Rehabilitated Building in the Historic Center of Setúbal
6 Apartments | Gross Yield Potential of 6.2%
We present this fully rebuilt building, with completion in 2026, located in the historic centre of Setúbal, in an area in growing appreciation and with strong demand for housing and investment.
The rehabilitation project was developed with special attention to the architectural identity of the building, having been preserved or recreated several elements of its original design, among which the balconies worked in iron and the floors in hydraulic tiles stand out, which give character and authenticity to the set.
Building composition
The building consists of 6 housing units, spread over three floors:
Ground floor
Fraction A - T0 | 31 m²
Fraction B - T1 | 42.5 m²
1st Floor
Fraction C - T0 | 31.8 m²
Fraction D - T1 | 39.6 m²
2nd Floor
Fraction E - T0 | 29.3 m²
Fraction F - T1 | 42 m²
In total, the building includes 3 T0 apartments and 3 T1 apartments, typologies particularly suitable for the urban rental market and for investment.
Location
Located in the historic centre of Setúbal, the property benefits from proximity to some of the city's main points of interest.
Among them are:
- Livramento Market
- Riverfront and seafront restaurants
- Traditional commerce and services
- direct connection to the beaches of Arrábida and Tróia
The ferry terminal to Tróia is about 600 metres away, approximately 8 minutes' walk away, allowing a quick connection to one of the most prestigious bathing areas in the region.
Investment potential
Setúbal has been asserting itself as one of the most dynamic real estate markets in the Lisbon Metropolitan Area, driven by quality of life, proximity to the capital and growing residential and tourist demand.
In this context, the building has an estimated gross yield potential of around 6.2% on a lease basis, constituting an interesting opportunity for investors looking for income and appreciation.
Additional Information
Interior photographs will be available soon.
An independent appraisal carried out by an expert appraiser certified by the CMVM is also available, which can be consulted after visiting the property.
Energy Rating: B-
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