Cordón, Paysandú 1600

U$S 280,000

$ ~11,300,000 / U$S 1,657/m2

US$ 1,657/m2 · 33% pricier than the median of Cordón

Published 4 days ago
Bedrooms

5

Bathrooms

2

Area

169

Construction Year

1918

Category

Home

Views

18

Casona for sale in Cordón for investors, with 17% yield

An opportunity for investors: a property ready to operate with a 17% annual return. This solid, classically styled property has been fully renovated and optimized for coliving, student housing, or a high-occupancy hostel.

It is designed to maximize the return per square meter and provide a steady, immediate cash flow.

Asset potential and layout:

  • Various individual and double rooms, as well as a suite with a private bathroom, equipped with furniture, wardrobes, bedside tables, and individual refrigerators or minibars.

Common areas:

  • Covered interior patio with a skylight, serving as a central dining room and social or TV area while making the most of natural light.
  • Integrated kitchen with a counter and lockers for individual guest or tenant storage.
  • Reception area or lounge with access control and a waiting space.
  • Mezzanine that makes use of the high ceilings to expand the property's usable area.

Commercial and maintenance advantages:

  • Recent renovation including durable vinyl floating and ceramic floors, restored windows and doors, and modern installations.
  • Fully equipped and decorated property with a modern style, ready to continue or begin operations without prior investment in construction.

Ideal for investors seeking a secure, diversified real estate asset with a return significantly higher than traditional rentals.

Real estate commission: 3% + VAT.

Each office is independently owned, managed, and developed. This listing describes the property's essential features. Consult the person responsible for the transaction regarding possible updates to measurements, architectural and functional descriptions, services, taxes, prices, and other information; values are approximate.

Property details

ID

Category

Type

Area

Built Area

Terrain

1665140

Home

Sale

169

169

1692

Rooms

Bathrooms

Bedrooms

Construction Year

Code

Updated

6

2

5

1918

U57C8A

2026-10-17

Payment calculator

Loan: US$ 210.000
Monthly payment
US$ 1.628

Approximate: fixed rate, no insurance or fees. Check the terms with your bank.

Location

280к U$S

Location

Montevideo

Address

Cordón, Paysandú 1600

What's nearby

Public transport
Suburbanos
60 m · 1 min walk · 11 within 1 km
Supermarket
Comag
300 m · 4 min walk · 28 within 1 km
School
Liceo 32 Guayabo
120 m · 1 min walk · 36 within 1 km
Pharmacy
Homeopatía Alemana
220 m · 3 min walk · 32 within 1 km
Park
Plaza de los Treinta Y Tres
260 m · 3 min walk · 20 within 1 km
Show 6 more
University
Facultad de Humanidades y Ciencias de la Educación
30 m · 1 min walk · 15 within 1 km
Hospital or clinic
Consultorios Constituyente
620 m · 8 min walk · 16 within 1 km
Beach
Playa Ramírez
1.8 km · 23 min walk
Bank or ATM
República
380 m · 5 min walk · 34 within 1 km
Restaurant or café
Don Basilio
50 m · 1 min walk · 52 within 1 km
Gym
Aerobic
600 m · 7 min walk · 7 within 1 km

Straight-line distance, walking time at 4.8 km/h. Map data © OpenStreetMap contributors

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