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€3,000,000 EUR
Setubal 2900-040
Portugal
Portugal
54,327.2 sqft ::
5,047 m2
63 bedrooms
Residential For Sale, Condominium
Land size: 24,671 sqft ::
2,292 m2
Sale price per sqm: 640.9
Remarks:
An investment opportunity in the heart of Setúbal, with a project approved by the Setúbal City Council and Turismo de Portugal, for the rehabilitation of the space, which promises to revive the historic Fábrica 1º de Março as an exuberant tourist development, with a 4* rating, made up of 63 apart-hotels. The project could be altered into residential units, should this be the core business.Situated just a few minutes from the heart of Setúbal, a privileged location offering spectacular views of the sea, Troia and Arrábida. Its proximity to the Commercial Dock and the Recreational Dock, as well as the Setúbal Marina, offers guests privileged access to a variety of nautical and recreational activities.The approved project will preserve the characteristic architectural elements of the former 1º de Março factory, such as the building's façades and imposing chimney.The project is characterised by differentiation, combining local and international influences in an aspirational environment with excellent design. The building's industrial heritage is carefully incorporated, evoking the essence of New York and East London.The project also provides outstanding amenities, including car parking, a 350m² internal garden, reception and a bar/snack bar, providing guests with a truly memorable experience.MAIN PROJECT INDICATORS:Units: 63 fully equipped holiday flatsAverage unit size: 49m2Communal café / co-working space: 90m2Internal shared garden: 350m2APPROVED BUILDING AREAS:Above ground residential / commercial / technical: 4,361m2Below ground car park / technical: 686m2Total APPROVED: 5.047m2Price: €694 / m2 APPROVED
Features:
- Year Built: 1952
- Garage Spaces: 30
Location:
Setubal 2900-040, Portugal
Listed By CENTURY 21 Rio
The Residential For Sale, Condominium located in Setubal 2900-040, Portugal is currently for sale. This property is listed for €3,000,000 EUR. This property has 63 bedrooms and 5,047 m2. If this property isn't what you're looking for, search Setúbal Real Estate to see other Homes For Sale in Setúbal.