Setúbal, Almada, Portugal

A two-bedroom duplex flat situated in the historic centre of Cacilhas, in Almada, one of the most sought-after areas on the South Bank for those wishing to live close to Lisbon whilst enjoying a high quality of life and excellent transport links to the capital. Located on the second floor of a building without a lift, this renovated property stands out for its strategic location and the functional layout of its spaces, set within a building of traditional architecture.
With a gross private area of 132 square metres, this flat features two en-suite bedrooms and three bathrooms, ensuring comfort and privacy. The living area is harmoniously laid out between the living and dining rooms and the kitchen, benefiting from good eastern and southern exposure, providing natural light throughout the day. On the upper floor, the two en-suite bedrooms ensure a clear separation between the social area and the private area.
The property also features a balcony overlooking Cacilhas’ most charming pedestrianised street and a 14-square-metre terrace, an ideal outdoor space for al fresco dining. The flat includes a covered parking space in a nearby building, just two minutes away, which is a real asset in a historic area where parking is limited.
The advertised price is for the combined purchase of the flat and the covered parking space. It is also possible to purchase the flat on its own, for €535,000.
One of the most valuable features of this property is its transferable Local Accommodation Licence (AL), an increasingly rare and highly prized asset on the market. This is an exceptional opportunity for investors, offering high potential for returns in one of the most sought-after areas of the Almada Metropolitan Area.
Located just a two-minute walk from the river terminal, the light rail and the Cacilhas coach station, it offers quick connections to Lisbon, with a journey time of around 7 minutes to Cais do Sodré. It also provides easy access to major roads, being just 20 minutes’ drive from Lisbon International Airport.
Surrounded by traditional shops, supermarkets and renowned restaurants, this duplex flat in Cacilhas represents a unique opportunity for those wishing to live close to Lisbon whilst enjoying the authenticity and tranquillity of the south bank.