Promoted Housing Law:
Built under the Promoted Housing Law (VIS Law), which provides savings for investors: no ITP is paid on purchase, no wealth tax is paid for 10 years, and no income tax (IRPF) is paid on rental income for 10 years, among other benefits.
Prices:
- 1-bedroom apartment from U$S 135.000 on level 5. Other options are available on different levels, with varying built and terrace areas.
- 2-bedroom options are also available from U$S 164.000 and up.
Payment terms:
10% with the reservation agreement; the balance upon signing the purchase and sale agreement, payable in cash or with a bank loan.
Fees and taxes:
- Occupancy costs: 4,5%.
- Real estate commission: 3% plus IVA.
Building:
The residences sit above a base formed by a heritage building of great architectural value, which houses an impressive 7-meter-high entrance lobby and gives the building its distinctive character. It was designed and equipped with contemporary spatial aesthetics.
Two commercial premises are located beside the lobby, adding to the area's wide range of shops.
The vehicle entrance to the 56 parking spaces is next to the lobby; the spaces are distributed between the ground floor and a half-basement. A movable mechanical ramp distributes vehicles between both parking areas. A space specially designed for bicycle parking is located next to the parking spaces. Parking spaces are sold separately from the units; inquire about availability and prices.
Apartments:
The building comprises 108 apartments with terraces or balconies—studios, 1-bedroom and 2-bedroom units—located from the first floor above the base up to the 10th floor.
Amenities:
- The ground floor has a large outdoor landscaped patio, a gym and a recreation area.
- The basement has a designated space for a laundry room.
- On the 11th floor, with a preferred view toward 18 de Julio Avenue and the Intendencia, there are two multipurpose rooms that can be used separately or together; two outdoor parrilleros; a spacious solarium with greenery; and a large coworking space.
- The same floor also has a drying area and two shared bathrooms.
- All amenity areas feature designer furnishings and fine finishes suited to their intended uses.
Inquire about this project, which is already being handed over, and arrange a visit to learn more about it.
Each office is independently owned, managed and developed. This listing describes the essential features of the property. Please consult the person responsible for the transaction regarding possible updates to measurements, architectural and functional descriptions, services, taxes, prices and other information, whose values are approximate.
