$1,904,122

Fully renovated guesthouse for sale in the historic centre of Setúbal, 50 km south of Lisbon. The property has nine en-suite rooms and is sold furnished and ready to operate, either as an Alojamento Local guesthouse or, subject to licensing, as a small boutique hotel. Built in 1986 and fully renovated in 2020, it offers 382 m² of gross private area over two floors, within a total area of about 438 m². The nine suites have 14 beds in total. Two have private balconies and one has its own terrace. Every room has a private shower room, air conditioning, a minibar, a safe, a flat-screen TV and a coffee machine. Shared areas include a living room, an open-plan kitchenette and a 56 m² outdoor patio. The building also has an office, two guest WCs, two staff WCs, a storage room and attic storage. The guesthouse currently trades as a pet-friendly Alojamento Local, with each room decorated around a different region of Portugal. It holds a 9.2 guest rating on Booking.com and 10 out of 10 on Hotels.com. A new owner could add services such as wine tastings, boat trips on the bay or guided walks in Arrábida. The address is Avenida dos Combatentes da Grande Guerra, about 400 m from the city centre. The Setúbal Museum is a three-minute walk and Bonfim Park about five minutes on foot. The Livramento Market, named by USA Today as one of the world’s best fish markets, is also five minutes away. The train station is an 18-minute walk, with direct Fertagus trains to Lisbon every 20 minutes. Lisbon airport is around 40 minutes by car. Setúbal sits between the Arrábida Natural Park and the Sado Estuary Natural Reserve. In 2002 its bay was the first in Portugal to join the Club of the Most Beautiful Bays in the World. The estuary has a resident group of about 30 bottlenose dolphins, one of only three known resident populations in Europe. Albarquel beach is about 2.5 km away, and further along the Arrábida coast is Galapinhos, voted the most beautiful beach in Europe in 2017. The catamaran to the Tróia peninsula leaves about 2 km from the property and crosses in 15 minutes, and Comporta is around an hour by car. Demand in the region is rising. Overnight stays on the Setúbal Peninsula grew 4.7% in 2025, one of the largest increases of any region in Portugal. Lisbon’s new Luís de Camões airport, planned at Alcochete, will put the main international airport on the same side of the Tagus as Setúbal. The operator ANA projects opening in 2037, while the government targets 2035. Floor plans and further operating details are available on request. #ref:0354