Studio Apartment for Sale, Malvin AP5080782

About this home

Residential project located in the Malvín neighborhood, an area of the city known for its exceptional amenities and urban quality. Its location at the corner of Italia Avenue and Candelaria Street provides access to the best public transportation, urban amenities, and private services in the country.  The towers, organized under a horizontal property regime, are built over 6 stories. The project will feature studio apartments as well as 1-, 2-, and 3-bedroom units.  Strategically located in an area undergoing urban transformation, with significant construction, services, and commercial development in the eastern part of Montevideo, just twenty minutes from downtown.  The project features an innovative “lock-off” system in the 3-bedroom units. This layout allows owners of the 3-bedroom apartments to convert them into two separate units—one 2-bedroom and the other a studio—enabling the owner to use the space they need and rent out the other unit to generate additional income. Amenities: -Double-height lobby with contemporary furnishings -Provision for a concierge desk -CCTV security -Magnetic card access control -Units with digital locks -Gym -Outdoor fitness equipment -Children’s play area -Outdoor pergola-covered barbecue areas -2 fully equipped common areas with barbecues and built-in kitchens -Co-working space -Pet Garden -Zen Garden Building ready for occupancy in April 2025 Occupancy and connections: 4% Submit an inquiry or schedule a property tour—we’re here to help you make the best decision.  Follow us on social media and be the first to learn about new launches and exclusive promotions!! The project is being developed under Law 18.795 (Law on the Promotion of Social Housing) and therefore offers:  - Exemption from the ITP  - Exemption from IRAE/IRPF on rental income for 10 years  - Exemption from property tax (IP) for 10 years  The information contained in this document has been provided by the property owner.  Alvicor Propiedades is not responsible for any changes, discrepancies, or modifications to this document.  Real estate commissions for purchase or sale: 3% + VAT, payable upon signing the preliminary agreement.  Real estate commission for rentals: 1 month’s rent + VAT, payable upon signing the lease.  Commission payments are made upon signing the purchase agreement or contract of sale. ALVICOR PROPIEDADES Member of the Uruguayan Real Estate Agents Association (ADIU)  National Registry of Real Estate Operators No. 1289 ABU50197 AP6178958

Amenities

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