Store to be converted into a duplex T3 apartment This commercial space has a gross area of 177 square meters distributed over the ground floor and first floor

Setúbal, Setúbal, Portugal

For Sale

€350,000

REF: 813534 €350,000


2

177 m2

177 m2

Description

Store to be converted into a duplex T3 apartment This commercial space has a gross area of 177 square meters distributed over the ground floor and first floor. Currently, it is equipped with movable structures and can accommodate up to six offices, in addition to having a fitted kitchen and two bathrooms.

With several storage areas and large windows on three fronts, this space is equivalent to a ground floor and first floor of a residential building with three floors. It has air conditioning in all divisions. It is located at the ground floor level of a three-story residential building, in a residential area close to Setúbal's main roads, access to the A12, the Bus Terminal, and the Alegro Shopping Center.

The process of converting this space into housing has already begun, which represents an excellent investment opportunity with good profitability. IAD has a team of highly qualified and experienced professionals in the real estate sector, ready to offer the best service and advice to its clients. By using cutting-edge technology, IAD makes the process of buying or selling properties easier and more intuitive, providing tools and digital platforms.

In addition to a wide range of properties for sale, including houses, apartments, land, warehouses, and other types of properties, IAD offers property valuation services, financial consultancy, legal assistance, and other services related to real estate transactions. Are you interested in scheduling a visit today?Commercial property undergoing conversion to residential use Regarding this property, currently designated for commercial use, there is a process underway with the competent authority aimed at changing its purpose to residential, thus potentially transforming it into a duplex T3 apartment.

The commercial space boasts a gross area of 177 square meters spread across the ground floor and first floor. Currently equipped with movable structures, it can accommodate up to six offices. Additionally, it features a fitted kitchen and two bathrooms. With various storage areas and expansive windows on three fronts, this space is equivalent to a ground floor and first floor and is situated in a three-story residential building.

It is equipped with air conditioning in all rooms. Located in a residential area close to Setúbal's main roads, the A12 access, the Bus Terminal, and the Alegro Shopping Center. The process of converting this space into housing has already begun, presenting an excellent investment opportunity with good profitability.

IAD boasts a team of highly qualified and experienced professionals in the real estate sector, ready to offer the best service and advice to their clients. Leveraging cutting-edge technology, IAD makes the process of buying or selling properties easier and more intuitive, providing tools and digital platforms. May we schedule a visit today? #ref: 116065
Store to be converted into a duplex T3 apartment This commercial space has a gross area of 177 square meters distributed over the ground floor and first floor. Currently, it is equipped with movable structures and can accommodate up to six offices, in addition to having a fitted kitchen and two bathrooms.

With several storage areas and large windows on three fronts, this space is equivalent to a ground floor and first floor of a residential building with three floors. It has air conditioning in all divisions. It is located at the ground floor level of a three-story residential building, in a residential area close to Setúbal's main roads, access to the A12, the Bus Terminal, and the Alegro Shopping Center.

The process of converting this space into housing has already begun, which represents an excellent investment opportunity with good profitability. IAD has a team of highly qualified and experienced professionals in the real estate sector, ready to offer the best service and advice to its clients. By using cutting-edge technology, IAD makes the process of buying or selling properties easier and more intuitive, providing tools and digital platforms.

In addition to a wide range of properties for sale, including houses, apartments, land, warehouses, and other types of properties, IAD offers property valuation services, financial consultancy, legal assistance, and other services related to real estate transactions. Are you interested in scheduling a visit today?Commercial property undergoing conversion to residential use Regarding this property, currently designated for commercial use, there is a process underway with the competent authority aimed at changing its purpose to residential, thus potentially transforming it into a duplex T3 apartment.

The commercial space boasts a gross area of 177 square meters spread across the ground floor and first floor. Currently equipped with movable structures, it can accommodate up to six offices. Additionally, it features a fitted kitchen and two bathrooms. With various storage areas and expansive windows on three fronts, this space is equivalent to a ground floor and first floor and is situated in a three-story residential building.

It is equipped with air conditioning in all rooms. Located in a residential area close to Setúbal's main roads, the A12 access, the Bus Terminal, and the Alegro Shopping Center. The process of converting this space into housing has already begun, presenting an excellent investment opportunity with good profitability.

IAD boasts a team of highly qualified and experienced professionals in the real estate sector, ready to offer the best service and advice to their clients. Leveraging cutting-edge technology, IAD makes the process of buying or selling properties easier and more intuitive, providing tools and digital platforms. May we schedule a visit today? #ref: 116065
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Property on Map

#116065

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 €350,000 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
€350,000 £288,365 £300,808 £12,443
Property Price € €350,000
Minimum cost in the last six months £288,365
Maximum cost in the last six months £300,808
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,443

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 €350,000 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
€350,000 £288,365 £300,808 £12,443
Property Price € €350,000
Minimum cost in the last six months £288,365
Maximum cost in the last six months £300,808
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,443

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 £12,443 more.

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