U$S 350,000

$ ~14,100,000 / U$S 583/m2

US$ 583/m2 · 47% cheaper than the median of Ciudad Vieja

Published 3 months ago
Bathrooms

1

Area

600

Construction Year

1945

Category

Hotel

Views

569

Period-style building for redevelopment in Ciudad Vieja, Plaza Zabala

Period building for sale steps from Plaza Zabala in Ciudad Vieja, Montevideo. A property with scale, character and potential for different business models.

The asset:

  • 145 m² plot with 488 m² built over 5 levels.
  • 117 m² ground floor, historically used as a hall or social club, plus four upper levels.
  • Period building with woodwork, stained glass and stylistic details.
  • To be renovated.

Possible business models:

  • Development and sale as individual units.
  • Traditional, temporary or tourist rentals.
  • Hybrid product: coliving or short stays.
  • Mixed use: commercial ground floor and residential upper levels.
  • Partnership with a developer or resale of the repositioned project.
  • Real capacity to attract international demand.

Heritage value:

Located within the Ciudad Vieja Heritage Area, governed by the Special Plan for Organization, Protection and Improvement. Heritage protection grade: grade 1. Its period character is a commercial advantage and a barrier to entry compared with new products in the area.

Why now and why here:

Ciudad Vieja is undergoing a sustained urban redevelopment process, driven by tax incentives, public-private investment, and growing housing and tourism demand. Investing today makes it possible to benefit from the appreciation curve before it consolidates.

Details:

  • Solís 1464, Ciudad Vieja, Montevideo. Padrón 33297.
  • Plot: 145 m². Built area: 488 m². 5 levels. Year: 1945.
  • Condition: to be renovated. Price and detailed information available upon request.
  • Payment plans and private financing may be structured according to the buyer's profile.

At MARO HAUS & ASOCIADOS, we build value strategies. We provide real market analysis, opportunity structuring and support throughout the process, backed by a network of investors and developers for tailored transactions.

Contact us for more information or to arrange a visit.

Real estate brokerage fees in line with the national market: 3% + IVA on the closing price. We cooperate with all colleagues.

Property details

ID

Category

Type

Area

Built Area

1677943

Hotel

Sale

600

488

Rooms

Bathrooms

Construction Year

Code

Updated

1

1

1945

EA4299

2026-10-18

Payment calculator

Loan: US$ 262.500
Monthly payment
US$ 2.035

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

Location

350к U$S

Location

Montevideo

Address

Ciudad Vieja

What's nearby

Public transport
120 m · 1 min walk · 6 within 1 km
Supermarket
Cooperativa Bancaria
240 m · 3 min walk
School
Escuela 218 María Clara Zabala
240 m · 3 min walk · 6 within 1 km
Pharmacy
Tapie
50 m · 1 min walk · 9 within 1 km
Park
Plaza Zabala
110 m · 1 min walk · 13 within 1 km
Show 6 more
University
Universidad de la Empresa
1.3 km · 16 min walk
Hospital or clinic
Sanidad Naval Centro Asistencial Familiar Montevideo
60 m · 1 min walk · 5 within 1 km
Beach
930 m · 12 min walk
Bank or ATM
República
170 m · 2 min walk · 28 within 1 km
Restaurant or café
Pizzería y Bar Sarandí
70 m · 1 min walk · 75 within 1 km
Gym
Momentum Fitness Club
100 m · 1 min walk · 3 within 1 km

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

Amenities

Elevator

Additional Actions

Street View
Maro Haus & Asociados
094...777 +59...657 +59...683
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