Description
The 2,432 m² urban plot includes old buildings to be demolished and is suitable for buildings up to 5 stories high, with a maximum occupancy rate of 60%, thus constituting an exceptional opportunity for real estate development.
The currently built area totals 1,251 m², distributed between a house (seven rooms) and three adjoining warehouses (12 rooms) intended for commercial and restaurant use.
The outdoor space also includes a generous 1,180 m² yard, a well, walls, and an access gate. The existing buildings, dating from the 1930s and 1940s, preserve their original layout and are in good structural condition, with fronts facing Rua Joaquim de Almeida and Praca das Tertulias.
The location is truly privileged, with immediate access to all essential services: CUF, PSP, CTT, Health Center, supermarkets, hotels, Casa da Musica, as well as the main road axes.
Montijo stands out for its quality of life and urban dynamics, making this property an extremely attractive investment opportunity.
Between the city gates and the historic center, this property occupies a strategic position on one of Montijo's most important thoroughfares, next to Praca das Tertulias, the convergence point of six main roads. This is an area undergoing rapid development, driven by new urban projects, excellent access to major roads (A33, A12), and proximity to the future location of Luiz de Camoes Airport.
Translated with DeepL.com (free version)
Energy Rating: E
