Tax benefits:
The project is carried out under Law 18.795, the law promoting social-interest housing. It includes:
- Exemption from ITP
- Exemption from IRAE/IRPF on rental income for 10 years
- Exemption from IP for 10 years
Construction quality:
- Finish with E.I.F.S or similar system, with significant advantages
- Thermal and acoustic insulation: the system provides resistance to cold and heat, reduces thermal bridges, and improves indoor comfort
- Greater durability: the system is highly resistant and less prone to cracking than other materials
- Cost savings: thermal insulation helps reduce heating and cooling expenses
- Outdoor walkways, halls, and landings: stone and/or porcelain tile flooring
- Bedrooms, living rooms, and kitchens: vinyl planks with a wood-like finish, glued down with 7 cm-high skirting boards
- Bathrooms: high-quality porcelain tile and/or ceramic tile
- Balconies: stone and/or porcelain tile flooring
Payment terms:
- Launch price list
- 10% reservation
- 20% at contract signing
- 60% in installments during construction
- 10% upon delivery
Additional costs:
Real estate fees:
- Purchase or sale: 3% + VAT, payable upon signing the commitment agreement
- Rental: 1 month's rent + VAT, payable upon signing the contract
- Fees are paid together with the signing of the commitment agreement or sale and purchase deed
Alvicor Propiedades is affiliated with the Uruguayan Association of Real Estate Agencies (ADIU). National Registry of Real Estate Operators No. 1289. The information was provided by the property owner. Alvicor Propiedades is not responsible for changes, differences, or modifications to this document.
ABU57524 AP6232579
