The area:
Located in the heart of Cordón Sur, steps from Av. 18 de Julio and Bvr. Artigas, and very close to Pocitos and Tres Cruces. It is in a strategic area with excellent transport connections, a wide range of shops and dining options, and close to Parque Batlle, one of Montevideo’s main green spaces.
An active neighborhood with a strong identity, chosen both by those looking for a new home and by investors who value its dynamism and potential.
Expenses and taxes:
Expenses payable by the buyer:
- Occupancy expenses: 4%.
- Real estate fees for purchase or sale: 3% + IVA, payable upon signing the commitment.
- Garages or parking spaces available: ask for the price.
Payment methods:
- Cash: 90% upon signing the commitment and 10% upon delivery.
- During construction: 30% upon signing the commitment and the remaining 70% in 27 installments.
Tax exemptions:
The development is carried out under Law 18.795 (the law promoting social-interest housing) and therefore qualifies for:
- Exemption from ITP.
- Exemption from IRAE/IRPF on rental income for 10 years.
- Exemption from IP for 10 years.
Contact:
Get in touch to schedule your visit. Follow @alvicorpropiedades on social media to be the first to hear about new launches and exclusive promotions.
ALVICOR PROPIEDADES is affiliated with the Asociación de Inmobiliarias del Uruguay (ADIU) and holds National Register of Real Estate Operators No. 1289.
The information was provided by the owner. Alvicor Propiedades is not responsible for possible changes, errors, or omissions in this document.
ABU67114 AP7410351
