Engel & Völkers
Exterior view of a three-story building with a scooter parked outside. The building is light gray with tan trim around the windows. A woman walks on the sidewalk.

INVESTMENT: Building with Approved Project

€690,000
  • ~454 m² Living area
  • ~227 m² Plot surface

Description

On a hill on the banks of Sado river, is where we find the beautiful city of Alcácer do Sal. An old and historical town that is now being rejuvenated. In the historical centre there are several empty buildings waiting for a new life. This building is an opportunity for those who want to invest quickly in this area, since it has an approved project for 9 flats of different types, from 1 to 3 bedrooms, divided into ground floor, 1st floor and 2nd floor and mezzanine with a total area of about 1065sqm. Total area The residential supply in Alcácer do Sal is very low and demand increases every month, both for purchase and rental. According to Decree-Law No. 118/2013 of 20 August, buildings classified as ‘ruined buildings’ are excluded from the Energy Certification System.
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Engel & Völkers Comporta

Your advisor: Claudia Pereira

Property ID: W-02RZPX

Property details
  • Object type

    Apartment house

  • Condition

    Needs Rehabilitation

  • Living area

    ~454 m²

  • Plot surface

    ~227 m²

Energy efficiency information
  • Energy certificate available

    Yes

    Location: Alcácer do Sal, Setubal

    Alcácer do Sal, Alentejo City on the banks of Sado, with a long and rich history. Its historic center or the castle, high on the hill and the banks of the river Sado are a point not to be missed. It is 45 minutes from Lisbon and with easy access to the motorway and 15 minutes from the beaches of the Alentejo coastline, and the traditional and charming villages of Comporta and Carvalhal.

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