Building for full renovation or new construction | Setúbal city centre

Opportunity for investors, developers and buyers with a project vision: a building set in the heart of Setúbal, in the Viso area, with its own plot of land and enormous development potential in one of the most central and sought-after locations in the city.

This is a property in a state of partial ruin, requiring deep and complete renovation or, alternatively, demolition and new construction. The roof is partially collapsed, with a degraded internal structure, water infiltration, crumbling plaster and window frames beyond salvage.

Areas and composition

Total gross area: 335.7 m²

Total plot: 284 m²

Footprint area:

168 m²

Rear yard:

116 m²

Current layout: Basement + Ground floor (two independent units of

168 m² each)

Building held in full ownership with independent floors

This size of plot and private yard is rare in Setúbal city centre, which strongly enhances the value of any intervention scenario.

Development potential

This property offers a flexibility that few others allow:

Scenario A — House or two independent units: renovation of the two units (basement and ground floor) for own use, separate sale or rental income.

Scenario B — New construction: possibility of demolition and construction of a multi-storey building, with an estimated capacity of up to 8 units (1 to 2-bedroom) plus parking, subject to verification of Setúbal's Municipal Master Plan (PDM) and city council approval. The surrounding area, made up of modern 5 to 8-storey buildings, confirms the urban consolidation and the building potential of the plot.

Located on one of the most visible streets in the Viso area, this property benefits from an exceptional central location, with access to services, shops and transport.

Contact us for more information.