$145,300
A new development in Cordón, the area with the highest demand for real estate in Montevideo, which has undergone sustained urban renewal in recent years, positioning it as one of the most sought-after locations for both living and investing. CITY HOMES consists of 158 units: 20 studio apartments, 100 one-bedroom apartments, and 38 two-bedroom apartments, all with terraces, designed with efficient layouts and high-quality finishes, located in an iconic spot in Cordón, on Fernández Crespo between Uruguay and Mercedes—a strategic location due to its proximity to institutions, schools, businesses, and services. Project Features: A building with 158 apartments spread across 11 floors, with 16 units per floor from the 1st to the 9th floor and 14 units on the 10th floor, topped by a final floor dedicated to amenities. It also features 86 parking spaces with a security booth and a large 350 m² commercial space on the ground floor, ideal for a convenience store. Amenities: Fully equipped gym 2 barbecue areas with a terrace Laundromat with app Laundry room Parking lot with security booth 350 m² commercial space Security cameras Purchase Terms: Real estate agent’s commission: 3% + VAT (paid upon signing the purchase agreement) Closing costs: 4% Estimated Delivery: November 2028 Subsidized Housing Apartments covered by the Subsidized Housing Law offer significant benefits to buyers Exemption from Property Transfer Tax (2% of the cadastral value) VAT exemption 10-year exemption from wealth tax Up to 100% exemption from personal income tax on rental income for 10 years, depending on the property’s location Investing during the launch phase gives you access to special prices and exclusive terms, which will not be available once construction begins. In a market with many options, identifying an opportunity with a solid foundation is key to maximizing your return. Take advantage of this opportunity! We look forward to hearing from you—we want to help you take the next step toward fulfilling your dream. RAZA PROPIEDADES We Are the Future of Real Estate RBU94542 AP8484149
Indoor & Comfort
Outdoor & Recreation
Building Services
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
