Location:
In a rapidly developing area of Centro, just three blocks from Av. 18 de Julio. Close to theaters, universities, museums, and auditoriums.
Heritage-listed building:
Covered by the Promoted Housing Law (Law 18. 795 on Social Interest Housing), with tax benefits. Exemption from the Property Transfer Tax (ITP 2% of the cadastral value) on the first sale and exemption from the Wealth Tax during the first 10 years.
As a Grade 3 Heritage Protection building and in the process of being declared a Property of Departmental Interest by the Municipality of Montevideo, once construction is complete, a partial or total exemption from the Property Tax will be requested in accordance with municipal regulations. A great opportunity to acquire a future home, studio, or consulting office.
Expenses and taxes:
- Estimated common expenses: $3500 (studio)
- Connection costs: 4%
- Real estate commission: 3% + IVA
Shared with all colleagues.
Each office is independently owned, managed, and developed.
This listing describes the property's essential features. Please consult the transaction representative regarding possible updates to measurements, architectural and functional descriptions, services, taxes, prices, and other information, which is approximate.
