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190 000 €
190 000 €
| Sale price | 190 000 € |
| House Area | 123.25 sq.m |
| Number of storeys | 3 |
| Total number of rooms | 3 |
| Number of bedrooms | 3 |
| Number of bathrooms | 3 |
| Construction phase | Resale |
| The property can be rented out |
| Address | Portugal, Setubal |
| Location | at the seaside, within the city |
| Business expenses | |
|---|---|
| Not included in the price |
| Crediting assistance |
Investments in a seaside resort
It is located in the historical center of the city. A popular place for tourists and locals. The building has 3 floors. The area of each floor is 41.25 m2. There is a working shop on the ground floor. Lease until the end of 2024. This is a good support in the form of rent for the duration of the renovation. The building needs major repairs, and the apartments need redevelopment. Residential premises (2nd and 3rd floors ) it can be used for renting apartments to tourists or to live by yourself.
The yield is from 8 %
Setubal is a beautiful ancient city. It was founded as a port during Roman rule, even before our era. And it acquired a new meaning when it was conquered from the Moors in 1217. He was awarded the status of the Order of Santiago. The city has become an important economic center due to industrial fishing and ceramics production. Later, since the XV century, it is a popular resort for Portuguese aristocrats. And now for foreigners.
Just 40 minutes by car from Lisbon. Here you will immerse yourself in real, measured Portuguese life, enjoy the views of the ocean, and most importantly — try the best seafood in the country.
Nearby are the snow—white sandy beaches of the resort of Troy, which are washed by the Atlantic Ocean. And they offer stunning views of the Serra da Arrabida Nature Reserve.
