
Charming Setúbal town with affordable property prices. Average prices: €2,672/m². 64% below Lisbon prices.
Annual price growth: 2.5% · Forecast: neutral · stable
Area: Setúbal District · regional · Investment category: regional · 3,000 apartments · 50 new units/year
Character and Identity: A beautiful city climbing from the river (Sado) to the castle, surrounded by rice fields.
National Role: Historically, a salt supplier for the empire. Today, a center for rice cultivation.
Historical Development: An ancient port used by the Phoenicians and Romans (Salacia).
Interesting Facts: In the archaeological crypt at the castle, one can see layers of modern, medieval, Moorish, and Roman history stacked upon each other.
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