$134,500
Santiago, Chile | Across from City Hall Investment Opportunity An excellent opportunity for those looking to invest in a property with high rental demand, tax benefits, and potential for appreciation in a strategic location in Montevideo. Located on Santiago de Chile Street, between 18 de Julio Avenue and San José Street, across from the Montevideo City Hall. A well-established, hyper-connected neighborhood surrounded by green spaces, plazas, amenities, educational institutions, public transportation, and a wide range of commercial and cultural offerings. KIU Tower Santiago is a state-of-the-art, 10-story building featuring: 28 one-bedroom apartments 1 commercial space 10 parking spaces The project is designed to maximize functionality, comfort, and ease of rental. Apartments with spacious rooms, excellent layout, and abundant natural light. West-facing units (afternoon sun) and morning sun in the rear-facing units, ensuring natural light throughout the day. Key Features: Modern and functional design Low maintenance costs High-demand urban location Excellent profile for long-term rental Amenities: Barbecue area Laundry room Sun deck Bicycle storage Comprehensive security with CCTV and intercom system Investment potential and tax benefits Project developed under Law 18.795 – Subsidized Housing, ideal for investors seeking returns with significant tax advantages: Exemption from Property Transfer Tax (ITP) Exemption from IRAE/IRPF on rental income for 10 years Exemption from Wealth Tax for 10 years Prices and terms: Garages: USD 20,500 Estimated delivery: December 2026 Occupancy expenses: 4% Real estate fees: 3% + VAT A solid opportunity to invest in a strategic location, with tax benefits and excellent rental projections. Contact us for more information and to evaluate this proposal with our team. RAZA PROPIEDADES – La Evolución Inmobiliaria RBU69083 AP8010766
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