INTRODUCING RENOVATION PROJECT “TRABALHADORES DO MAR” In a few short years, Setúbal has appeared on everyone’s radar as a lovely user-friendly walkable town with one of the best markets in the area, a beach, great restaurants, art, music and to top it all, a warm and welcoming expat community whose

Setúbal, Setúbal, Portugal

For Sale

€312,500

REF: 780531 €312,500


2

2


74 m2

Description

INTRODUCING RENOVATION PROJECT “TRABALHADORES DO MAR” In a few short years, Setúbal has appeared on everyone’s radar as a lovely user-friendly walkable town with one of the best markets in the area, a beach, great restaurants, art, music and to top it all, a warm and welcoming expat community whose aim is to make all newcomers feel at home while investing in the local businesses to help the city thrive and be active “guests” in our new home country.

If any or all of that seems appealing, then I have the property for you. Rua Trabalhadores do Mar is located close to everything: a 5-minute walk will get you to the Mercado do Livramento, the Sado side restaurants, add to that a couple more minutes and you’re at Praça do Bocage, the beach and the much-appreciated Rockalot Café.

Avenida Luisa Todi is practically at your doorstep with all manner of transportation options. You’ll never need a car! This is a two-step project: the first four apartments to be available shortly (December 2024) are duplexes. The prices vary between 295 000 euros and 315 000 euros depending on Sado view/castle view or not.

They are renovated two bedrooms/three-bathroom apartments in a simple 19th century building which retains all its charm. The apartments come with a fully equipped kitchen including washer and dryer and pre-installation for a split air con/heating system. Double glazed windows will allow for an improved energy certificate which, before renovations, started at an honorable C.

The second part of the project is well advanced and is expected to be completed in January 2025. The apartments are being built from scratch as the building has been gutted while retaining its façades and is considered historical heritage. There are 7 apartments in total (4 are already reserved) ranging from a 1-bedroom to a 3-bedroom duplex.

Prices range from 187 500 euros to 406 250 euros. The apartments will have wonderful high ceilings and the building will be equipped with an elevator. The rest will be standard renovation as in double glazed windows, pre-installation of split air con/heating and the energy certificate will also be excellent.

The estimated time of completion of these apartments is end of 2024. All apartments require two extra months for obtaining the habitation licenses. Here is what is still available now: T1 ground floor 40m2 => 187 500 euros T2 ground floor 74 => 312 500 euros T2 Duplex 94m2 => 368 750 euros For more info and to reserve, please contact me at [email protected] +351 963 298 210 AMI 11220 Please note that the 3D pictures are purely indicative and the work in progress pics are recent. #ref: 111050
INTRODUCING RENOVATION PROJECT “TRABALHADORES DO MAR” In a few short years, Setúbal has appeared on everyone’s radar as a lovely user-friendly walkable town with one of the best markets in the area, a beach, great restaurants, art, music and to top it all, a warm and welcoming expat community whose aim is to make all newcomers feel at home while investing in the local businesses to help the city thrive and be active “guests” in our new home country.

If any or all of that seems appealing, then I have the property for you. Rua Trabalhadores do Mar is located close to everything: a 5-minute walk will get you to the Mercado do Livramento, the Sado side restaurants, add to that a couple more minutes and you’re at Praça do Bocage, the beach and the much-appreciated Rockalot Café.

Avenida Luisa Todi is practically at your doorstep with all manner of transportation options. You’ll never need a car! This is a two-step project: the first four apartments to be available shortly (December 2024) are duplexes. The prices vary between 295 000 euros and 315 000 euros depending on Sado view/castle view or not.

They are renovated two bedrooms/three-bathroom apartments in a simple 19th century building which retains all its charm. The apartments come with a fully equipped kitchen including washer and dryer and pre-installation for a split air con/heating system. Double glazed windows will allow for an improved energy certificate which, before renovations, started at an honorable C.

The second part of the project is well advanced and is expected to be completed in January 2025. The apartments are being built from scratch as the building has been gutted while retaining its façades and is considered historical heritage. There are 7 apartments in total (4 are already reserved) ranging from a 1-bedroom to a 3-bedroom duplex.

Prices range from 187 500 euros to 406 250 euros. The apartments will have wonderful high ceilings and the building will be equipped with an elevator. The rest will be standard renovation as in double glazed windows, pre-installation of split air con/heating and the energy certificate will also be excellent.

The estimated time of completion of these apartments is end of 2024. All apartments require two extra months for obtaining the habitation licenses. Here is what is still available now: T1 ground floor 40m2 => 187 500 euros T2 ground floor 74 => 312 500 euros T2 Duplex 94m2 => 368 750 euros For more info and to reserve, please contact me at [email protected] +351 963 298 210 AMI 11220 Please note that the 3D pictures are purely indicative and the work in progress pics are recent. #ref: 111050
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Property on Map

#111050

Currency Exchange

Setúbal, Setúbal, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €312,500 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€312,500 £257,469 £268,578 £11,109
Property Price € €312,500
Minimum cost in the last six months £257,469
Maximum cost in the last six months £268,578
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,109

Setúbal, Setúbal, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €312,500 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€312,500 £257,469 £268,578 £11,109
Property Price € €312,500
Minimum cost in the last six months £257,469
Maximum cost in the last six months £268,578
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,109

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £11,109 more.

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