Description
Located in the Historic Center and in the ARU (Urban Rehabilitation Area), benefiting from tax incentives.
With PIP (Request for Prior Information from the City Council) for feasibility of remodeling, expansion, and use of up to 3 floors, for multifamily housing, commerce, services, or tourism development.
An emblematic and iconic building, located in the historic downtown of the charming town of Santiago do Cacém, in Setúbal, which stands out for its architectural charm and the versatility of its areas designated for housing and commerce, with independent entrances.
Situated just 1h20m from Lisbon and only 20 minutes by car from the nearest stunning beaches and the sea.
With Sines 15 mins away, Lagoa de Santo André and Melides 20 mins away, Comporta and the Tróia-Setúbal ferry 30 mins away.
This property offers incredible investment potential due to its privileged location and its ideal orientation for the hotel industry or for conversion into housing.
The building is delivered completely vacant, ready to be customized according to your interests and your vision.
With an implantation area of 463 m² currently distributed over 2 floors, and with the possibility of expanding to a third floor, all with high ceilings, this property has a gross area of 925 m² that can easily be expanded to 1400 m².
It sits on a plot of urban land measuring 622 m², with an outdoor patio area of 140 m².
This building represents a unique opportunity for those looking for properties with potential and character in the Setúbal region, with a superb location that is very central, strategic and easily accessible.
It's a unique product that has everything it takes to be your next successful project, given the high shortage of supply throughout the region, whether for housing or hotels.
Interested in finding out more?
Don't hesitate to contact us, we're ready
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We offer a personalized market appraisal for your home by one of our experts.
Contact us to find out more.
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Choice Investments ® has been growing with our clients' success and making business happen here and now for 8 years.
We are a solid network of market specialists and business advisors for national clients in Lisbon, Porto, the Algarve and also with a large volume of international clients from the USA, UAE, Hong Kong, Australia and Europe. Our DNA is to build strong relationships with our clients.
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Note: All photographs used are for illustrative purposes.
Descriptions, dimensions, references to conditions and permits required for use and occupation may differ in relation to each individual property and are not intended to be relied upon or form part of any contract unless specifically incorporated in writing in the contract.
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