Your dream home, at the cost of a luxury apartment.
The sale does include the plot and the project, approved by the Câmara de Municipal de Setúbal. The construction itself is NOT included.
The construction cost depends on your choice of materials, detailed finish and constructor, estimated at €400.000. The architects are available to assist you through the construction process.
A very profitable second option option is renovating the existing structure into 2 studio's and 4 apartments or a T2 plus two studio's, for own living and/or (AL) renting. Cost estimated €100.000-€150.000; initial drawings available.
The asking price for the current house and approved project is €215.000, excluding construction.
The construction is located in the historic ARU-zone of Setúbal and therefore subject to 6% VAT (instead of 23%).
Contact your real estate agent for more information.