04/02/2025
**Excellent opportunity for Large Scale investors**
Asking Price: 2.700.000€ (2.7 Million euros)
This is an historic building which is a few minutes from the heart of Setúbal with an approved project for the rehabilitation into a 63-unit Apart-Hotel.
The total area is spread of 5.000m2 and has a New York/ East London architectural style.
Given high rental yields in this area has excellent potential to not only provide a stable cash flow and also appreciate in value given its proximity to T***a and right on the coast of Setúbal.
The approved project also comes with an underground parking area of about 700m2.
For more information:
Aditya Goyal
Goyal Real Estate
Tel: 964 584 631