Freeport Outlet is closer to Lisbon than from Setúbal. To get there you can take a bus or rent a car. You can take the bus 413 from Setúbal bus station or the 431, 432 or 437 in Lisbon (in Campo Grande station - north part of Lisbon or in Gare do Oriente - Eastern Part of Lisbon). Schedules can be seen in http://www.tsuldotejo.pt/ choose lines in the menu and then lines-suburban.
Have a nice trip!
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