The area:
Located in one of Montevideo’s fastest-growing and most transformed areas, the project is surrounded by universities, educational centers, healthcare institutions, shops, and a wide range of dining and cultural options. Excellent connectivity makes 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, constantly developing setting, ideal for those seeking comfortable living or an investment with strong potential.
Costs not included in the price:
- Occupancy and connection costs: 4%
- Real estate fees for purchase or sale: 3% + IVA, payable upon signing the purchase agreement.
- Garages available: inquire about the price.
Payment methods:
- Construction-stage financing: 30% upon signing the purchase agreement, 60% during construction, and 10% upon delivery.
- Cash: 80% upon signing the purchase agreement and 20% upon delivery.
- Bank financing accepted.
Benefits under Law 18.795:
The project is being developed under Law 18.795 (the law promoting social-interest housing) and therefore includes:
- Exemption from ITP
- Exemption from IRAE/IRPF on rental income for 10 years
- Exemption from IP for 10 years
Alvicor Propiedades is affiliated with the Asociación de Inmobiliarias del 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 AP8425507
