Buy 349.000 €
Simulate your Credit

Buy Building T5 Baixa

Ref.: 429250013
Building, Baixa, Setúbal
Simplefy Credit Estimate: 1.285,38€/month
Gross Private Area (m2):185
Land Area (m2):69
Units:0
Floors:3
Energy Performance Certificate:E
Price m2/Gross Private Area:1.886 €
Simplefy Credit Estimate: 1.285,38€/month

Information Request

ERA Setúbal Centro
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Description

Excellent Investment Opportunity in Setúbal – Three-Storey Building with High Rental Yield Potential or Ideal for Private Residence! We present this magnificent three-storey property located on Avenida Manuel Maria Portela, in Setúbal. With a gross floor area of 184.73 m² set on a 69.30 m² plot, this urban building stands out for its versatility and high return potential. Two Perspectives, One Investment Perfect for immediate rental income through room lettings, or for those looking to convert the space into their dream family home with a modern duplex easily adaptable to the lifestyle of its future owners. The current layout allows for functional modifications, making the property highly adaptable to personal or business needs. Property Layout Ground Floor – 69 m² (Fully Operational Laundry Business) Public laundry fully equipped and operational 2 industrial washing and drying machines Complete logistics system WC, storage area, and ironing space 1st Floor – 5-Bedroom Flat (Residential Use) Kitchen equipped with oven, induction hob, microwave, fridge, and dishwasher Spacious dining room (30.35 m²) Bedrooms: 9.2 m² and 7.3 m² Bathroom: 3.2 m² 2nd Floor – Continuation of 5-Bedroom Flat Bedrooms: 9.9 m², 21.2 m², plus one additional bedroom Bathroom: 5.1 m² The property was fully renovated in 2008. Profitability & Potential Currently rented to university students Potential for conversion into a single-family home or mixed-use (residential + income generation) Excellent option for investors or families Prime Location Central area of Setúbal Close to public transport (train and bus services) Ideal setting for students, professionals, and families Total Sale Price: €380,000 €330,000 – Property deed value €50,000 – Laundry equipment and full furnishings for the upper floors Sale only includes entire package – building + contents Don't Miss This Opportunity! Properties offering this level of flexibility and return are rare in the Setúbal market. Get in touch today for more information or to schedule a viewing. This could be the start of a great investment or the home you’ve always dreamed of!

Other Features

  • State: Refurbished;
  • Gross Area: 185 m2;

Location

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Purchase price
This property
349.000€ / 1.886€ m2
ERA Setúbal CentroReal Paixão - Mediação Imobiliária, Lda | AMI: 9708
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