The area:
Located in the heart of Barrio Sur, this project benefits from a unique setting where proximity to the coast and a lively cultural and commercial scene stand out as its main attractions. Museums, theaters, art galleries, and a varied food scene sit alongside tree-lined streets and corners that combine modern architecture with colonial touches. Its quick access to the Rambla of Montevideo, one of the main routes to the port and the city center, makes it a valuable real estate opportunity in an area experiencing steady growth and development.
Additional information:
Expenses paid by the buyer:
- Occupancy expenses: 4%.
- Real estate fees for purchase or sale: 3% + IVA, payable upon signing the purchase agreement.
- Parking spaces available: inquire about price.
- Listed price: cash payment (inquire about the financed price).
Payment methods:
- During construction: 30% upon signing the purchase agreement, 60% during construction, and 10% upon handover.
- Cash: 80% upon signing the purchase agreement and 20% upon handover.
- Bank financing accepted.
Tax exemptions:
The project is carried out under Law 18.795 (the law promoting social housing), and therefore includes:
- Exemption from ITP.
- Exemption from IRAE/IRPF on rental income for 10 years.
- Exemption from IP for 10 years.
The information in this document has been provided by the property owner.
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ABU68416 AP7555043
