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Setúbal, Setúbal, Portugal

£1,491,240
€1,700,000
Knight Frank, Portugal
BEDROOMS

10

SIZE

4,113 sq ft

382 sq m

Description

Fully renovated boutique hotel in the heart of Setúbal


This excellent 10-bedroom property was fully renovated and is currently operating as a hotel unit. It is situated in a privileged location, just 3 km from the beaches of Serra da Arrábida and 2 km from the ferry to Tróia, ideal for those looking to invest in the tourism sector in one of the most sought-after areas of the region.

Located in a central area with excellent accessibility, close to shops, services, public transport, railway station, hospital, green areas and the iconic riverside area. Close to Parque Urbano de Albarquel, Mercado do Livramento, with easy access to Serra da Arrábida and Lisbon Airport (48 km).

Fully renovated in 2020, this guest house is ready to operate. It benefits from nine furnished suites and a pleasant outdoor patio. This guest house offers a solid and distinctive product, ideal for local tourism or a boutique hotel concept, with immediate profitability.

The property is arranged over three floors. The ground floor comprises three entrance halls, two suites, a living room, an open dining area, and a fully equipped kitchen. Two guest WCs, a staff WC, two storage areas, and a pleasant outdoor patio measuring 56.33 sq m, with a storage room, complete this level.

On the first floor, there are five suites, two with private balconies and one with a terrace, as well as an office.

The second floor (attic) features two principal suites, two reading rooms and a storage area.

The property also benefits from air conditioning in all suites and easy on-street parking.

With a gross area of 382.15 sq m, this guest house is 100% prepared to continue tourist operation, representing an excellent investment opportunity, or to be adapted for private residential use. It is a solid proposition in one of the region’s most sought-after destinations with strong appreciation potential.

EPC: C


Setúbal is a Portuguese city, capital of the Setúbal district (since 1926) and seat of the diocese (since 1975), with 91,000 inhabitants in its urban perimeter.

It is the seat of a municipality with an area of 230.33 km² and 116,330 inhabitants (2017), subdivided into five parishes. The city is bordered to the west by Sesimbra, to the north-west by Barreiro, to the north and east by Palmela, and to the south by the Sado estuary, which separates it from the municipalities of Alcácer do Sal and Grândola. The Troia peninsula, which belongs to Grândola, lies opposite the town, between the Sado estuary and the Atlantic coast.

Lourenço, Azeitão, Igreja de São Simão, Azeitão), archaeological heritage (Roman Salga factory in Cetóbriga - Setúbal, Roman ruins of Troia in Grândola, Creiro archaeological site in Arrábida, Pedrão archaeological site in Serra de São Luís, Viso Roman road), among other types of heritage (Palácio da Comenda, Casa das Quatro Cabeças, Casa de Bocage).

You can also enjoy its beaches, gastronomy, parks and gardens. It also offers a vast transport network, in particular by road (A2, A6, A12, A13, IC1, N5, N10), by port (Port of Setubal), by railway (Sado Line and Alentejo Line), and by airport (Lisbon Airport).

Please note that all distances and measurements are approximate and, for security reasons, do not represent the property's exact location. For more information on the precise location of the property and its surrounding area, please contact the listed Property Adviser.

Property Reference: RSI

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More Details

Setúbal, Setúbal, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Lisbon(International)
    21.1 miles

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About Knight Frank, Portugal

55 Baker Street W1U 8ANK London

Knight Frank is the leading independent, global real estate consultancy providing an integrated prime commercial and residential offering, operating in key hubs across the globe.

Headquartered in London with over 370 offices, employing more than 12,000 professionals and spanning five continents, Knight Frank provides the highest standards of quality and integrity in global residential and commercial property advisory services. Our reputation for uncompromising professionalism in everything we do is earned by serving our clients and earning their trust.

Founded in 1896 and a Limited Liability Partnership (LLP) since 2003, the firm’s 63 Equity Partners promote progressive growth through a strong corporate culture, helping us to recruit and retain the best people.

Advising clients ranging from individual private investors, clients and homeowners to major developers and investors, we put teamwork, innovation and our passion for property at the heart of everything we do, striving to go the extra mile to exceed our clients’ expectations.

Notes

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This is a property advertisement provided and maintained by Knight Frank, Portugal (reference RSI012631478) 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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