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8 bedroom villa for sale

Setúbal, Grândola, Portugal

€1,150,000
John D Wood International, RoW
PROPERTY TYPE

Villa

BEDROOMS

8

BATHROOMS

2

SIZE

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Key features

  • Condition: Needs recovery

Description

The property has a built area of 855 m², set on a plot of 1,221 m², and includes a pleasant patio with 355 m² of uncovered area, endowed with vegetation and two wells. Built in the late 19th century, the current structure comprises several independent fractions, including the main house, warehouses and offices, arranged in a *U* shape around the central courtyard.

According to preliminary information from the Municipality of Grândola and confirmed by the PDM currently in force, the property is inserted in a residential use zone, allowing townhouses with a maximum of two floors and with a maximum implementation of 75%. This allows for a significant expansion: it is potentially feasible to build up to 900 m² at ground floor level and equal area on the first floor, totaling around 1,800 m² of possible construction.
The option of preserving the existing construction, adding a first floor, may represent an important added value to the project, by maintaining the architectural identity and memory of the place.

The property is located in a ARU zone (urban reabilitation zone) and it benefits from a 6% VAT.

In the last 15 years, Grândola has been the scene of real estate appreciation, driven by the growing demand from national and international buyers. The proximity to the Atlantic beaches, the mountains and new reference tourist projects has consolidated the village as a destination of excellence, with an increasingly premium and selective offer. This dynamism reinforces the potential of this property both for traditional residential rehabilitation and for the development of a tourist project or qualified housing.

A unique opportunity for those looking to invest in an expanding area, with a large margin of appreciation and an authentic urban setting full of history.
- REF: CB01-0761

Brochures

Floor plan

Setúbal, Grândola, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Lisbon(International)
    51.3 miles
  • Faro(International)
    86.8 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About John D Wood International, RoW

Established in Mayfair in 1872, John D Wood & Co. has 150 years experience specialising in selling and letting properties in London, the South of England, country and internationally, as well as staff relocation services and interior consultancy, and are committed to offering a bespoke service, a strategic approach to marketing, and local expertise that has been trusted for generations.

When we promise the world, we mean it.

We cover 30+ countries through a network of strategically handpicked international partner agents who are leading agents in their markets.

Together we offer an international reach, with local expertise, and a commitment to excellence. Whether you're seeking a rural holiday home, a beachfront villa, or a city centre apartment, we can help make your dream a reality.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by John D Wood International, RoW (reference 21284427_15025333) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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