Excellent real estate investment opportunity in the heart of Montijo.
Set of 5 vacant urban buildings, located in the heart of the historic and pedestrian area of the city, with a rare and highly valued feature: 4 street fronts, ensuring excellent exposure, luminosity and future appreciation of the development.
The asset is currently under consideration by the Municipality of Montijo, providing for the rehabilitation and expansion of the building complex for a modern housing and commercial project with approximately 992 m² of Gross Construction Area.
The study developed includes:
11 apartments
6 T1 units
5 T2 fractions
2 commercial spaces on the ground floor
A particularly attractive opportunity for investors and developers looking to develop a differentiating project in one of the fastest growing and most demanding areas of the South Bank.
The privileged location allows immediate proximity to commerce, restaurants, services, schools, transport and main accesses to Lisbon.
Key highlights:
Premium location in the historic centre of Montijo
Consolidated pedestrian area
4 street fronts
High potential for appreciation
Strong residential demand in the region
Ideal project for real estate development
Excellent relationship between location, area and construction potential
Montijo has been asserting itself as one of the most dynamic real estate markets in the Lisbon Metropolitan Area, making this asset a strategic investment opportunity with high potential for profitability.
For more information, technical documentation or to schedule a visit, please contact us.
Note: The information provided does not dispense with your confirmation and cannot be considered binding
Energy Rating: Exempt
#ref:DWL-623
- Rooms
- Number of floors:3
- Surroundings
- School
- Green areas
- Pharmacy
- Areas
- Gross Area:922.00m²
- Land Area:355.40m²
Similar Properties
Building with approved PIP
PIP approved for 13 apartments
Possibility of 11 apartments and 2 shops, or 13 apartments, depending on the investors preference
The project foresees 8 T1 apartments with areas of 40 to 70 m2, and 5 T2 apartments with areas of 80 to 100 m2
2 floors + attic
Very central location
3 fronts: Rua Afonso Palla, Rua Cândido dos Reis and Travessa do Cirilo
Contact us for more information
Energy Rating: Exempt
#ref:EDI_1098...
(Photos were taken prior to the renovation works. New photos reflecting the completion of the first phase of works coming soon.)
Land Area: 908 sqm
Gross Construction Area: 1,036 sqm
The project includes the construction of 30 Apartments (Studio / One-Bedroom / Two-Bedroom), totaling 1,036 sqm of construction.
Ideal for income generation.
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First phase of works ready for 12 apartments:
Ground Floor: 5 Units (5 Studios)
1st Floor: 5 Units (3 One-Bedroom + 2 Tw...
The property requires renovation/refurbishment works, offering the possibility to develop a fully customized project tailored to the needs of the future owner or investor.
The property also benefits from the added value of having a PIP submitted to the Montijo City Council, allowing for a faster development process ...
Set of 5 vacant urban buildings, in a high state of degradation;
Located in a pedestrian area, with 4 street fronts.
Buildings consisting of ground floor and an additional floor (currently in ruins).
Project Details:
The project is awaiting approval of a Request for Prior Information (PIP) by the Municipality of Montijo;
The PIP foresee...