RARE OPPORTUNITY FOR REHABILITATION IN SETÚBAL'S HISTORIC CENTER An asset where the true value lies not just in the building. It lies in the time already gained. In a market where licensing processes can consume years, where urban uncertainty often represents the greatest risk for a real estate investment, and where it is increasingly difficult to find buildings ready to move forward to construction, a truly distinctive opportunity emerges in the heart of Setúbal. Located on the prestigious Rua Serpa Pinto, just steps from Praça do Bocage, this vacant building presents itself as an investment operation practically ready to enter the execution phase, benefiting from a comprehensive rehabilitation project already developed and approved. More than acquiring a building, you are acquiring a carefully prepared project to transform a historic asset into a real estate product aligned with current market demand. And that difference can represent months or even years of competitive advantage. SETÚBAL: ONE OF THE MOST SOUGHT-AFTER MARKETS IN THE LISBON REGION Few cities have established themselves in recent years like Setúbal. Proximity to Lisbon, growing residential demand, increasing tourist interest, constant appreciation of the historic center, and strong scarcity of new supply have transformed the city into one of the most interesting markets for private investors, real estate developers, and investment funds. It is precisely in this context that this opportunity arises. A central location. A consolidated area. A historic setting. And a product designed to respond exactly to the demand profile that currently dominates the market. THE PROJECT The approved project contemplates a balanced combination between residential and commercial components, allowing investment diversification and increased market absorption potential. Commercial Space Ground Floor Shop • Approximate area of 38 m² • Commercial space with bathroom and storage • Excellent potential for local retail, services, studio, office, or light catering concept. Residential Component 1st Floor Left Studio with approximately 36.40 m² • Open-concept living area and kitchen • Bathroom • Storage. 1st Floor Right 1-Bedroom with approximately 68.82 m² • Living room • Kitchen • Bedroom • Bathroom. 2nd Floor Left Studio with approximately 35.58 m² • Entrance hall • Living room • Kitchenette • Bathroom • Storage. 2nd Floor Right 2-Bedroom with approximately 68.00 m² • Two bedrooms • Living room • Kitchen • Bathroom. 3rd Floor Residential unit with approximately 41.02 m² • Exclusive configuration on the top floor • Strong appreciation potential • Distinctive product within the development. A CONFIGURATION DESIGNED FOR THE REAL MARKET The best projects are not those that impress only on paper. They are those developed to respond to the needs of those who buy. In this case, the distribution of unit types prioritizes formats with greater liquidity and demand: ✔ Studios for investors and young professionals ✔ 1-Bedroom for first-time buyers and rental ✔ 2-Bedroom for families and permanent residential market ✔ Commercial shop to generate supplementary income ✔ Risk diversification through multiple independent units ✔ Possibility of phased commercialization of units ✔ Flexibility in investment exit strategy WHAT MAKES THIS OPPORTUNITY SPECIAL? Most investors seek three things: *Location.* *Margin.* *Execution security.* This project delivers all three. While many assets available on the market require years of waiting before construction begins, this operation has already covered practically all the technical and administrative ground necessary for its completion. At a time when legislative changes tend to simplify processes and accelerate real estate investments, finding a building at this stage of maturity represents an extremely relevant competitive advantage. And when that opportunity arises in one of the most sought-after areas of Setúbal, analysis becomes almost mandatory. APPRECIATION POTENTIAL Economic and financial studies developed for this operation point to potential returns exceeding 40%, positioning this project at a very interesting level when compared with most opportunities currently available on the market. Naturally, each investor should conduct their own feasibility analysis, but existing indicators reveal a solid operation, supported by location, demand, product, and scarcity. These are precisely the four factors that historically create the best real estate investments. HOW MANY OPPORTUNITIES COME TO MARKET WITH APPROVED PROJECT, PRIME LOCATION, AND RETURN POTENTIAL EXCEEDING 40%? Very few. And even fewer in Setúbal's historic center. If you are looking for a project ready to move forward, with strong appreciation potential and located in one of the city's most sought-after urban areas, this may be one of the most interesting opportunities currently available on the market. 📞 Contact me to receive the complete dossier, financial analysis, and schedule an investment meeting. Because the best investments are not found when everyone already knows about them. They are identified before that. 🚀