Land for sale in Carrasco Este, Montevideo, Uruguay: U$S 2,690,000, 1100 m², 1 bathroom. Published on May 14, 2025 by Diego.
Approximately 1,100 m² of land in Carrasco Sur, one of Montevideo’s most exclusive and sought-after areas. It has frontage on three streets, including Avenida Italia, and offers potential for residential, corporate, commercial, institutional or mixed-use projects.
Site advantages:
- Triple frontage allows for flexible design, separate entrances and a strong urban presence.
- An area experiencing rising property values. The Avenida Italia corridor has new towers, private clinics, office buildings and high-end residences under development or already approved.
- There is a precedent for high-rise construction just meters from the property; towers of up to 10 floors have been approved and built.
- Located on a major, high-traffic road with steady flow and strategic visibility.
- Flexible zoning for residential, commercial, corporate, diplomatic and service uses, without severe restrictions.
- Water with two connections, electricity, gas, sewerage and fiber-optic internet are installed.
- Surrounded by international schools, shopping centers, embassies, private clinics and green spaces.
Building conditions and development potential:
The base regulations allow up to 4 floors. The Municipality has already approved exceptions for taller developments on the same avenue, including on the same stretch, providing a strong basis for submitting preliminary plans for greater height. The triple frontage, the 1,100 m² lot size and Av. Italia’s role as a major thoroughfare strengthen the technical and urban-planning case for a building exception.
