Setúbal, Almada, Portugal

A two-bedroom duplex apartment located in the historic center of Cacilhas, in Almada—one of the most sought-after areas on the South Bank for those looking to live near Lisbon with a high quality of life and excellent access to the capital. Situated on the second floor of a building without an elevator, this renovated property stands out for its strategic location and the functional layout of its spaces, all within a building featuring traditional architecture.
With 132 square meters of gross private area, this apartment features two en-suite bedrooms and three bathrooms, ensuring comfort and privacy. The living area is harmoniously distributed among the living and dining rooms and the kitchen, benefiting from good eastern and southern sun 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 pedestrian street and a 14-square-meter terrace—an ideal outdoor space for al fresco dining.
There is also the option to purchase a covered parking space in a nearby building, just two minutes away—a significant advantage in a historic area where parking is limited.
One of the most valuable features of this property is its transferable Local Accommodation License (AL), an increasingly rare and highly valued asset in 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 bus terminal, it provides quick connections to Lisbon, with a travel time of about 7 minutes to Cais do Sodré. It also offers easy access to major highways and is just a 20-minute drive from Lisbon International Airport.
Surrounded by traditional shops, supermarkets, and renowned restaurants, this duplex apartment in Cacilhas represents a unique opportunity for those who want to live near Lisbon while enjoying the authenticity and tranquility of the south bank.