Building with Three Units

Setúbal, Santiago do Cacém

Building with Three Units
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Building with Three Units 160.000 € Ref: DHA0131
5
3
352 m²
352 m²
352 m²
186,7 m²
BUILDING WITH POTENTIAL FOR TRANSFORMATION

We present an investment opportunity in the heart of Baixo Alentejo, designed for investors and developers seeking a renovation project with clear potential for appreciation: a building in the center of the village of São Domingos, composed of three units—two residential and one commercial—with ideal characteristics for conversion into independent units or for use as a local lodging establishment.

Main Features:
  • Current Configuration: Building with three units: two units and one commercial unit.
  • Ground Floor: A commercial establishment that operated as a café—a space with a lively social life and potential for resuming commercial activity or being converted into a support area for lodging (reception, small restaurant, store selling regional products, common area). On the same ground floor, there is a typical Alentejo house in ruins, with a traditional design that can be restored and enhanced while maintaining the region´s distinctive features. First floor: 3-bedroom house with dining room, kitchen, living room, and bathroom—a solid foundation for transformation into a charming residence or independent accommodation unit.
  • Property status: Requires complete renovation, allowing the investor to design finishes, redistribution, and technical solutions from scratch, optimizing energy performance and profitability.
  • Location: In the center of the village of São Domingos, a calm, friendly, and welcoming location—a perfect environment for those seeking Alentejo authenticity and also for guests who value local experiences.
  • Access and proximity: Just 30 km from the Alentejo coast (about a 20-minute drive) and 15 minutes from Santiago do Cacém, the municipal seat—an excellent combination of rural interior and accessibility to services, beaches, and infrastructure. Transformation Potential and Business Models
This building offers multiple possibilities, depending on the investor´s profile:
  1. Three independent housing units: Renovate the dilapidated house on the ground floor as a characterful home, renovate the café as a small house or studio, and modernize the three-bedroom apartment on the first floor—each unit fully autonomous, with separate entrances, for phased resale or medium- to long-term rental.
  2. Local accommodation (AL): Convert the three units into tourist units (e.g., a family three-bedroom apartment, a one-bedroom/two-bedroom apartment, and a studio/loft). The café can serve as a reception/small bar or a social space for guests, creating a tourism product with a local identity.
  3. Mixed model: Maintain a portion dedicated to commerce/services for the village (reviving the traditional café) and transform the other two into residential units, combining immediate income with community service.
Competitive advantages of the property and location
  • Authenticity and regional culture: The presence of a typical Alentejo home lends personality and differentiation in a market that values ​​products with history and identity. Entry Cost and Upside: Renovation projects in locations with growing demand for rural tourism and local accommodation tend to offer significant upside when the intervention is thoughtful—especially if it focuses on quality finishes, energy efficiency, and local experience.
  • Growing Tourist Demand: The Baixo Alentejo region has established itself as a destination for those seeking nature, less crowded beaches, gastronomy, and authenticity—all of which fuels demand for local accommodations off the coast almost year-round.
  • Accessibility to beaches and urban centers: Being 20 minutes from the coast and Santiago do Cacém 15 minutes away makes the property attractive to both tourists and temporary or permanent residents who work in nearby areas.
  • Potential for Experiential Tourism: The village and surrounding area allow for the creation of experiences (heritage trails, local cuisine, outdoor activities) that increase occupancy rates and the average price per stay. Practical suggestions to maximize the project
Preserve and highlight traditional elements (rammed earth walls, roof ridges, tiles/local traditions) by combining them with contemporary comfort solutions.
  • Examine the possibility of creating interior courtyards and balconies/terraces to maximize outdoor areas—highly valued in Alentejo accommodations.
  • Consider energy efficiency from the renovation stage (insulation, efficient windows, solar panels) to reduce operating costs and increase attractiveness.
  • Evaluate the café´s potential as a commercial outlet: a reactivated local service increases the attractiveness of the accommodation units and contributes to the village´s dynamism.
  • Consult the City Council about licensing regulations for local accommodations and possible incentives for urban renewal.
Property Type House
Typology 5 Bedrooms
Objective Sell
Condition To be recovered
Price 160.000 €
Year of Construction 1969
Country Portugal
District Setúbal
County Santiago do Cacém
Parish São Domingos e Vale de Água
Zone N/A
Rui Hilário
Rui Hilário
Chamada para a rede móvel nacional
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