Building to be renovered in Setubal

Reference: EO037

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  • Reference
    EO037
  • Location
    Setúbal, Setúbal
  • Category
    Building
  • Price
    1.320.000€
  • Condition
    Used
  • Energy Rating
    C
  • Gross Area
    858m2
  • Total Area
    60m2
Building to be renovered in Setubal
Set of 2 buildings in good condition to renovate, for sale in the center of Setubal, consisting of a first building and the second in the shape of U. Both are bordering, and can therefore be reachable.
Mixed use (residential - commercial) Good profitability

The first building with façade on the crown of Setubal consists of:

- in the DRC: store of 395 m2 and in the back 2 windows with rental contract until the end of 2022 and income of 18,840 euros/year. The store is in excellent condition and with quality tenant. This store can be converted into a home.
- 1st floor: an apartment to renovate from 173.79m2, view and access on the back patio (possibility of access to the patio)
- 2nd floor: an apartment to renovate from 134.09m2), with a view of the patio

The second building (in L) is detailed as follows:

- on the ground floor: 1 duplex apartment (1st floor of 80m2 and 2nd of 71.53m2).
- on the first floor: an 87m2 apartment, overlooking a quiet alley and the interior patio (possibility of access to the patio)
- on the second floor: a 123m2 apartment, overlooking a quiet alley and the interior patio (possibility of access to the patio)

In the middle of this complex of buildings is currently a structure that housed a hairdressing school. This structure, easily removable, has been arranged on an existing patio of 60m2, which can be accessible after work to all apartments on the 1st floor.

Huge renovation opportunities (tourist accommodation, commercial rental...)


Features

Typical old style
To retrofit
Second hand
Close to shops
Public transport
Terrace
Floors: 3
Central location

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