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750 000 €
Building in Montijo e Afonsoeiro, Montijo
Montijo, SetúbalBuilding in Montijo e Afonsoeiro with 1 067 m²
1 067 m²
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Building for sale
In the heart of the historic centre of Montijo there is a truly exclusive investment opportunity: a set of five urban buildings with a rehabilitation project already structured, designed to give rise to a high-quality residential development, in one of the most promising real estate markets in the Lisbon Metropolitan Area. The privileged location, combined with the historical setting and the constructive potential, makes this asset a rare opportunity for investors seeking to combine heritage, valorization and profitability. A Location of Excellence, inserted in an exclusively pedestrian zone, the property benefits from a quiet, authentic and full of identity environment, where the architectural heritage coexists harmoniously with the growing urban dynamics of Montijo. With four street fronts, it offers an unusual feature that guarantees excellent sun exposure, abundant natural light and an increased valorization of all future fractions. A Project Ready to Move. The set is currently composed of ground floor and an upper floor, the latter being in a state of ruin, creating the ideal scenario for a high-standard integral rehabilitation. The property has an approved Architectural Prior Information Request (PIP), only the specialties are pending. The approved layout can be executed in full, allowing significantly to reduce the development deadlines. In addition, there is the possibility of converting the current commercial spaces into housing by delivering the final screens, providing greater flexibility and optimization of the investment. The project includes: Expansion of the building to three floors; Gross Construction Area of approximately 992sqm; 11 apartments, distributed by: 6 T1 units; 5 T2 units; 2 commercial spaces at the ground floor level, strategically positioned to benefit from the vitality of the historic area. The Montijo is experiencing one of the greatest real estate valuation periods in its recent history, the proximity to Lisbon, the continuous improvement of accessibility and the growing demand for housing make this market particularly attractive for national and international investors. This project represents the opportunity to create a distinct venture, where the character of traditional architecture is combined with the requirements of contemporary housing, giving rise to an exclusive real estate product, capable of responding to the expectations of an increasingly demanding market. More than acquiring a property, it is about investing in a unique asset, with consolidated urban framework, defined project and a high potential of valuation in the medium and long term.
Details
Construction Year- -
Gross Area m²1 067
ElevatorNo
Private Gross Area m²1 067
Living Area m²1 063
GarageNo
Total Lot Size m²- -
Price m²702 €
Floor- -
Location
Nearby listings
Additional link:https://www.primehouse.pt/imovel/26405502
Origin Listing reference:id. PH3716
Publishing date:
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