Passeio das Caravelas 88

Alcochete | Setubal

A Vision of

Urban Dreams

View Photos Watch Film 360° VTour Open House

Filipe Pereira

Presented At

€560,000

Bedrooms

Bathrooms

Living

1,077

SQM

Stories 1

Open Kitchen

Steam Room

Stone Countertops

Air Conditioning

Elevator

Washer Dryer

Fitness Center / Gym

Indoor Pool

Bar

Jacuzzi

Sauna

Terrace

Parking

Garden

Balcony

Pool

Water View

Beachfront

Waterfront

Gated Community

River View

Privacy

Panoramic / Scenic View

Riverfront

Modern

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Passeio das Caravelas 88

Alcochete | Setubal

Passeio das Caravelas 88, 2890-166 Alcochete, Portugal, Alcochete, Setubal, Portugal. , Alcochete , Setubal

2-BEDROOM APARTMENT WITH LARGE TERRACE AT PRAIA DO SAL LISBON RESORT

Panoramic views, a large terrace, modern finishes and functionality are essential elements for many buyers in the market right now, and this 2-bedroom apartment in the spectacular Praia do Sal Lisbon Resort in Alcochete has them all. Located on the first floor of Block B, facing northeast, the apartment feels very sunny in the morning. The covered terrace allows you to enjoy the views over the development’s garden, the beach and the river all year round in a sheltered and peaceful environment. The apartment is entirely on the same side, which means that all the main rooms have access to the large terrace and the same view. The entrance is located in the center of the apartment and is via a 5.3-square-meter hall, with the social area to the right and the two bedrooms to the left. The social area consists of an open plan living room and kitchen, with an area of 23.1 sqm., with the kitchen fully equipped with Bosch appliances. The two en-suite bedrooms present areas of 14.9 and 20.7 sqm. and include private bathrooms equipped with shower trays and built-in wardrobes. The entire apartment has oak laminate flooring, except for the bathrooms, which have ceramic mosaic flooring. The terrace has a wooden deck, water point and glass screens, making the most of the magnificent view. The apartment also has a private parking space located in the development's communal garage, on the underground floor. Living at Praia do Sal Lisbon Resort means being able to enjoy the feeling of being on holiday every day, with a wide range of luxury services and exclusive amenities at your disposal, including a fabulous outdoor infinity pool with salt water, a heated indoor pool, two gyms, a spa with sauna, Turkish bath, massage rooms and relaxation rooms, 24-hour reception and a restaurant. This apartment, in addition to being able to live in it full time, can also be monetized through tourist exploitation, managed entirely by the administration, in case you wish to occupy it only for certain periods throughout the year. Book your visit with us and come and see how it all works.

Gallery

3D Street View Tour

Property Location

Passeio das Caravelas 88, 2890-166 Alcochete, Portugal, Alcochete, Setubal, Portugal., Alcochete Setubal

Local Weather & Climate

Alcochete, Setubal

Current Conditions Updated recently

57 °F

Scattered clouds

Feels Like 56°F

Humidity 72%

Wind 12 mph

Visibility 6.2 mi

Sunrise 7:43 AM

Sunset 5:54 PM

5-Day Forecast

Sat 31 Jan

Clouds

High 59°

Low 54°

Sun 1 Feb

Rain

High 60°

Low 57°

Mon 2 Feb

Rain

High 60°

Low 52°

Tue 3 Feb

Rain

High 54°

Low 50°

Wed 4 Feb

Rain

High 61°

Low 52°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Alcochete?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

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Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (Portugal)

€0 Est. First Year Interest Deduction

€0 Est. Annual Tax Savings

*Maximum annual deduction is €296. Property must be permanent residence. Phasing out for higher incomes.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Portugal. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Portugal tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

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$560,000

Passeio das Caravelas 88, 2890-166 Alcochete, Portugal, Alcochete, Setubal, Portugal.

Alcochete, Setubal

2 Beds

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Market Opinion

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Our perspective on current market conditions in Alcochete. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $56,000,000 20% down ($11,200,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$4,812/day

Your home may appreciate while you sleep

$33,777/week $146,367/mo $1,756,404/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$30.8M

+$43.7M

$43.7M Potential Equity

vs $30.8M lost to rent over 10 years

$11.2M Down Payment Growth

3.9x

10yr

$43.7M

8.1x

20yr

$90.5M

12.6x

30yr

$141.4M

Wealth Comparison

×337

Equivalent to 337 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $141.4M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $65.9M +18%

Market $76.3M +36%

Optimistic $88.0M +57%

$43.7M est. equity

20 Years

Conservative $77.7M +39%

Market $103.9M +85%

Optimistic $138.3M +147%

$90.5M est. equity

30 Years

Conservative $91.5M +63%

Market $141.4M +153%

Optimistic $217.3M +288%

$141.4M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Passeio das Caravelas 88, 2890-166 Alcochete, Portugal, Alcochete, Setubal, Portugal have?

This apartment at Passeio das Caravelas 88, 2890-166 Alcochete, Portugal, Alcochete, Setubal, Portugal features 2 bedrooms with 1,077 square feet of living space.

What is the size of Passeio das Caravelas 88, 2890-166 Alcochete, Portugal, Alcochete, Setubal, Portugal?

This property offers 1,077 square feet of living space.

What is the listing price for Passeio das Caravelas 88, 2890-166 Alcochete, Portugal, Alcochete, Setubal, Portugal?

This property is listed at $56,000,000, which equals $51996 per square foot.

Is now a good time to buy a home in Alcochete?

Based on current market indicators, Alcochete shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is Passeio das Caravelas 88, 2890-166 Alcochete, Portugal, Alcochete, Setubal, Portugal?

This is a apartment located in Alcochete, Setubal. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: