$215,000
A ONE-OF-A-KIND OPPORTUNITY IN PUNTA BALLENA! Studio Apartments in a Beachfront Complex Project Highlights Prime Beachfront Location: Situated right on the coast of Punta Ballena, this unique complex offers unbeatable ocean views and sunsets. Studio Apartments: All properties for sale are studio apartments. (Note: Although the complex is oceanfront, not all units have a direct ocean view; please inquire about the availability of studio apartments with ocean views.) Parking Spaces and Pools: Parking Space Included: All studio apartments come with a parking space. Private Pool: Some studio apartments feature their own private pool. Floor Plan Flexibility: Option to purchase two adjacent studio apartments and combine them to create a two-room apartment with more living space. Residential Concept: Originally conceived as a condo-hotel, the units are currently being marketed as individual studio apartments, combining the independence of private ownership with the convenience of hotel-quality services. Maximum Legal Security: Purchase through the assignment of rights via a public deed, duly registered with the Uruguayan Property Registry. Short-Term Rental Income Generator Units with high tourist appeal for short-term rental: Average Daily Rate (ADR): USD 120 per night. Estimated Occupancy: 35% to 40% annually (concentrated during peak season and on weekends). Projected Annual Gross Revenue: Between USD 15,000 and USD 17,500 per apartment. Included Amenities and Services Premium Service: Housekeeping and comprehensive hotel-style rental management. Common Areas: Private wine cellar. Party and event hall. Complex Infrastructure: Comprising 3 oceanfront buildings: 2 fully completed and ready for occupancy (currently with 20 fully equipped apartments operating in the tourist market) and 1 in the structural/shell phase, which will significantly increase the property’s value in the future. Legal Notice: The amounts for maintenance fees, taxes, and utilities, as well as the photos, measurements, and details regarding the architecture and operation of this property, are all approximate. They may not be up to date at the time of viewing, as they were provided by the owner at the time of publication. Any interested party should verify the information before proceeding with any transaction. PUBLIC REAL ESTATE BROKER ALEJANDRO MILHAS CMCPSI 4437 REAL ESTATE AGENT LUCIANA BOTTINI CUCICBA 9902
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