Gebäude zu verkaufen auf Montijo, Setúbal, Portugal, ab 1.000.000 €

Building for Renovation, 18% Yield, for Sale in Montijo (Photos were taken prior to the renovation works. New photos reflecting the completion of the first phase of works coming soon.) Land Area: 908 sqm Gross Construction Area: 1,036 sqm The project includes the construction of 30 Apartments (Studio / One-Bedroom / Two-Bedroom), totaling 1,036 sqm of construction. Ideal for income generation. --- First phase of works ready for 12 apartments: Ground Floor: 5 Units (5 Studios) 1st Floor: 5 Units (3 One-Bedroom + 2 Two-Bedroom) 2nd Floor: 2 Units (2 One-Bedroom) --- 3 Buildings: - Building 1: 397 sqm (1st Fase) - Building 2: 381 sqm (2nd Fase) - Building 3: 258 sqm (2nd Fase) --- Second phase with an estimated cost of €500,000. The asking price of €950,000 reflects the project in its current stage. Remaining investment: €100,000 + €500,000 to complete an additional 18 units, totaling 30 Apartments. --- Estimated Income: Average rental value: €800 × 30 Units = €24,000 / month Monthly Income: €24,000 Annual Income: €288,000 Estimated Total Investment: €1,550,000 Estimated Yield: 18.58% / year --- Montijo City Center. 5 minutes from Alcochete and 15 minutes from Lisbon. Fast access to the A33 and Vasco da Gama Bridge. ---------- Any doubt, just call us. NOTE: We make partnership and sharing with all professional real estate agents. ---- ABOUT LT REAL ESTATE At LT Real Estate, we prioritize DISCRETION, commit to operating with EXCELLENCE, and bestow DISTINCTION. Founded by Marisa Guedes and Bruno Queirós, LT Real Estate was established with the intention of solidifying itself as a benchmark of excellence in the highly selective Premium/Luxury Residential Market and in the sophisticated realm of Investments. Exclusivity, promptness, and meticulousness in service are the most significant pillars that underpin the essence of our brand. At LT, our dedication is directed with care towards each client, focusing on the sublime goal of establishing lasting relationships and ensuring 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.’ ---- ltrealestate.pt/en-gb #ref:EDI_2386