Vasco da Gama Residence
Vasco da Gama Residence
An exclusive new-build residential development in Montijo, offering 40 T2 and T3 apartments across 4 buildings. Thoughtfully designed for modern living, each home features glass balconies, premium interior finishes, and generous living areas. The top-floor duplex penthouses come with expansive private terraces of 57–59 m² offering panoramic views — a rare luxury in this price range. All units are Energy Class A certified.
Montijo is a thriving municipality in the Setúbal Region on the east bank of the Tagus, part of the greater Lisbon metro area. With fast road access via the Vasco da Gama Bridge, regular bus services from Gare do Oriente, and ferry connections to central Lisbon, the town delivers city convenience at a fraction of Lisbon prices. Home to Forum Montijo shopping centre, quality schools, and Hospital Garcia de Orta. Its proximity to the confirmed Luís de Camões Airport site makes it one of the most strategically positioned locations in the Lisbon metropolitan area.
Development Highlights
- ✓4 buildings, 40 units
- ✓T2 & T3 apartments
- ✓Glass balconies
- ✓Premium finishes
- ✓Duplex penthouses
- ✓Private panoramic terraces
- ✓Energy Class A
- ✓~30 min from Lisbon
- ✓Forum Montijo nearby
- ✓Future airport proximity
Property Gallery
Click any image to enlarge · Images are illustrative of finishes and layouts
Floor Plans & Price List
Full unit breakdown by floor, typology, area, and sale price. All prices include parking (one space per unit, except ground floor Unit A). Prices are subject to change — please contact us to confirm current availability.
| Floor | Unit | Fraction | Typology | Area (m²) | Storage (m²) | Balcony (m²) | Terrace (m²) | Parking | Sale Price | Floor Plan |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 | B | J | T3 + Storage Duplex | 109.25 | 51.35 | 13.25 | 59.40 | 1 | €597,500 |
📐 Floor 4
|
| A | I | T2 + Storage Duplex | 94.85 | 44.85 | 13.25 | 56.95 | 1 | €497,500 | ||
| 3 | B | H | T3 | 109.25 | — | 13.25 | — | 1 | €450,000 |
📐 Floor 3
|
| A | G | T2 | 94.85 | — | 13.25 | — | 1 | €382,500 | ||
| 2 | B | F | T3 | 109.25 | — | 13.25 | — | 1 | €445,000 |
📐 Floor 2
|
| A | E | T2 | 94.85 | — | 13.25 | — | 1 | €380,000 | ||
| 1 | B | D | T3 | 109.25 | — | 13.25 | — | 1 | €440,000 |
📐 Floor 1
|
| A | C | T2 | 94.85 | — | 13.25 | — | 1 | €377,500 | ||
| 0 | B | B | T2 + Office | 103.15 | — | — | — | 1 | €395,000 |
📐 Ground
|
| A | A | T2 | 84.35 | — | — | — | 0 | €347,500 |
Notes: Prices shown are for Lote 41 (one of 4 buildings in the development). Price list correct as at time of publication and subject to change without notice. All prices in EUR and exclude purchase taxes (IMT, Stamp Duty) and notary/legal fees. Unit A (Ground floor) does not include a parking space and is priced accordingly. Duplex penthouses (Floors 3–4) include private terraces of 57–59 m² in addition to the 13.25 m² balcony. Contact us for the full 40-unit availability list across all four buildings.
Why Buy in Montijo?
Excellent Connectivity
Direct road access via A33/Vasco da Gama Bridge, regular ferry to central Lisbon, and bus routes to Gare do Oriente — ~30 minutes to Lisbon city centre.
Future Airport Proximity
Montijo sits immediately adjacent to the confirmed Luís de Camões Airport site in Alcochete — one of the most strategically positioned locations in the Lisbon metro area.
Growing Commercial Hub
Forum Montijo shopping centre, quality international schools, Hospital Garcia de Orta, and a rapidly developing residential and commercial base.
Value vs. Lisbon
Properties in Montijo trade at a significant discount to Lisbon prices while offering the same metro-area quality of life — strong capital appreciation potential.
Nature & Lifestyle
Easy access to Arrábida Natural Park, Atlantic beaches, and the Tagus Estuary nature reserve — exceptional outdoor lifestyle within the Lisbon metro.
Energy Class A
All 40 units are Energy Class A certified — lower utility costs, higher resale value, and compliance with modern EU energy efficiency standards.
Location
Frequently Asked Questions
Common questions about Vasco da Gama Residence and buying off-plan in Portugal
When buying off-plan in Portugal, you sign a Promissory Purchase & Sale Agreement (CPCV) and pay a deposit — typically 10–30% of the purchase price in staged payments. The remaining balance is paid at deed completion (escritura) when the property is ready. The developer is legally required to provide a bank guarantee covering your deposits.
The main purchase costs are: IMT (property transfer tax — typically 6–8% for non-primary residences), Stamp Duty (0.8%), Notary and Land Registry fees (approx. 1–1.5%), and legal fees. We provide a full personalised cost breakdown before you commit. For a €347,500 purchase, total transaction costs are typically €25,000–35,000.
Yes — Portuguese banks offer mortgages for off-plan purchases. The mortgage is typically agreed in principle before signing the CPCV, and the funds are released at deed completion. Non-residents can generally borrow up to 70–80% (EU citizens) or 60–70% (non-EU). Our mortgage brokerage service is complimentary.
Portuguese law requires developers to hold bank guarantees for buyer deposits on off-plan purchases. If the developer fails to deliver, you are entitled to recover your deposits in full plus interest. Your lawyer will review all guarantees before you sign.
Residential property purchases no longer qualify for the Portugal Golden Visa as of 2024. However, if EU residency by investment is your goal, we can advise on qualifying fund investment routes. Please contact us for a personalised consultation.
Yes — Vasco da Gama Residence comprises 4 buildings with 40 total units. The price table on this page covers Lote 41 (10 units). Contact us for the full availability list across all four buildings, including current availability status for each unit.
Interested in Vasco da Gama Residence?
Our team will send you the full brochure, current availability across all 4 buildings, and walk you through the buying process — complimentary and obligation-free.