€260,000

House for sale Montijo
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Overview

SUMMARY: Discover an opportunity with this Montijo house for sale and available for €260,000. This could be your next ideal home or a smart investment. More details await.

In the heart of Montijo, in a central and highly convenient location, this property with unique features and strong potential is ideal both for investment and for owner-occupation with additional income. The property comprises three independent residential

units. The first, smaller unit is currently let on a long-term lease, already providing a stable source of income. The second unit, a one-bedroom apartment (T1), is at an advanced stage of refurbishment, with the roof, flooring, electrical installations and plumbing already renewed. The third unit, a two-bedroom apartment (T2), follows the same scope of works, offering the possibility of final customization to the future owner's taste or optimization for the rental market. Additionally, the property also includes a four-bedroom, two-bathroom house, set on a corner plot of 121.09 m², with a gross construction area of 177.09 m². Built in 1949, this house offers excellent potential for value appreciation through renovation and includes a garden and garagefeatures increasingly valued in an urban setting. Location is one of its greatest strengths. Just a few steps away, there is a wide range of shops, services and restaurants, including places such as Tasca do Chico Bananeiro. Within only a few minutes on foot, it is possible to reach green areas such as Jardim Inclinado and Jardim do Coreto, ideal for leisure time. The surrounding area also offers an excellent network of essential services, including supermarkets, the local market, bakeries, pharmacies such as Farmácia Giraldes, well-regarded schools and nurseries, as well as Barreiro-Montijo Hospital Center, just a few minutes away. Proximity to public transport, namely the Carris Metropolitana network, ensures practical and efficient mobility. With a rare combination of multiple units, potential for appreciation, immediate income and a strategic location, this property represents a solid opportunity in the Montijo marketwhether for investors seeking to maximize returns or for those looking for a versatile residential project with multiple possible uses. Montijo is a Portuguese municipality located in the Setúbal District, on the south bank of the Tagus River. With a privileged location by the Tagus estuary, it combines the charm of a historic town with the dynamism of a growing region. Made up of several civil parishes, including Montijo and Afonsoeiro, Canha, and Pegões, the municipality is known for its rich agricultural, fishing, and cultural tradition. Popular festivities, such as the Festas de São Pedro (St. Peter's Festivities), are a hallmark of local identity, attracting visitors with processions, concerts, and celebrations. Bullfighting culture is an important part of Montijo's identity, reflected in events such as bullfights or bull runs, which enliven the streets during the popular festivities. Its proximity to Lisbon, via the Vasco da Gama Bridge, makes Montijo a popular choice for those seeking to live near the capital, but in a more peaceful setting. In addition, the municipality has good infrastructure in services, commerce, green spaces, and a charming riverside area that invites leisure and socializing. Energy Rating: E #ref:W-049G7C - W-049G7C - Engel & Völkers Lisboa

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Details

  • Beds: 3
  • Baths: 3
  • Price: €260,000
  • Reference No.: 173987443
  • Area: 121 m2

Location

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  • Engel & Völkers Lisboa
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