Renovated Building In Downtown Setúbal Prime Location: A Luís Todi Avenue

Located on one of the city’s main avenues, close to beaches, the historic center, shops, banks, public transportation (train and bus), restaurants, and recreational areas, this building has been fully renovated (no further work required) and is already adapted for tourism (short-term rentals, boutique hotel, or long-term leases) and retail use.

The building is under condominium ownership and features a modern system with electronic locks and magnetic cards in all units, making it an excellent opportunity for investors, given the strong tourist and residential demand in the region.

As it is under condominium ownership, this property is also an excellent opportunity for those wishing to sell the units individually

The property is currently generating rental income. For more information, please contact us.

Land area: 163 m²
Total gross private area: 601.73 m²
Layout: Ground floor + 3 stories
Building composition: 13 units

Commercial (restaurant): Unit A: 90 m²
Residential (12 units):
Unit B: 71.49 m² (currently an office, prepared for a 2-bedroom apartment)
Unit C: 35.73 m²
Unit D: 35.12 m²
Unit E: 38.06 m²
Unit F: 36.22 m²
Unit G: 35.88 m²
Unit H: 46.82 m²
Unit I: 37.16 m²
Unit J: 35.32 m²
Unit K: 35.61 m²
Unit L: 44.36 m²
Unit M: 59.79 m²

Year of renovation completion: 2021