Building for sale in Setúbal

Renovated Building in the Historic Centre of Setúbal with Approved Expansion Project An outstanding investment opportunity in the heart of Setúbal. Located next to the iconic Museum of Work, this building enjoys a prime location in the city's historic centre, just a short walk from the waterfront, traditional shops, restaurants, services, and public transport. Offering 100 sqm of private gross floor area, the property was fully renovated in 2021 and is currently arranged over two floors with an independent entrance. The interior requires some updating, providing the future owner or investor with the opportunity to tailor the space to their own vision and requirements. One of the property's key highlights is the planning approval already granted by the Municipality for the construction of an additional attic floor, significantly increasing the usable area and enhancing its investment potential. The property is currently operating as a Local Accommodation (AL) business, making it an excellent opportunity for investors wishing to continue the tourism activity or develop a residential project in one of the city's most sought-after locations. Key Features: Fully renovated building (2021); 100 sqm of private gross floor area; Two floors with independent entrance; Prime location next to the Museum of Work; Historic centre of Setúbal; Interior with excellent refurbishment potential; Approved project for the construction of an additional attic floor; Currently operating as a licensed Local Accommodation (AL); Strong potential for appreciation and attractive investment returns. A versatile property with outstanding growth potential, ideal for investors or buyers seeking a distinctive asset in one of Setúbal's most desirable locations.