Prime Urban Land for Development in Central Montijo

Discover a standout investment opportunity in the rapidly evolving landscape of the South Bay. This substantial urban land is perfectly positioned within a consolidated area of Montijo, offering unparalleled visibility near one of the city's primary junctions. As the region experiences a significant real estate surge, this plot represents a strategic acquisition for those looking to capitalize on the increasing demand for high-quality residential and commercial spaces just a short distance from Lisbon.

The property currently features a substantial residence comprising ten rooms, alongside various annexes and three interconnected warehouses. These existing structures provide a unique foundation for those interested in a sophisticated conversion project, such as industrial-style lofts or creative studios. The interior layout of the warehouses offers vast volumes and structural flexibility, while the presence of a traditional well and a spacious yard adds a touch of authentic character to the overall site.

Technically, the site is classified as a Level 1 Mixed Urbanized Space, offering significant development density. The municipal guidelines permit the construction of a building with up to five storeys, making it ideal for a multi-unit residential complex or a mixed-use development featuring retail units on the ground floor. With a generous footprint, the site can comfortably accommodate between ten and fifteen apartments, depending on the architectural vision and licensing requirements, ensuring a high return on investment.

Spanning a total area of 2,432 m², the property includes over 1,180 m² of uncovered space, providing ample room for private gardens, residents' amenities, or secure parking. Located in the heart of Montijo and Afonsoeiro within the Setúbal district, the plot is surrounded by essential infrastructure and local commerce. This is a rare chance to shape the urban fabric of a thriving community. Please reach out to discuss the full technical specifications and development possibilities of this exceptional property.