HOTEL DEVELOPMENT IN SETUBAL

PROJECT FOR THE HOTEL MARKET TO BE IMPLEMENTED IN A SINGLE WAREHOUSE, WITH EXCELLENT LOCATION. We present FÁBRICA, a privileged opportunity for the development and construction of tourist apartments, with a 4-star rating, in the heart of Setúbal. The development has an apart-hotel concept with an inspiring design, and is for sale with the architectural project already approved for a gross construction area of ??5,047m2, which consists of the fusion of a large old warehouse from the 1920s, and plus neighboring land. The project is designed to build 63 modern apartments, 27 of which are studios measuring 35m2, and another 36 one-bedroom apartments measuring 55m2, combining local appeal to fill a clear gap in Setúbal's hotel market. In its common areas, you can count on 350 m2 of garden, as well as a cafe and another space for coworking. This iconic warehouse, FÁBRICA, is located in a charming residential neighborhood, ten minutes away from the historic center of Setúbal, with its world-famous restaurants, museums and fishmongers. Setúbal has a vibrant local community and is known for its maritime activities, historical monuments and gastronomic delights, along with its safety and tranquility. Located in an immaculate bay surrounded by nature, between the Sado estuary, Serra da Arrábida and the Tróia peninsula, including the world-renowned Comporta. The natural importance of its surroundings and its proximity to Lisbon and Comporta make it a unique place with an exceptionally wide tourist appeal for lovers of the city, the beach and nature. It benefits from excellent access and proximity to Lisbon airport, as well as the main transport lines across the country. Easily accessible by car via the A12 motorway, which connects the property directly to the capital Lisbon in 45 minutes, or by public transport, being just a few steps from the train station, and is a 10-minute drive from the wonderful and world-famous Arrábida beach. Nearby, the ferry takes us to the unmissable beaches of Tróia and Comporta.