Ideal for rental income. It is covered by the Promoted Housing Law No. 18.795 and therefore qualifies for all the tax benefits it grants:
- Exemption from ITP (purchase tax) on the first transaction.
- Exemption from income tax on rental income for 10 years (IRPF/IRAE).
- Exemption from Wealth Tax for 10 years.
Location:
Its central location in an area full of history, culture, and vitality, combined with its commercial, financial, educational, dining, and entertainment offerings, makes it an attractive destination for locals and visitors wishing to experience authentic urban life in Montevideo.
Terms:
- Occupancy date: early 2025.
- Connection fees: 5%.
- Real estate commission: 3% + IVA.
Ask about other available units and layouts: studios, 1- and 2-bedroom apartments.
