1-Bedroom Apartment for Sale in Cordón

About this home

Rimet 1930, Investment Opportunity in the Heart of Cordón We present a standout project on Coronel Brandzen Street, just a short walk from 18 de Julio Avenue and Arenal Grande, across from key institutions such as the BHU, BPS, and DGI, and close to Udelar and the National Library. Located in the vibrant Cordón neighborhood, this development offers a unique combination of residential tranquility and proximity to vital commercial and cultural hubs. The project’s strategic location ensures excellent connectivity, with easy access to public transportation, restaurants, cafes, and a variety of entertainment options. This makes it an attractive option for both residents and investors seeking to maximize their return on investment. The planned building will have 13 floors and offer 3 apartments per floor, with 1- and 2-bedroom options. Currently in the pre-launch phase, construction is expected to begin in the first quarter of 2025. Under the direction of renowned architect Tanco Herrea, the project will offer modern units with high-quality finishes, designed to optimize space and functionality, creating welcoming and practical living environments. Key Features: Private balcony Elevator Maid’s quarters Suitable for professionals Pet-friendly Wheelchair ramp Co-working space Rooftop amenities: enclosed barbecue area, outdoor barbecue area, terrace, and laundry area. Price: 1 Bedroom: USD 128,000 Garages: starting at USD 20,000 Expected Delivery: March 2027 Occupancy fees: 5%. Real estate brokerage fees: 3% + VAT. Tax Benefits: The project is being developed under Law 18,795 on Subsidized Housing, which entails: Exemption from Property Transfer Tax (ITP) Exemption from IRAE/IRPF on rental income for 10 years Property tax (IP) exemption for 10 years Don’t miss out on this unique opportunity! We look forward to hearing from you and guiding you on the path to making your dream a reality. RAZA PROPIEDADES Your best partner in real estate development. RBU69075 AP7721885