Prime Space with Endless Customization Potential
Spanning 60 m², this compact and efficient layout offers a blank canvas for visionaries, investors, or primary buyers:
Flexible Layout
Comprising 4 total rooms, the current layout comfortably accommodates 2 bedrooms, a central living area, a dedicated kitchen space, and 1 bathroom.
Complete Blank Canvas
Sold unfurnished and requiring a full interior overhaul, the property allows you to completely reimagine the interior aesthetic—from modern open-plan living and high-end coastal finishes to energy-efficient updates.
Attractive Price Point
The €200,000 asking price reflects the renovation work needed, leaving ample margin to add significant capital value and build strong equity post-refurbishment.
Unbeatable Coastal Location & Lifestyle
Situated in a highly desirable neighborhood of Setúbal, this apartment places the very best of Portuguese coastal living directly at your doorstep:
- Dining & Local Atmosphere: Moments away from traditional tascas, seafood restaurants, cafes, lively bars, and the famous Mercado do Livramento—one of Portugal’s top-rated fresh fish and produce markets.
- Nature & Recreation: Perfect proximity to the turquoise waters and white sands of Arrábida Natural Park, the calm Sado Estuary (home to a resident dolphin population), and ferry connections to the pristine Troia Peninsula.
- Convenient Transit: Excellent road and rail links to central Lisbon, with Lisbon Humberto Delgado Airport (LIS) located under 45 minutes away.
Exceptional Investment Potential
Whether you are looking to acquire a primary coastal retreat, create a high-yield long-term rental, or execute a profitable buy-to-flip strategy, this property delivers incredible versatility. Taking advantage of Setúbal’s growing international appeal, strong local rental demand, and proximity to Greater Lisbon, this 2-bedroom home represents an outstanding investment project with significant upside.
ABOUT THE AREA
Situated along the northern bank of the Sado River estuary, Setúbal is a charming coastal city in southwestern Portugal, located roughly 45 kilometers south of Lisbon. Steeped in maritime heritage, the city historically flourished as a major center for fishing, fish canning, and salt production. Today, Setúbal blends its industrial roots with an inviting seaside ambiance, featuring a bustling historic harbor, traditional colorful streets, and a lively waterfront promenade.
The city is renowned for its exceptional gastronomy, particularly its fresh seafood and iconic culinary specialty, choco frito (deep-fried cuttlefish). Visitors gather at local tascas and the bustling Mercado do Livramento—widely considered one of the best fresh produce and fish markets in Portugal—to sample local wines from the nearby Península de Setúbal wine region, including the famed Moscatel de Setúbal.
Setúbal serves as the gateway to some of Portugal’s most striking natural landscapes. Immediately to the west lies the Arrábida Natural Park, where lush green hills dramatically drop into crystal-clear turquoise waters and secluded sandy coves. Just across the estuary, accessible by ferry, lies the Sado Estuary Natural Reserve, famous for hosting a resident population of wild bottlenose dolphins and abundant birdlife, as well as the golden beaches of the Troia Peninsula.
For international visitors, the nearest major airport is Lisbon Humberto Delgado Airport (LIS), situated approximately 45 to 50 kilometers (28 to 31 miles) to the northwest. Driving or taking direct public transport (such as buses across the Vasco da Gama Bridge or trains over the 25 de April Bridge) between Lisbon Airport and central Setúbal typically takes around 35 to 50 minutes, making the city very accessible for both quick day trips and extended stays.
MAiN FEATURES:
- 60m2 of living space
- 2 Bedrooms
- 1 Bathroom
- Stunning Views
- Private Parking
- Private Garden
- Close to essential amenities such as supermarkets and pharmacies
- Close to many excellent bars and restaurants
- Great base from which to discover other fantastic areas of Portugal
- Many excellent sports facilities, walking and cycling areas nearby
- Rental Potential through Airbnb and Booking.com
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