Studio Apartment for Sale in Palermo

About this home

Studio Apartment for Sale in Palermo A new development in Palermo, a neighborhood that is constantly growing and combines proximity to downtown with a strong cultural and urban identity. The area stands out for its connectivity, dining options, and amenities, and is an attractive location for both residential living and investment, with high demand for rentals. Winks Magallanes is located at 1164 Magallanes Street, between Canelones and Maldonado, in a strategic spot within the neighborhood. The project features studio, 1-bedroom, and 2-bedroom units, designed with modern aesthetics, functional layouts, and high-quality finishes, intended for both owner-occupancy and rental. Project Features: A multi-story residential building with units of various types, along with 66 parking spaces. The development has been designed with a contemporary approach, incorporating technology and services that enhance the residents’ experience. Amenities: Common area with barbecue Solarium Gym Rooftop Coworking space Bicycle rack Remote concierge Facial recognition and keyless smart lock Security with cameras and app Prices: STUDIO APARTMENT: USD 114,900 Parking spaces starting at USD 22,500 Real estate commission: 3% + VAT (paid upon signing the purchase agreement) Closing costs: 4% Estimated Delivery: September 2026 Affordable Housing Apartments covered by the Affordable Housing Act offer significant benefits to buyers Exemption from the Property Transfer Tax (2% of the cadastral value) VAT exemption Exemption from wealth tax for 10 years Exemption of up to 100% of income tax on rental income for 10 years, depending on the property’s location Investing in a project under construction provides access to units with an excellent price-to-quality ratio and the potential for appreciation as construction progresses. In a market with many options, choosing a project with solid fundamentals and a strong location 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 RBU71483 AP7936334