Grou Hábitat:
A space where you feel truly comfortable, where you can connect with yourself and what matters to you. One that adapts to your new needs. A place where you can work, exercise, relax, share and enjoy. A space that inspires you to start new projects.
Location:
On Av. Italia, the main connection between downtown and the road network leading to the east of the country. 15 minutes from downtown, 5 minutes from the Rambla and 5 minutes from Parque Batlle.
Investment:
Uruguay is the first choice for investment in Latin America: a country with political and economic stability, continued GDP growth, 10 years of tax benefits for real estate developments, and high rental demand. Montevideo and its surroundings offer an estimated annual return of between 5% and 7%.
Tax benefits:
Exemption from the property transfer tax, equivalent to 2% of the cadastral value, for the first buyer. VAT exemption on the first sale, provided it takes place within ten years of completion of construction. Buyers of promoted housing for rental purposes may receive a 10-year exemption on the income generated.
Terms:
- Payment method: cash or bank financing
- Estimated common expenses
- Occupancy costs: 5%
- Real estate commission: 3% + IVA
ABU67515 AP7480985. Abate Propiedades. We manage your rental guarantee. We are insurance brokers for SURA, PORTO, SBI, SANCOR, ZURICH SANTANDER and MAPFRE.
