Portugal
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Apartment complex for sale in Setúbal, Distrito de Setúbal
854,000€
Palace of the 21st Century XVI, in front of the River Sado in Setúbal, from the Reign of D. João III. Located on the city's main avenue. Located on Av. Luísa Todi nº 98, less than 200 meters from the Setúbal Marina Less than 100 meters from the train station in Setúbal. Less than 50 meters from Setúbal's downtown shopping area. Less than 2000 meters from the beaches. Total private gross area is 1612 m2, with 4 floors, Land implementation area 716m2, Building implementation area is 564m2, External garden area is 152m2, and has 2 levels. It has 36 divisions and 11 property registers. The building is intended for Housing, Commerce, Services, Warehouse and Industrial Activity. You can choose from a charming hotel to several apartments and even complement it with a large restaurant, in the best area of Setúbal, known for its famous restaurants near the Sado River. This Palace was built in the 16th century. XVI, during the reign of D. João III, and served as headquarters for Generals Solano and Kellerman when in 1807 Napoleon's Spanish and French troops occupied this area, in the so-called Napoleonic Invasion. However, in the middle of the same year 1807, when Setúbal was recovered from foreign invaders, General José Lopes de Sousa, at the head of the national and restoration troops, also reestablished his General Headquarters in this Palace. In 1850 it was inhabited by Carlos de Almeida Carvalho, while he carried out research into the ruins of Troia, as a Member of the Lusitanian Archaeological Society. Later it was a primary school and its last occupation was as accommodation for the officers of the recruitment centre of the 11th barracks, opposite the Palace. The price per m2 is below €550, well below the average value in this area and in the historic areas of the City, in similar conservation conditions. Some parts of the building have a ceiling height of 5.80 meters and you can add an intermediate floor. Given the building's exceptional location and being a Palace with history next to the River, it becomes an interesting project for different uses, and because it is between the beach area of Troia and Setúbal and is less than 50km away from Lisbon. #ref: 33237.
Additional Property Information:
• Bathrooms: 8
• External size: 746 m²
• Size: 1,612 m²
• Energy Rating: F
• Reference: 33237
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