Urban Plot With Approved Project For 11 Two Bedroom And 7 Three Bedroom Apartments In The Heart Of S

This plot offers strong urban and real estate development potential, located in a central and well-established area of Setúbal — a rare opportunity for those seeking a project that combines strategy, accessibility, and return on investment. Positioned on Rua General Gomes Freire, the property features a total area of 2,373 sqm, a footprint of 1,243.47 sqm, and a total gross construction area of 2,486.94 sqm, making it ideal for multi-family housing or a high-quality residential development.

The approved project (PIP submitted to the Municipality and currently under review) foresees the construction of a five-storey building comprising 11 two-bedroom and 7 three-bedroom apartments, offering excellent appeal for investors and developers.

The surrounding area is one of the property’s key strengths. Located approximately 1 km from Setúbal’s city centre, the plot benefits from excellent road access (A2 and A12) and proximity to public transport, local commerce, essential services, schools, and the hospital.

A compelling opportunity combining location, scale, and an approved project in a growing and highly demanded market.