£642,585
Studio for sale
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Just added
£642,585
€750,000 (€66/sq. ft)
Studio for sale
Rua Afonso Palla, Montijo E Afonsoeiro, Portugal11,442 sq. ft
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Local area information
Property location
This location is approximate only. Contact the agent for the exact address.
Nearby amenities
Features and description
Montijo Historic Center Rehabilitation Project
In the heart of Montijo's historic center lies a truly exclusive investment opportunity: A set of five urban buildings with a fully structured rehabilitation project, designed to create a high-quality residential development in one of the Lisbon Metropolitan Area's most promising real estate markets.
The privileged location, combined with the historic framing and development potential, makes this asset a rare opportunity for investors seeking to combine heritage, appreciation and profitability.
An Excellent Location, in a exclusively pedestrian zone, the property benefits from a tranquil, authentic environment replete with identity, where architectural heritage harmoniously coexists with Montijo's growing urban dynamism.
With four street fronts, it offers an uncommon feature that guarantees excellent sun exposure, abundant natural light and added value for all future fractions.
A Project Ready to Move Forward.
The complex currently consists of ground floor and a upper floor, the latter being in ruins, creating the ideal scenario for a complete rehabilitation of a high standard.
The property has an approved Preliminary Information Request (pir) for architecture, with only the specialties pending. The approved layout can be fully implemented, significantly reducing development timelines.
Additionally, there is the possibility to convert the current commercial spaces into housing by delivering the final screens, offering greater flexibility and investment optimization.
The project contemplates:
- Expansion of the building to three floors
- Gross Construction Area of approximately 992 m2
- 11 apartments, distributed as:
- 6 T1 units
- 5 T2 units
- 2 commercial spaces on the ground floor, strategically positioned to benefit from the vitality of the historic zone.
A Forward-Llooking Investment
Montijo is experiencing one of the periods of greatest real estate appreciation in its recent history. Proximity to Lisbon, continuous improvements in accessibility, and growing housing demand make this market particularly attractive to both national and international investors.
This project represents the opportunity to create a distinctive development, where the character of traditional architecture combines with the requirements of contemporary living, resulting in a unique real estate product capable of meeting the expectations of an increasingly demanding market.
More than buying a property, this is about investing in a singular asset, with a consolidated urban framework, defined project, and high potential for medium- to long-term appreciation.
Energy Category: Exempt
ref:PH3716
In the heart of Montijo's historic center lies a truly exclusive investment opportunity: A set of five urban buildings with a fully structured rehabilitation project, designed to create a high-quality residential development in one of the Lisbon Metropolitan Area's most promising real estate markets.
The privileged location, combined with the historic framing and development potential, makes this asset a rare opportunity for investors seeking to combine heritage, appreciation and profitability.
An Excellent Location, in a exclusively pedestrian zone, the property benefits from a tranquil, authentic environment replete with identity, where architectural heritage harmoniously coexists with Montijo's growing urban dynamism.
With four street fronts, it offers an uncommon feature that guarantees excellent sun exposure, abundant natural light and added value for all future fractions.
A Project Ready to Move Forward.
The complex currently consists of ground floor and a upper floor, the latter being in ruins, creating the ideal scenario for a complete rehabilitation of a high standard.
The property has an approved Preliminary Information Request (pir) for architecture, with only the specialties pending. The approved layout can be fully implemented, significantly reducing development timelines.
Additionally, there is the possibility to convert the current commercial spaces into housing by delivering the final screens, offering greater flexibility and investment optimization.
The project contemplates:
- Expansion of the building to three floors
- Gross Construction Area of approximately 992 m2
- 11 apartments, distributed as:
- 6 T1 units
- 5 T2 units
- 2 commercial spaces on the ground floor, strategically positioned to benefit from the vitality of the historic zone.
A Forward-Llooking Investment
Montijo is experiencing one of the periods of greatest real estate appreciation in its recent history. Proximity to Lisbon, continuous improvements in accessibility, and growing housing demand make this market particularly attractive to both national and international investors.
This project represents the opportunity to create a distinctive development, where the character of traditional architecture combines with the requirements of contemporary living, resulting in a unique real estate product capable of meeting the expectations of an increasingly demanding market.
More than buying a property, this is about investing in a singular asset, with a consolidated urban framework, defined project, and high potential for medium- to long-term appreciation.
Energy Category: Exempt
ref:PH3716
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