Building with 3 floors near Avenida Luisa Todi in Setúbal for sale

This building for renovation is located on Rua Deputado Henrique Cardoso, with excellent rental and local accommodation profitability and significant sales potential, located in one of Setúbal's best areas, right across from Avenida Luísa Todi.

Some profitability metrics:
-Guaranteed annual capital growth of 15% per year in the municipality;
-Value/m2 for sale in Setúbal in 2025 = €3,088/m2 to €3,386/m2;
-Ability to leverage the investment with non-refundable capital through the Urban Rehabilitation Funds of the IFRRU and the Environmental Fund;
-Exemption from IMI and IMT (Municipal Property Tax) under the Urban Rehabilitation Legal Regime (RJRU) and resulting from the Tax Benefits Statute;
-VAT at a reduced rate of 6% on all construction projects.

You can take advantage of the project, which includes the division of three apartments into horizontal properties, with a preliminary approval conditional upon the delivery of some instructional documents.

Given its enormous potential and proximity to all types of shops, services, transportation, and beaches, it's a great investment not to be missed. Schedule your visit now!