Development land in the Centro area

Excellent investment opportunity in a strategic location in Montevideo, one block from Av. 18 de Julio, in the heart of Centro, with immediate access to an extensive public transport network, services, shops, educational institutions and public agencies.

Features:

• 16.27 metres of frontage and a land area of 353 m².
• Permitted height of 27 metres plus gálibo.
• Currently has 1014 m² built and no heritage protection.
• Located in a Promoted Housing zone, with access to tax benefits for developers and investors.

Development potential:

• Ideal for developing a ground floor with commercial premises, a basement for garages and up to 9 residential floors.
• Estimated capacity for more than 40 units, with amenities such as a common room and communal spaces.
• Attractive project for both sale and rental.