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Business opportunity for sale in Setúbal

USD 2,934,549

Business opportunity (For sale)

63 bd
54,325 sqft
lot 24,671 sqft
Reference: EDEN-T101655604 / 101655604
An investment opportunity in the heart of Setúbal, with a project approved by the Setúbal City Council and Turismo de Portugal, for the rehabilitation of the space, which promises to revive the historic Fábrica 1º de Março as an exuberant tourist development, with a 4* rating, made up of 63 apart-hotels. The project could be altered into residential units, should this be the core business.
Situated just a few minutes from the heart of Setúbal, a privileged location offering spectacular views of the sea, Troia and Arrábida. Its proximity to the Commercial Dock and the Recreational Dock, as well as the Setúbal Marina, offers guests privileged access to a variety of nautical and recreational activities.
The approved project will preserve the characteristic architectural elements of the former 1º de Março factory, such as the building's façades and imposing chimney.
The project is characterised by differentiation, combining local and international influences in an aspirational environment with excellent design. The building's industrial heritage is carefully incorporated, evoking the essence of New York and East London.
The project also provides outstanding amenities, including car parking, a 350m² internal garden, reception and a bar/snack bar, providing guests with a truly memorable experience.
MAIN PROJECT INDICATORS:
Units: 63 fully equipped holiday flats
Average unit size: 49m2
Communal café / co-working space: 90m2
Internal shared garden: 350m2
APPROVED BUILDING AREAS:
Above ground residential / commercial / technical: 4,361m2
Below ground car park / technical: 686m2
Total APPROVED: 5.047m2
Price: 694 / m2 APPROVED
View more View less Une opportunité d'investissement au cur de Setúbal, avec un projet approuvé par le conseil municipal de Setúbal et Turismo de Portugal, pour la réhabilitation de l'espace, qui promet de faire revivre l'historique Fábrica 1º de Março comme un développement touristique exubérant, avec un classement 4*, composé de 63 appart-hôtels. Le projet pourrait être transformé en unités résidentielles, si c'était l'activité principale.
Situé à quelques minutes du cur de Setúbal, cet emplacement privilégié offre des vues spectaculaires sur la mer, Troia et Arrábida. Sa proximité avec le quai commercial et le quai récréatif, ainsi qu'avec le port de plaisance de Setúbal, offre aux visiteurs un accès privilégié à une variété d'activités nautiques et récréatives.
Le projet approuvé prévoit la préservation des éléments architecturaux caractéristiques de l'ancienne usine 1º de Março, tels que les façades du bâtiment et l'imposante cheminée.
Le projet se caractérise par sa différenciation, combinant des influences locales et internationales dans un environnement ambitieux avec un excellent design. L'héritage industriel du bâtiment est soigneusement intégré, évoquant l'essence de New York et de l'est de Londres.
Le projet propose également des services exceptionnels, notamment un parking, un jardin intérieur de 350 m², une réception et un bar/snack-bar, offrant ainsi aux clients une expérience mémorable.
PRINCIPAUX INDICATEURS DU PROJET :
Unités : 63 appartements de vacances entièrement équipés
Taille moyenne des unités : 49m2
Café commun / espace de travail : 90m2
Jardin intérieur partagé : 350m2
SURFACES DE CONSTRUCTION APPROUVÉES :
Surface hors sol résidentielle / commerciale / technique : 4 361 m2
Parking souterrain / technique : 686 m2
Total APPROUVÉ : 5.047m2
Prix : 694 / m2 APPROUVÉ
Oportunidade de investimento no coração de Setúbal, com projecto aprovado pela Câmara Municipal de Setúbal e do Turismo de Portugal, para a reabilitação do espaço, o que promete reviver a histórica Fábrica 1º de Março como um exuberante empreendimento turístico, com classificação 4*, composto por 63 apart-hotéis. Existe viabilidade de alteração do projecto para frações habitacionais, caso esse seja o seu "core business".
Situado a poucos minutos do coração de Setúbal, uma localização privilegiada, proporcionando vistas espetaculares para o mar, Troia e Arrábida. Sua proximidade com a Doca Comercial e a Doca de Recreios, assim como a Marina de Setúbal, oferece aos hóspedes acesso privilegiado a uma variedade de atividades náuticas e recreativas.
O projeto aprovado prevê a preservação dos elementos arquitetónicos característicos da antiga fabrica 1º de Março , tais como, as fachadas do prédio e a imponente chaminé.
O projeto é pautado pela diferenciação, combinando influências locais e internacionais em um ambiente aspiracional e com design excelente. A herança industrial do edifício é cuidadosamente incorporada, evocando a essência de Nova Iorque e do leste de Londres.
O projeto também prevê comodidades de excelência, incluindo estacionamento, um jardim interno com 350m², recepção e um bar/snack-bar, proporcionando aos hóspedes uma experiência verdadeiramente memorável.
PRINCIPAIS INDICADORES DO PROJETO:
Unidades: 63 apartamentos turísticos completamente equipados
Tamanho médio da unidade: 49m2
Espaço comum de café / co-working: 90m2
Jardim interno partilhado: 350m2
Áreas de Construção APROVADAS:
Acima do solo residencial / comercial / técnico: 4.361m2
Abaixo do solo estacionamento / técnico: 686m2
Total APROVADO: 5.047m2
Preço: 694 / m2 APROVADO
An investment opportunity in the heart of Setúbal, with a project approved by the Setúbal City Council and Turismo de Portugal, for the rehabilitation of the space, which promises to revive the historic Fábrica 1º de Março as an exuberant tourist development, with a 4* rating, made up of 63 apart-hotels. The project could be altered into residential units, should this be the core business.
Situated just a few minutes from the heart of Setúbal, a privileged location offering spectacular views of the sea, Troia and Arrábida. Its proximity to the Commercial Dock and the Recreational Dock, as well as the Setúbal Marina, offers guests privileged access to a variety of nautical and recreational activities.
The approved project will preserve the characteristic architectural elements of the former 1º de Março factory, such as the building's façades and imposing chimney.
The project is characterised by differentiation, combining local and international influences in an aspirational environment with excellent design. The building's industrial heritage is carefully incorporated, evoking the essence of New York and East London.
The project also provides outstanding amenities, including car parking, a 350m² internal garden, reception and a bar/snack bar, providing guests with a truly memorable experience.
MAIN PROJECT INDICATORS:
Units: 63 fully equipped holiday flats
Average unit size: 49m2
Communal café / co-working space: 90m2
Internal shared garden: 350m2
APPROVED BUILDING AREAS:
Above ground residential / commercial / technical: 4,361m2
Below ground car park / technical: 686m2
Total APPROVED: 5.047m2
Price: 694 / m2 APPROVED
Reference: EDEN-T101655604
Country: PT
City: Setubal
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property size: 54,325 sqft
Lot size: 24,671 sqft
Rooms: 63
Bedrooms: 63

SALE PRICE PER SQFT IN SETÚBAL

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 326
+6.3%
+5.1%
Apartment
USD 266
-0.9%
-8.4%

AVERAGE HOME VALUES IN SETÚBAL

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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