The area:
Located in one of Montevideo’s fastest-growing and most rapidly transforming areas, the project is surrounded by universities, educational centers, healthcare institutions, shops, and a wide range of dining and cultural options. Excellent connections make it easy to reach different parts of the city, while the proximity to the Rambla and Parque Rodó offers the opportunity to enjoy green spaces and outdoor activities. A dynamic, continually developing setting, ideal for those seeking comfortable living or an investment with strong potential.
Expenses not included in the price:
- Occupancy and connection fees: 4%
- Real estate fees for purchase or sale: 3% + IVA, payable upon signing the purchase agreement.
- Garages available: inquire about price.
Payment methods:
- Construction financing: 30% upon signing the purchase agreement, 60% during construction, 10% upon handover.
- Cash: 80% upon signing the purchase agreement, 20% upon handover.
- Bank financing accepted.
Tax benefits:
The project is developed under Law 18.795 (the law promoting social-interest housing) and therefore offers:
- ITP exemption
- IRAE/IRPF exemption on rental income for 10 years
- IP exemption for 10 years
Follow us on social media at @alvicorpropiedades to hear first about new launches and exclusive promotions.
ALVICOR PROPIEDADES
Member of the Association of Real Estate Agencies of Uruguay (ADIU)
National Registry of Real Estate Operators No. 1289
The property information was provided by the owner. Alvicor is not responsible for possible errors, omissions, or changes without prior notice.
ABU94002 AP8425438
