Amenities:
- Barbecue area
- Coworking area
- Laundry room
- Solarium
- Bicycle space
- CCTV cameras
The area:
Located opposite the Montevideo City Hall, in the heart of the city, the development is in one of the capital’s most complete and dynamic centers. The surroundings combine cultural, university, and commercial life, with a wide range of dining options, plazas, monuments, and green spaces.
- Excellent connectivity, multiple public transport routes, and close to Tres Cruces, the country’s main bus terminal.
- A financial and service hub, with banks, public institutions, and shops, making this location a strategic opportunity both for living and investing.
Expenses and taxes:
Expenses payable by the buyer:
- Occupancy expenses: 4%
- Real estate fees for purchase or sale: 3% + IVA, payable upon signing the purchase commitment.
Payment methods:
- During construction: 30% upon purchase agreement, 60% during construction, and 10% upon handover.
- Cash: 80% upon purchase agreement and 20% upon handover.
- Bank financing accepted.
Tax exemptions:
The project is developed under Law 18.795 (the law promoting social-interest housing) and therefore qualifies for:
- ITP exemption.
- Exemption from IRAE/IRPF on rental income for 10 years.
- IP exemption for 10 years.
The information in this document was provided by the property owner. Alvicor Propiedades accepts no responsibility for any change, discrepancy, or modification to this document.
Contact:
Write to us and schedule your visit. Follow us on social media at @alvicorpropiedades to be the first to hear 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.
ABU67321 AP7446155
