2 Bedroom New Build Apartment

Seixal, Seixal Municipality, Portugal

Upon Bay Mundet

New Build
2 bedrooms
€520,000

Upon Bay Mundet 427

Interior: 58.3m²
Exterior: 8.4m²

Occupying an enviable riverside location in Seixal, the iconic Mundet factory is being transformed into a collection of branded, fully furnished residences by one of the largest developers in Lisbon. The project comprises a mix of studio to three-bedroom apartments as well as excellent on-site facilities including an infinity pool, a gym, a bar and a restaurant.

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ABOUT THE LOCATION

Located along the river, Seixal is a picturesque town with a population of 31,600 and is characterised by its connection to water. During the 18th century, this area becomes a favoured retreat for Lisbon’s aristocracy, leading to the construction of numerous holiday homes and villas. The apartments are set in the former Mundet Cork Factory right in front of the river and just seven minutes’ walk from the river beach swimming area. In the nearby area, you’ll find a selection of restaurants, shops and an urban park. Lisbon is just 30 minutes’ drive away and there is a ferry port 15 minutes away on foot with regular services to and from Lisbon.

About The Property

An unmissable opportunity to own a piece of history, the iconic Mundet factory building this exciting development includes a mix of optimised studios, duplexes and loft-style apartments, all of which have been thoughtfully renovated in a light and airy contemporary style with floor-to-ceiling windows. One of the highlights of the project is that you’ll enjoy access to a restaurant, a bar, a spa, a gym and a rooftop terrace with an infinity pool. There is also a 24-hour reception and security, an events room and a garden.

Investment Potential

These apartments are not only a fantastic lifestyle investment for those seeking a home away from home or permanent residence right by the river, but will also appeal to those looking for a buy-to-let investment as optional, flexible rental management is available with guaranteed rental yields of 4%.

ADVISERS’ OPINION

Within easy reach of the capital and with lower prices per sqm, Seixal offers the best of both worlds and is set for capital appreciation as the area is undergoing a wave of regeneration.

Why Invest

Guaranteed 4% rental yields for 5 years
Renovation of an iconic factory
Prime riverfront location
Communal pool, gym and spa
Restaurant, bar and 24-hour reception

Local Insights

15 mins from the ferry port
30 mins’ drive from Lisbon
Close to the river beach
Great selection of restaurants
Strong potential for capital appreciation

*Please note that the images used throughout are indicative or photographs of previous work from the same developer. Images may not be exactly representative of the property.

ENQUIRE ABOUT THIS PROPERTY

Reference Ref	Type	Bedrooms Beds	m²	Price	Interested?
AALB161-427	Apartment	2	58.3 m²	€520,000

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