House Setubal (Portugal) Price: $ 1,333,300 USD

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Bedrooms 8 

Mansion belonging to the heritage of the Viscount of Montalvo located in the ARU area (Urban Rehabilitation Area) in the old centre of the city of Setúbal.Having gone through several stages, the decisive date of the current building is the last decade of the century. XIX, and the property is currently in full ownership, however, it consists of 3 different floors or rooms susceptible to independent use, located on 2 floors and with two independent entrances: the main one that gives access to the main floor of the palace and a lateral one that gives access to the semi-basement floor, both with a ceiling height of 4 meters.At the moment there is an approved project for total remodelling for a single-family house consisting of 3 suites with dressing room, 3 living rooms, 1 office, kitchen and garage.The building is an important testimony of the palatial architecture of the city's romantic period, in neo-Renaissance and neo-baroque styles, with a façade facing the street, but in a recessed position, being preceded by a walled garden, leaning on the west side, to the chapel of Nossa Senhora da Conceição, a building erected at the end of the century. XVII;The current palace seems to be the result of several constructions based on the framework of the old ground floor of what seems to have been a palatial residence or noble house; This old ground floor seems to be the reason why we have today a basement of unusual dimensions and height, which also determined the appearance of its exterior elevation, more elegant and elevated than would be expected in a house without an upper floor. The building boasts a sober but sophisticated architecture, in a late-classical eclectic taste of Italianate inclination where the main façade comprises seven spans of extension on the noble floor and basement - the latter endowed with ground windows -, with the axis portal served by a small staircase marking the most prominent main body, with five bays. The sobriety is especially evident in the design of the openings, with a simple cut with slightly lowered arched lintel, which are finished with baroque ornaments in plastered mass,When we cross the garage door, located at the east top of the house, we can identify inside the section of the medieval wall, where the construction leaned at its beginning, which extends longitudinally in an east-west direction. The Mercator Group has Swedish origins and is one of the oldest licensed real estate brokerage companies (AMI 203) in Portugal. The company has been marketing and intermediating properties for more than 50 years. Mercator focuses on the midsize and luxury segments and works throughout the country with a very strong presence in the Cascais area and the Algarve.Mercator has one of the best home deals on the market. We represent approximately 40 percent of Scandinavian investors who have purchased a home in Portugal during the last decade. In some places like Cascais, we have a market share of around 80 percent.The advertising information displayed is not binding and requires confirmation in case of interest.