Setúbal, Almada, Portugal

Full ownership building with 6 two bedroom apartments – Excellent investment opportunity in Almada
Address: Rua Fernão Lourenço No. 24, Almada
The property is owned outright and consists of six T2 apartments, each approximately 50 m², giving a total private gross floor area of about 330 m².
Key features
Land area: 350 m²
Building footprint: 110 m²
Total private gross floor area: 330 m²
Fully leased, providing immediate income and stable cash flow
Structure: ground floor plus two upper floors, no elevator
Location and surroundings / Nearby points of interest
Located in a central, highly sought after area of Almada, the building benefits from excellent public transport links, main road access, and a full range of services, shops, and urban amenities.
Nearby attractions include:
Christ the King Sanctuary – iconic monument with panoramic views of the Tagus River and Lisbon
Almada Fórum – large shopping centre with over 230 stores, restaurants, and cinemas
Cacilhas ferry terminal – fast connection to Lisbon (Cais do Sodré)
Multiple bus lines serving Rua Fernão Lourenço and surrounding streets, ensuring efficient mobility between Almada and Lisbon
Schools, supermarkets, pharmacies, green areas, and essential services in the vicinity
Valuation potential
The area is experiencing strong residential and commercial development, offering solid prospects for capital appreciation and increased rental yields. This is a robust opportunity for investors seeking immediate returns and medium to long term growth.
For further details, to schedule a visit, or to submit a proposal, please contact us directly.
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