




Building in Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal
Setúbal, SetúbalBuilding in Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) with 378 m²







Investing where demand grows and appreciation is consistent is not luck — it's strategy. In the heart of Baixa de Setúbal, this rare opportunity arises: a mixed-use building that combines active income with a strong margin of appreciation, ideal for investors looking for an intelligent return. With several vacant units, this property allows immediate intervention and the definition of a tailored strategy, whilst maintaining units with already guaranteed income. Property Composition: Ground floor: • Store with approximately 90 m² • Vacant – ready for exploration or rental • Excellent visibility for commerce or services 1. Floor: • 2 1-bedroom apartments (30 m² and 60 m²) • Vacant – high potential for reconfiguration and valorization 2. Floor: • 2-bedroom apartment measuring 90 m² • Leased until October 2027 3. Floor: • 2-bedroom apartment measuring 82 m² • Terrace with 12 m² • Leased until November 2026 Why this investment makes sense: • Building in total ownership • 4 vacant fractions – immediate intervention • 2 units with guaranteed active income • Total flexibility for operation (commercial and residential) • Possibility of resale by units or rental • Building without condominium • North/South sun exposure – excellent luminosity • Open view over the city • Rooftop terrace Strategic location Located on Rua Álvaro Castelões, in the heart of downtown Setúbal, this property benefits from an area that is constantly growing, with traditional commerce, restaurants, services, transport and proximity to the main historic areas of the city. A location with growing demand, ideal for both housing and investment. If you are looking for an asset with a balance between current income and future appreciation, this building offers exactly that: security in the present and full potential for appreciation in the future. Important Note: The photographs shown correspond only to the 1st floor and the store, as the other apartments are currently occupied. It is important to note that these occupied units have already benefited from renovations and are in a better state of conservation than shown in the available images. 3D images are also presented for illustrative purposes only, developed with the aim of demonstrating a possible renovation solution for the 1st floor, and do not constitute a contractual or binding representation of the final result. For more information or to schedule a visit, get in touch.
