Setúbal, Setúbal, Portugal

Historic Building with High Potential on the Prestigious Luísa Todi Avenue, Setúbal

We present a rare investment opportunity in the heart of Setúbal — a historic building located on the iconic Luísa Todi Avenue, one of the most sought-after and valuable locations in the city. This unique property, dating back to the early 20th century, combines the timeless charm of classic architecture with exceptional potential for appreciation, making it ideal for local accommodation, boutique hostel, or conversion into luxury apartments.

The building spans three floors and consists of:

Three commercial stores on the ground floor, offering prime visibility on one of the busiest streets in the city;

Two spacious 4-bedroom apartments, fully renovated with 4-meter high ceilings, generous rooms, two bathrooms per unit, and high-quality finishes. One apartment boasts stunning views of the Sado River, while the other enjoys direct sun exposure and a vibrant urban outlook on Luísa Todi Avenue;

Attic with usable ceiling height, providing the opportunity to create an additional residential or tourist accommodation unit, increasing the property's profitability.

The location is truly strategic: just two minutes on foot from the catamaran terminal to Tróia and five minutes from the ferries to Carvalhal, with quick access to the region’s most exclusive beaches. The proximity to the Arrábida Mountain and its breathtaking coastline adds unparalleled value to the property, both from a tourist and residential perspective.

Luísa Todi Avenue stands out for its centrality and accessibility, with excellent public transport connections and direct routes to the city center and major roadways. The proximity to the ferry terminal and train station further enhances its appeal, making this building a smart choice for discerning investors.

A property with soul, history, and future — perfect for those seeking a secure and exclusive investment in the heart of Setúbal.