For sale: 2-bedroom apartment in Barrio Sur, Andes and Canelones

Sale prices with rental income:

• 201-202: 169.500 (rented for $ 26.000)
• 302: 172.000 (rented for $ 26.000)
• 401: 174.000 (rented for $ 25.000)
• 402: 174.000 (rented for $ 24.000)
• 502: 175.500 (rented for $ 28.000)
• 602: 179.500 (rented for $ 27.000)
• 701: 182.000 (rented for $ 24.000)
• 702: 182.000 (rented for $ 25.500)
• 901: 185.000 (rented for $ 25.500)
• 902: 185.000
• All units: optional garage U$S 21.000 + 4 % connection fees

Benefits under Law 18795:

The building is covered by Law 18795 of the National Housing Agency, with the following benefits for buyers:

• Exemption from VAT on the purchase price
• Exemption from ITP (2% of the cadastral value)
• Exemption from wealth tax for 10 years
• Exemption from income tax (IRPF or IRAE) for 10 years

Areas:

• 201 to 901: 66,18m private area + 1,35m terrace + 5,67m common areas = total 73,2m
• 202 to 902: 68,72m private area + 1,35m terrace + 5,88m common areas = total 75,95m

Payment methods:

• Cash: 30 % purchase agreement / 70 % upon delivery
• Bank financing: maximum value 80% for up to 25 years after occupancy

Ask about other available units.

AP 4008