Residential Building in Montijo, Lisbon

Development of Three Bedroom Apartments

Overview of Project

Acquisition of a residential building in the neighbourhood of Montijo, one of the fastest growing neighbourhoods in Lisbon, Portugal. It is at a 20 minute drive from the current Lisbon airport and a 30 minute drive from Lisbon city center. The project site is located in the heart of Montijo

Strategy:

The site is a 300 sq mtr land and is currently a ground storey structure only. There is an opportunity to add an additional 3 and a half storeys with a total built up area of 500 sq mtrs
The Project is already acquired and all construction approvals are already in place
The Business Plan is to build a total of 3 apartments in a span of 16 – 18 months
- 3 apartments with 3 bedrooms each (1,200 sq ft per apartment)
- 4 parking spots

About Montijo

Montijo indeed stands out as a wonderful location for those seeking a balance between proximity to Lisbon and a more peaceful living environment. The ease of access to the capital—whether by car, bus, or ferry—makes it a convenient choice for commuting while offering a quieter, more affordable lifestyle compared to the bustling city. This combination of accessibility, charm, and affordability is what makes Montijo an appealing option for both families and investors looking for a good mix of tradition and modernity.

The future new Lisbon Airport in Alcochete, less than 15 minutes away from Montijo, will significantly enhance the region’s value and importance. Its construction and opening will elevate the overall transport infrastructure, making Montijo a prime location for both residential and commercial development. This proximity is expected to increase property demand, drive economic growth, and improve accessibility for tourists and investors.