Building for complete renovation in Setúbal, 1 minute from Avenida Luisa Todi

This building to be renovated is located on Rua Deputado Henrique Cardoso, with excellent rental yields and great resale potential, as it is located in one of the best areas of Setúbal, right opposite Av. Luísa Todi.This area is located in the Setúbal Urban Rehabilitation Area (ARU), and any renovation that increases the conservation level to Good will grant exemptions on IMI, IMT and VAT at a reduced rate for construction works, in accordance with the current Tax Benefits and CIVA Statute.It is possible for the building to be aligned with the neighboring buildings, increasing the construction area and adding another floor.Given its enormous potential due to its proximity to all types of commerce, services, transport and beaches, it is a great investment that you cannot miss.Book your visit now!