Building for sale in Setúbal

São Sebastião
1 350 000 €Sale
id. 123991239-40
135 m²

Description

Exclusive Building on Avenida Luísa Todi – A One-of-a-Kind Investment Opportunity in the Heart of Setúbal Some buildings become part of a city. Others become part of its history. Located on the iconic Avenida Luísa Todi, widely regarded as the true heart of Setúbal, this exceptional property presents a rare opportunity to invest in one of the city's most prestigious and sought-after locations. Imagine owning a building where every floor generates value, in a setting where the city, the Sado River, and the breathtaking Arrábida Mountains come together to create a truly unique lifestyle and investment opportunity. On the ground floor, a fully operational restaurant enjoys outstanding visibility on Setúbal's most vibrant avenue, benefiting from constant pedestrian traffic, thriving local commerce, year-round tourism, cultural events, and a steady flow of visitors. The first floor is dedicated to residential use, offering endless possibilities, whether as a private residence, a long-term rental investment, or an exclusive boutique living space. The top floor comprises two elegant apartments currently operating as licensed holiday rentals (Local Accommodation), sold fully furnished and equipped, allowing the new owner to benefit from immediate rental income from day one. The true highlight of this remarkable property is its spectacular panoramic terrace. From here, breathtaking views unfold across the Sado River, the magnificent Arrábida Mountains, and Setúbal's stunning waterfront, transforming every sunrise and sunset into an unforgettable experience. A privilege that is exceptionally rare, highly sought after, and virtually impossible to replicate. Property Highlights ✨ Prime location on Avenida Luísa Todi, Setúbal's most prestigious boulevard. ✨ Fully operational restaurant with excellent visibility and an established clientele. ✨ Residential accommodation on the first floor with multiple investment possibilities. ✨ Two fully furnished and equipped apartments currently operating as licensed holiday rentals. ✨ Balcony and panoramic terrace offering some of the finest views in the city. ✨ Outstanding capital appreciation potential and immediate rental income. ✨ A truly distinctive investment opportunity for both national and international investors. Investing in this building means far more than purchasing real estate. It means acquiring a landmark asset in one of Setúbal's most desirable locations, where demand consistently exceeds supply, combining hospitality, residential living, and tourism within a single exceptional investment. A truly exclusive opportunity for discerning investors who recognise the enduring value of rare properties that seldom become available on the market.

Details

Gross Area m²
135
Total Lot Area m²
- -
Living Area m²
135
Year of Construction
1950
Elevator
No
Parking
No
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Living Room

Contact Agent

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
+351 962 552 222 · National mobile

Mortgage Calculator

Property value1 350 000 €
Down Payment
135 000 €10%
Amortization Period:30 years
Monthly Payment (*)5455,89 €

(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!

The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant