Perez Castellanos, Venta 4 Locales / Terreno Pérez Castellanos

U$S 480,000

$ ~19,300,000 / U$S 529/m2

US$ 507/m2 · 64% cheaper than the median of Montevideo

Published 5 months ago
Bathrooms

3

Area

908

Construction Year

1956

Category

Shop

Views

606

Commercial premises for sale in Pérez Castellanos

A unique opportunity for investors on Av. Gral. Flores, at a high-impact corner.

A unique 908 m² property is offered for sale, located at the strategic corner of Gral. Flores and Serrato, in an area with heavy traffic and constant growth.

Features:

  • The property is covered by the Promoted Housing Law (18.795), with exemptions from IRPF/IRAE on rental income and Property Tax, as well as attractive incentives for investors.
  • Potential to build up to 5 floors, ideal for a residential, commercial, or mixed-use project.
  • Corner lot with multiple access points and maximum visibility, opposite the renowned Bar Sin Bombo dining venue, enhancing pedestrian traffic and the area's value.
  • Currently has 4 commercial premises to renovate, offering the possibility of generating rental income or developing from scratch.

Ideal for developers and investors seeking a strategic location, tax benefits, and strong appreciation potential.

Expenses and taxes:

  • Real estate commission: 3% + IVA.

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Property details

ID

Category

Type

Area

Built Area

1506184

Shop

Sale

908

946

Rooms

Bathrooms

Construction Year

Code

Updated

1

3

1956

Q7221B

2026-05-03

Payment calculator

Loan: US$ 360.000
Monthly payment
US$ 2.791

Approximate: fixed rate, no insurance or fees. Check the terms with your bank.

Location

480к U$S

Location

Montevideo

Address

Perez Castellanos, Venta 4 Locales / Terreno Pérez Castellanos

What's nearby

Public transport
1.9 km · 24 min walk
Supermarket
Ta - Ta
70 m · 1 min walk · 3 within 1 km
School
Escuela 137 Grupo Escolar María Noya
220 m · 3 min walk · 14 within 1 km
Pharmacy
Cerrito
260 m · 3 min walk · 2 within 1 km
Park
1.1 km · 14 min walk
Show 5 more
University
Facultad de Ciencias Agrarias
2.3 km · 29 min walk
Hospital or clinic
Medica Uruguaya
150 m · 2 min walk
Bank or ATM
1.3 km · 16 min walk
Restaurant or café
Casa Alonso
40 m · 1 min walk · 3 within 1 km
Gym
Gimnasio
1.4 km · 17 min walk

Straight-line distance, walking time at 4.8 km/h. Map data © OpenStreetMap contributors

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