2-bedroom apartment for sale in La Blanqueada, delivery 12/2021

Building features:

• Building 8cho is located opposite a landscaped green space and at the intersection of three of the capital’s most important avenues: Av. 8 de Octubre, Av. Luis A. de Herrera, and Av. Centenario.
• It offers immediate connections to the rest of the city and is close to medical mutual societies, the Tres Cruces bus terminal, shopping centers, educational centers, universities, green spaces, and outdoor promenades.
• It comprises 14 floors, with 44 parking spaces in the basement and ground floor, 11 levels with 87 one- and two-bedroom apartments, all with excellent natural light and open city views, and barbecue areas on the 12th floor.
• The 12th floor will have three barbecue areas, one enclosed and two open-air, for the exclusive use of co-owners. Each will have a bathroom and grill. There will be a large open-air terrace serving as a solarium.
• Two parking levels with a motorized vehicle-access gate operated by coded magnetic card or remote control.
• Entrance hall on Av. 8 de Octubre, with double-height ceilings and a mezzanine coworking space overlooking the main hall and landscaped outdoor green space.
• The complex will have another pedestrian entrance hall on Luis A. de Herrera, serving the one-bedroom units.

Unit features:

• Entrance door with electronic lock.
• High-resistance vinyl flooring in wood-look planks, with white skirting boards.
• Anodized aluminum frames with integrated roller blinds, Monoblock system with aluminum slats.
• Installed inverter split air-conditioning unit, heating and cooling.
• Bathroom equipped with toilet with cistern, bidet, washbasin with integrated vanity, chrome-plated brass single-lever faucets, and provision for an extractor fan.
• Kitchen with modular cabinetry under the counter in melamine finish and included overhead cabinets. Provision for installation of a range hood or extractor.
• Bedrooms with high-resistance vinyl flooring in wood-look planks and integrated Monoblock roller blinds with aluminum slats. Provision for installation of split heating and cooling air-conditioning units.
• Terraces with provisions for washing machine and water heater connections; location depends on the apartment type.

Installations and security:

• Air-conditioning unit with split heating and cooling terminal in the living-dining room, and provision in the bedrooms.
• Cable TV conduits in the living-dining room and main bedroom. Telephone and fiber-optic conduit in the living-dining room.
• Digital lock.
• Telephone-style intercom with access release for the main entrance hall.
• Vehicle-access gate operated by coded card or remote control.
• CCTV cameras at pedestrian and vehicle entrances.
• Provision for virtual concierge service.
• Three-meter-high fence or railing enclosing the entire property perimeter.

Social Interest Law:

The project is covered by Law 18795 on Social Interest.

For end buyers:

• More accessible prices.
• Financing of up to 85% through BHU and private banks (Santander, ITAU, BBVA).
• Exemption from the Property Transfer Tax (ITP), equivalent to 2% of the Real Value, for the first buyer.
• Exempt from IVA.

Benefits for investors:

• More attractive returns in areas where the relationship between investment, rental price, and demand is improved.
• Exemption for 10 years from IRPF (12%) or IRAE, as applicable, on income generated by renting out the unit.
• Exemption from the Wealth Tax for 10 years.
• Exempt from IVA.

Costs and taxes:

• Occupancy costs: 4%.
• Optional garages from USD 16,000.

Inmobiliaria Golf, affiliated with the Uruguayan Real Estate Chamber.