Investment opportunity in Setubal

€249,000

~396 m² Plot surface

Description

Investment Land in Setúbal - São Sebastião Investment Plot in the Centre of Setúbal Plot with ruins suitable for construction, with a pre-approved project for the development of 5 duplex apartments with terraces and parking. Located on Rua Formosa, a traditional residential neighbourhood of Setúbal, close to the Hospital de São Bernardo, the train station, and with easy access to the motorway. It is also near Avenida Luísa Todi and the river. Its privileged location allows easy walking access to all kinds of shops, services, schools and public transport, as well as pleasant strolls through the surrounding green spaces, the historic city centre, and the riverside area. Total plot area: 396 sqm Building footprint: 206 sqm Gross construction area: 206 sqm Dependent gross area: 52 sqm Private gross area: 154 sqm Pre-approved project for the construction of: Four 1-bedroom + study apartments with garden or terrace One 3-bedroom apartment with private garden Parking spaces

Engel & Völkers Lisboa MMC

+351 210 200 490

Your advisor: Marta Bravo

Property ID: W-048HOD

Location: Setúbal, Setubal

São Sebastião is one of the main urban parishes of Setúbal, combining traditional residential neighbourhoods with more modern areas, a wide range of shops, and excellent transport connections. Located close to the city centre, it stands out for its strong residential character, availability of essential services, schools, supermarkets, healthcare facilities, and good road and rail links. The parish also benefits from its proximity to the historic centre, the riverside area, and the main motorway access routes. Just a few minutes away you will find the iconic Serra da Arrábida, famous for its protected natural landscapes and beaches, as well as Avenida Luísa Todi, the city’s main commercial and cultural avenue. Thanks to its strategic location and well-established infrastructure, São Sebastião is a sought-after area both for permanent living and for real estate investment, offering a balance between urban convenience, accessibility, and proximity to nature.