19th-Century Palacete for Renovation

Character building for sale in the heart of Setúbal's historic centre. Late 19th-century palacete with azulejo-tiled facade, 939 m² gross area (projected 1,166 m² post-renovation), fully vacant. Located on Avenida 5 de Outubro, 50 km from Lisbon, with triple frontage onto three streets.

Architectural study available (Estudo Prévio V01, August 2025): mixed-use programme of 8 residential units (studio to 3-bed) + ground-floor retail. Projected sales revenue: €4.76M. Market benchmark: €4,900–5,100/m².

ARU Zone Setúbal (Certificate 113/2025): IMT exemption, 6% VAT on construction works, 5-year IMI reduction, IRS/IRC deductions. Documented ruinous condition. Energy certificate exemption confirmed (DL 118/2013).