Ciudad Vieja, Apartamento Con Renta - Ciudadela Y Mercedes - Ciudad Vieja

U$S 99,500

$ ~4,000,000 / + $ 2,300 common expenses / U$S 1,877/m2

US$ 1,877/m2 · 17% cheaper than the median of Ciudad Vieja

Published 2 years ago
Bedrooms

2

Bathrooms

1

Area

53

Construction Year

1947

Category

Apartment

Views

3208

Income-producing apartment in Ciudadela and Mercedes, Ciudad Vieja

Apartment for sale in Ciudad Vieja, Montevideo, Uruguay: U$S 99,500, 53 m², 2 bedrooms, 1 bathroom. Common expenses: $ 2,300 per month. Published on March 6, 2024 by Leclat Emprendimientos; updated on March 7, 2024.

Price per m² in Ciudad Vieja: sale and rent

Income-producing apartment in an excellent renovated building in very good structural condition. Located on the corner of Ciudadela and Mercedes, near Plaza Independencia, the Radisson Victoria Plaza hotel, financial and banking institutions, theaters, museums, and restaurants.

Location:

  • Multiple parking options within 100 meters and connections to all areas of Montevideo.

Unit 105:

  • 2 spacious bedrooms
  • Living-dining room
  • Separate kitchen
  • Full bathroom
  • First floor, accessed by stairs
  • Total property area (built area): 53,63 m²
  • Common areas: 7,12 m²
  • Total area (APPCU): 60,75 m²

Features:

  • Renovated apartment: plumbing, pipes, electrical system, paint, and finishes
  • Existing hardwood window frames restored and new roller blinds installed
  • Very good natural light and ventilation

Terms:

  • Sale price: USD 99.500
  • Rented for: $20.000
  • Guarantee: Mapfre
  • Lease term: March 2025
  • Annual yield: 6,18 %
  • Low common expenses ($2.300)
  • Bank financing accepted
  • Pets allowed
  • Suitable for an office
  • No occupancy costs or connection fees

Renovation information:

Existing building in very good structural condition. It has 19 units: two street-facing commercial premises on the ground floor, one premises in the basement, and 16 apartments with 1, 2, and 3 bedrooms, distributed across the ground floor and two upper levels. The general installations were restored, finishes were upgraded, and high-quality residential units and commercial premises were created again.

Finishes and installations:

  • Bathroom walls and floors clad in high-quality glazed ceramic
  • Main bedrooms and living room have residential click-system vinyl flooring
  • Chrome single-lever faucets and high-quality fixtures
  • All electrical wiring replaced with new wiring
  • Heat-fusion water supply pipes and new drainage pipes
  • Units delivered freshly painted over a skim-coat base
  • Existing hardwood window frames restored and new roller blinds installed
  • New kitchen cabinets with stainless steel countertops
  • Work throughout the building included the facade, air shafts, rooftops, and windows and doors

Fees and taxes:

Real estate commission: 3% + I.V.A.

Property details

ID

Category

Type

Area

Rooms

Bathrooms

530516

Apartment

Sale

53

3

1

Bedrooms

Construction Year

Common expenses

Code

Updated

2

1947

$ 2,300

F82C07

2024-03-06

Payment calculator

Monthly payment
US$ 579/mo
Loan
US$ 74.625
Interest
US$ 64.231
Total of payments
US$ 138.856
Down payment
US$ 24.875

Approximate: fixed rate, no insurance or fees. Check the terms with your bank.

Location

99.5к U$S

Location

Montevideo

Address

Ciudad Vieja, Apartamento Con Renta - Ciudadela Y Mercedes - Ciudad Vieja

What's nearby

Public transport
410 m · 5 min walk · 6 within 1 km
Supermarket
Cooperativa Bancaria
90 m · 1 min walk · 5 within 1 km
School
Escuela 218 María Clara Zabala
420 m · 5 min walk · 9 within 1 km
Pharmacy
Cañabis Protectio
150 m · 2 min walk · 18 within 1 km
Park
Plaza Zabala
140 m · 2 min walk · 13 within 1 km
Show 6 more
University
Universidad de la Empresa
990 m · 12 min walk
Hospital or clinic
Sanidad Naval Centro Asistencial Familiar Montevideo
370 m · 5 min walk · 5 within 1 km
Beach
630 m · 8 min walk
Bank or ATM
Bandes
40 m · 1 min walk · 31 within 1 km
Restaurant or café
Ceibo
10 m · 1 min walk · 92 within 1 km
Gym
Momentum Fitness Club
270 m · 3 min walk · 3 within 1 km

Straight-line distance, walking time at 4.8 km/h. Map data © OpenStreetMap contributors

Amenities

Living-Dining Room

Pets Allowed

Additional Actions

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