Amenities:
The area:
Located in Barrio Sur, one block from the rambla and surrounded by services, this development is in an area with excellent connections across the city. Its proximity to Montevideo’s historic center and main business district makes it a strategic place to live or invest.
The surroundings combine coastal tranquility with the area’s cultural and commercial vitality. Museums, theaters, art galleries, and a varied dining scene mix with tree-lined streets and architecture where contemporary and colonial styles coexist. In addition, direct access to the Rambla de Montevideo, one of the main routes connecting the west and east, reinforces its value as a real estate opportunity in an area that continues to grow and renew itself.
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 agreement.
Garages available: ask for the price.
Payment methods:
- During construction: 30% upon purchase agreement - 60% during construction - 10% upon delivery.
- Cash: 80% upon purchase agreement - 20% upon delivery.
Tax exemptions:
The project is developed under Law 18.795 (the law promoting social-interest housing) and therefore benefits from:
- Exemption from ITP.
- Exemption from IRAE/IRPF on rental income for 10 years.
- Exemption from IP for 10 years.
The information contained in this document was supplied by the property owner.
Contact:
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ALVICOR PROPIEDADES
Affiliated with the Asociación de Inmobiliarias del Uruguay (ADIU).
National Register of Real Estate Operators No. 1289.
Alvicor Propiedades accepts no responsibility for any changes, differences, or modifications to this document.
ABU68585 AP7576809
