Location and building:
SITE PROPIOS is located a few meters from Avenida Italia, in a constantly growing urban area with excellent connections and transport. A residential area with many services and infrastructure, health and educational centers, and green recreational areas.
The building is planned with 13 floors and 32 units: 21 one-bedroom units and 11 two-bedroom units. 16 parking spaces distributed between the Ground Floor and Basement.
Expenses and taxes:
- Parking spaces from USD 15.000
- Occupancy expenses 4%
- Real estate commission 3% + IVA
Payment terms:
- 35% upon signing the commitment
- 55% in installments according to the construction schedule
- 10% upon occupancy
Tax benefits:
This project is included in the tax benefits law for promoted housing under Law 18.795.
- Exempt from IVA on the purchase price
- IRPF/IRAE exemption for 10 years
- Wealth Tax exemption for 10 years
- ITP exemption applicable to the 1st purchase
INMOBILIARIA GOLF. Members of the Uruguayan Real Estate Chamber.
