Historic Building With Investment Potential In Setúbal

About the Property

A historic building with investment potential, this three-storey property, constructed in 1924, is situated in the emblematic Bairro Salgado of Setúbal, Portugal. Retaining its original architectural character, the property features a striking façade and historic stone crests, encompassing approximately 278 square meters of indoor space and a terrace of around 40 square meters. The building has been meticulously maintained and was fully renovated in 1991, having served as a private medical clinic for over 30 years. The interior comprises approximately 20 rooms, including a reception area, spacious hallways, and a grand central staircase, which presents potential for an elevator installation. The first floor hosts seven rooms, a balcony, and three bathrooms, while the ground floor also features seven rooms, a reception area, and three bathrooms, complemented by a small inner courtyard of approximately 90 square meters adorned with trees. The basement includes six rooms, two of which benefit from natural light, and houses former laundry facilities, a kitchen, medical offices, and an archive room. Outbuildings: - Terrace of approximately 40 sqm - Inner courtyard of approximately 90 sqm - Balcony Location: - Located in the city center of Setúbal, close to essential services - Just a 3-minute walk from the main transport hub - Easy access to the Troia Peninsula and the stunning beaches of Setúbal Bay Price: €950,000 including fees (paid by the seller). Exclusive listing by De Brito Properties.