Description
Building for Renovation, 14% Yield, for Sale in Montijo
- Land Area: 908 sqm
- Gross Construction Area: 1036 sqm
Development Potential:
- Opportunity for the construction of 15-20 apartments (T0/T1/T2) with a total construction area of 1036 sqm, ideal for rental income.
Details of Existing Buildings:
- Building 1: 397 sqm
- Building 2: 381 sqm
- Building 3: 258 sqm
Estimated Investment: €800,000 for renovations.
Projected Income:
- Monthly: €15,000
- Annual: €180,000
- Yield: 14% per year
Prime Opportunity:
A fantastic investment for rehabilitating existing areas or constructing a 4-story building.
Location:
In the heart of Montijo,
5 minutes from Alcochete and 15 minutes from Lisbon,
With quick access to the A33 and Vasco da Gama Bridge.
For inquiries, please don't hesitate to contact us.
Note: We partner and collaborate with all professional real estate agencies.
About LT Real Estate
At LT Real Estate, we pride ourselves on DISCRETION, commit to working with EXCELLENCE, and deliver with DISTINCTION.
Founded by Marisa Guedes and Bruno Queiros, LT Real Estate aims to establish itself as a benchmark for excellence in the exclusive premium/luxury residential market and sophisticated investment arena.
Our hallmark values of exclusivity, efficiency, and meticulous service form the foundation of our brand.
At LT, we are dedicated to creating lasting relationships and delivering maximum satisfaction for our clients.
'The true essence of luxury is revealed in every meticulous detail. Luxury is not a privilege; it is a business strategy.'
Visit us: ltrealestate.pt
Energy Rating: B
