Apartment T1 in Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) of 44 m²

INTRODUCING RENOVATION PROJECT “TRABALHADORES DO MAR”

In a few short years, Setúbal has appeared on everyone’s radar as a lovely user-friendly walkable town with one of the best markets in the area, a beach, great restaurants, art, music and to top it all, a warm and welcoming expat community whose aim is to make all newcomers feel at home while investing in the local businesses to help the city thrive and be active “guests” in our new home country.

If any or all of that seems appealing, then I have the property for you. Rua Trabalhadores do Mar is located close to everything: a 5-minute walk will get you to the Mercado do Livramento, the Sado side restaurants, add to that a couple more minutes and you’re at Praça do Bocage, the beach and the much-appreciated Rockalot Café. Avenida Luisa Todi is practically at your doorstep with all manner of transportation options. You’ll never need a car!

This is a two-step project: the first four apartments to be available shortly (December 2024) are duplexes. The prices vary between 295 000 euros and 315 000 euros depending on Sado view/castle view or not. They are renovated two bedrooms/three-bathroom apartments in a simple 19th century building which retains all its charm.

The apartments come with a fully equipped kitchen including washer and dryer and pre-installation for a split air con/heating system. Double glazed windows will allow for an improved energy certificate which, before renovations, started at an honorable C.

The second part of the project is well advanced and is expected to be completed in January 2025. The apartments are being built from scratch as the building has been gutted while retaining its façades and is considered historical heritage. There are 7 apartments in total (4 are already reserved) ranging from a 1-bedroom to a 3-bedroom duplex. Prices range from 187 500 euros to 406 250 euros. The apartments will have wonderful high ceilings and the building will be equipped with an elevator. The rest will be standard renovation as in double glazed windows, pre-installation of split air con/heating and the energy certificate will also be excellent. The estimated time of completion of these apartments is end of 2024. All apartments require two extra months for obtaining the habitation licenses.

Here is what is still available now:

T1 ground floor 40m2 => 187 500 euros
T2 ground floor 74 => 312 500 euros
T2 Duplex 94m2 => 368 750 euros

For more info and to reserve, please contact me at
Della.meyers@iadportugal.pt
+351 963 298 210
AMI 11220

Please note that the 3D pictures are purely indicative and the work in progress pics are recent.