U$S 1,200,000

$ ~48,200,000 / U$S 1,422/m2

US$ 1,422/m2 · 74% pricier than the median of Ciudad Vieja

Published 19 months ago
Bathrooms

1

Area

844

Construction Year

1960

Category

Hotel

Views

2356

Commercial property for sale, 278 m², Ciudad Vieja

Hotel for sale in Ciudad Vieja, Montevideo, Uruguay: U$S 1,200,000, 844 m², 1 bathroom. Published on April 1, 2025 by ACSA.

Price per m² in Ciudad Vieja: sale and rent

ACSA sells an iconic building in Ciudad Vieja, opposite the Solís, with rental income.

Features:

  • 844 m² built on a 278 m² plot.
  • Located at the corner of Bartolomé Mitre and Buenos Aires.
  • Frontage on Bacacay, Buenos Aires, and Bartolomé Mitre streets.

Retail units:

  • Unit 1 on Bacacay, currently rented for $15.157. It has a street-facing shop window, a 25 m² sales area, and a bathroom.
  • Unit 2 on Bacacay, currently rented for $41.398. It has 70 m², including 45 m² on the ground floor and a 25 m² mezzanine. It has a bathroom and kitchen.
  • Unit 3 on Buenos Aires, currently vacant, with estimated rent of $100.000. Suitable for food-service use.
  • Unit 4 on Bartolomé Mitre, currently vacant, with estimated rent of $140.000. Access to the upper floor is by stairs. It has 574 m² and 20 rooms in total, 15 authorized for use and five small rooms. Bathrooms are in good condition.

Rental income and taxes:

  • Estimated total rent for the plot: $304.065.
  • Gross yield of 6%.
  • Property tax: $82.700 per installment.
  • Primary education tax: $15.000 per installment.

Real estate commission of 3% plus VAT. Ref-Acsa: #30132

Property details

ID

Category

Type

Area

Built Area

Terrain

1062695

Hotel

Sale

844

844

278

Rooms

Bathrooms

Construction Year

Code

Updated

1

1

1960

A0C8C5

2025-04-01

Payment calculator

Monthly payment
US$ 6.978/mo
Loan
US$ 900.000
Interest
US$ 774.646
Total of payments
US$ 1.674.646
Down payment
US$ 300.000

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

Location

1.2м U$S

Location

Montevideo

Address

Ciudad Vieja

What's nearby

Public transport
270 m · 3 min walk · 9 within 1 km
Supermarket
Planeta
400 m · 5 min walk · 7 within 1 km
School
Escuela 239
240 m · 3 min walk · 17 within 1 km
Pharmacy
San Roque
110 m · 1 min walk · 25 within 1 km
Park
Plaza Matriz
110 m · 1 min walk · 16 within 1 km
Show 6 more
University
Universidad de la Empresa
590 m · 7 min walk
Hospital or clinic
Sanidad Naval Centro Asistencial Familiar Montevideo
770 m · 10 min walk · 5 within 1 km
Beach
440 m · 6 min walk
Bank or ATM
RedBROU
70 m · 1 min walk · 38 within 1 km
Restaurant or café
Palacio del Café
30 m · 1 min walk · 110 within 1 km
Gym
Wellnes Gym
690 m · 9 min walk · 3 within 1 km

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

Additional Actions

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