Vasco da Gama Bridge), facilitating access to both the Algarve and the North.
- Train (Fertagus/CP): Palmela Station is just 5-7 minutes away (approx. 3.5 km). Offers direct connection to Lisbon (Sete Rios/Entrecampos/Roma-Areeiro) in around 45-50 minutes.
- Bus: Served by the Carris Metropolitana network, with frequent connections to the center of Palmela, Setúbal and transport interfaces.

2. EDUCATION AND HEALTH
- Elite Education: Just 8 minutes from the prestigious St. Peter’s International School, one of the best international schools in the country.
- Health: Proximity to Hospital da Luz Setúbal and Hospital de São Bernardo (Setúbal), both approximately 10-12 minutes away.

3. TRADE AND SERVICES
- Supermarkets: Within a radius of 5 to 10 minutes, you will find large supermarkets such as Continente, Pingo Doce, Lidl and Aldi (both in Palmela and in the commercial area of Setúbal).
- Shopping Centers: Alegro Setúbal is approximately 10 minutes away, offering a wide variety of shops, cinemas and restaurants.
- Local Services: The historic center of Palme
Energy Rating: C
#ref:KWPT-032963
…
  • Property type

    House

  • Year built

    1994

  • Price/sqft

    $146

  • Emissions

    NI

  • Consumption

    C

Features

  • Garden
  • Terrace
  • Pool
  • Garage
  • Jacuzzi
  • Mountain View
  • Walk In Closet
  • Investment Property
  • Panoramic / Scenic View
Features

Lot

  • Panoramic / Scenic View
  • Mountain View
  • Investment Property

Indoor

  • High Ceiling
  • Office
  • Air Conditioning
  • Jacuzzi
  • Bar
  • Laundry Room
  • Basement
  • Stone Countertops
  • Walk In Closet

Outdoor

  • Terrace
  • Pool
  • Garage
  • Garden

Explore the Area

Rua de Setúbal (Portal Branco), Palmela, Setubal, Portugal View on Google Maps
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KW Alfa

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KW Alfa
Portugal
View agency profile
182
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2026
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KW Alfa
Portugal
View agency profile
Last updated
Yesterday
First listed
November 4
Listing reference
KWPT-032963-0526917075
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