Centro, Minas & Avenida Uruguay, Montevideo Departamento De Montevideo, Uruguay
U$S 298,000
$ ~12,000,000 / U$S 1,237/m2
US$ 1,237/m2 · 9% cheaper than the median of Centro
Published 6 months ago
Area
241
Category
Land
Views
695
Casablanca: 241 m² plot, single property registry, Minas and Uruguay
Located on the strategic corner of Minas and Uruguay, this property is an option for developers seeking to maximize buildable area in an established, high-demand area.
Features:
The plot has an area of 241 m² and currently consists of two commercial premises and a house, allowing rental income during the project phase.
Frontage of 18 meters on Minas and 19.42 meters on Uruguay.
An alignment project provides for a 3-meter widening on Minas Street, enhancing the street and potentially increasing the project’s future value.
Development potential:
Maximum height: 19 meters.
FOS: 100%.
A ground floor plus 5 levels can be planned, depending on height.
Full occupancy of the plot.
Estimated area per floor: approximately 241 m².
Estimated levels: 5 floors plus ground floor.
Estimated total buildable area: 1,200 to 1,400 m².
The final area will depend on setbacks, current regulations, and architectural design.
Product potential:
Residential building with studios and one-bedroom units, ideal for rental.
Mixed-use project with retail premises and homes or offices.
Adaptable to rental demand in the central area.
Location:
Well connected and close to services, educational centers, offices, and transportation.
