Setúbal · Portugal's Atlantic Coast

A coastal renovation, reborn as four apartments.

In the old streets of Setúbal — a fishing city on the Sado estuary, a short walk from the sea — a characterful building is being transformed into four private apartments.

Buy to live in, or to let. We handle the renovation and the rest.

The building in Setúbal's old town, on a cobbled street

The opportunity

Own a piece of the Portuguese coast

Pure Profit Group is bringing a run-down building in the heart of Setúbal back to life as four self-contained apartments. Secure one as a home by the sea, a holiday base, or a buy-to-let in one of Portugal's fastest-growing coastal markets. Our team takes care of the renovation, the paperwork and the heavy lifting.

01
Four private apartments
One building, four independent homes — each self-contained.
02
To live in or to let
Use it yourself, or earn rental income. The choice is yours.
03
Close to the sea
Not on the seafront, but an easy stroll from the water and the old town.
04
Handled end to end
Renovation, process and support managed by our team.

Why Setúbal

One of the Atlantic coast's best-kept secrets

Just south of Lisbon, Setúbal trades tourist crowds for working fishing harbours, wide estuary light and some of Portugal's finest seafood. Authentic, well-connected, and still remarkably good value.

View over Setúbal's tiled rooftops and traditional façades

Dolphins on the Sado

A resident pod of bottlenose dolphins lives in the Sado estuary at the city's edge.

Arrábida & Tróia

Green mountains and white-sand peninsula beaches within easy reach.

A seafood city

Famous for fried cuttlefish and lively daily markets on the waterfront.

Close to Lisbon

Around 50 km from the capital and its international airport.

Real rental demand

Growing tourism and a working city mean year-round letting potential.

Coastal value

Atlantic living, without the price tag of Lisbon or the Algarve.

The building today

A characterful shell, full of potential

These are the spaces as they are now — timber-beamed roofs, tall shuttered windows and generous volumes waiting to be reimagined. Honest and unpolished, and exactly why it's an opportunity.

Beamed attic space with terracotta tiles — Beamed roof · original timber & tile

Large open floor with wooden ceiling — Open volumes

Light-filled room with tall window — Estuary light

Attic room with exposed A-frame beams — Under the eaves

Room with original fireplace nook — Period detail

Long ground-floor space — Ground floor · room to design

The vision

Four apartments, one sunlit building

Original character kept where it counts — exposed beams, high ceilings and that estuary light — paired with modern kitchens, bathrooms and finishes. Here's how the four apartments could look.