1-Bedroom Apartment for Sale, Downtown AP7446155 - 803

About this home

1-Bedroom Apartment for Sale with a Spacious Terrace It features high-quality finishes, combining comfort and functionality in every space. Traditional reinforced concrete construction, with large windows that ensure excellent natural light. An ideal option for both living and investing, with low common area fees and an excellent balance of design, quality, and efficiency. ------------------------------------------- The Building: This contemporary-style development consists of 10 floors, with a total of 28 one-bedroom apartments, 1 studio apartment, and 1 commercial space. The building combines modern style, functionality, and high-quality construction, highlighting its traditional reinforced concrete structure and its careful integration into the urban environment. Amenities: Barbecue area | Coworking space | Laundromat | Sun deck | Bicycle storage | CCTV cameras. ------------------------------------------- The Area: Located across from Montevideo City Hall, in the heart of the city, the project is situated in one of the capital’s most well-rounded and dynamic downtown areas. The neighborhood combines cultural, university, and commercial life with a wide range of dining options, plazas, monuments, and green spaces. It boasts excellent connectivity, multiple public transportation lines, and proximity to Tres Cruces, the country’s main bus terminal. Furthermore, it serves as a financial and service hub, home to banks, public institutions, and businesses, making this location a strategic opportunity for both living and investing. ------------------------------------------- Additional Information: Expenses to be paid by the buyer: 1) Occupancy fees: 4% 2) Real estate agent’s fees for purchase or sale: 3% + VAT, payable upon signing the purchase agreement. Payment Methods: 1) Construction payment plan: 30% upon signing the purchase agreement – 60% during construction – 10% upon delivery 2) Cash: 80% upon signing the purchase agreement – 20% upon delivery 3) Bank financing accepted ------------------------------------------- Tax Exemptions: The project is carried out under Law 18,795 (Law on the Promotion of Social Housing) and therefore qualifies for: - Exemption from the Property Transfer Tax (ITP) - Exemption from IRAE/IRPF on rental income for 10 years - Property tax (IP) exemption for 10 years The information contained in this document has been provided by the property owner. ------------------------------------------- Write to us and schedule your visit! Follow us on social media at @alvicorpropiedades and be the first to learn about new listings and exclusive promotions! ALVICOR PROPIEDADES Member of the Uruguayan Real Estate Association (ADIU) National Registry of Real Estate Operators No. 1289 Alvicor Propiedades is not responsible for any changes, discrepancies, or modifications to this document. ABU67321 AP7446155