1-Bedroom Apartment for Sale with a Terrace - Cordón Sur

About this home

Nouveau Roxlo is a new residential development by Ballestrino Desarrollos located in Cordón Sur, on Carlos Roxlo, a strategic area of Montevideo with excellent transportation links, amenities, universities, dining options, and high investment potential. This one-bedroom apartment features a functional, modern, and well-designed layout. It includes an open-concept living-dining area, a kitchen integrated into the living space, a full bathroom, and a separate bedroom. The unit features a private terrace connected to the living room, providing natural ventilation, plenty of light, and a private outdoor space to enjoy every day. Its floor plan offers a clear flow between the entrance, the living area, the kitchen, the bathroom, and the bedroom, ensuring efficient use of each space. Its compact and practical design makes it an excellent option for both residential living and investment, in a high-demand area with excellent growth potential. The building will feature 69 one-bedroom apartments, 35 parking spaces, a commercial space, amenities, security, and tax benefits under the Promoted Housing Act No. 18,795. The units were conceived with a functional design focused on enjoyment. All feature private terraces, seamlessly integrating the outdoors into daily life. Additionally, they feature kitchens equipped with an oven, electric stove, and range hood; designer base and wall cabinets; DVH windows; pre-installation for air conditioning; electronic locks; porcelain tile in bathrooms and on kitchen walls; and quartz countertops. Project Amenities Nouveau Roxlo offers common areas designed as an extension of the home, ideal for working, relaxing, or socializing in a comfortable and functional setting. Multipurpose lounge with an enclosed barbecue area. Open-air barbecue area. Gym. Relaxation area and sun deck. Sky lounge. Laundry room. Bicycle racks. 2 elevators. Security The building will feature a comprehensive security system, including double entry doors, electronic locks on apartment doors, a concierge desk, and virtual security with 24/7 monitoring 365 days a year, CCTV, video intercom with facial recognition, concierge app, magnetic locks with backup power, access control to amenities, and open-door sensors with remote locking capability. Tax Benefits The project falls under the Promoted Housing Act 18.795, which offers tax benefits such as exemption from the Property Transfer Tax (ITP), exemption from the Wealth Tax for 10 years, exemption from personal income tax (IRPF) or corporate income tax (IRAE) for 10 years in the case of rental, and exemption from VAT on the purchase. Sales Information Cash Payment Schedule: 90% upon signing the purchase agreement. 10% upon delivery. Payment Schedule During Construction: 30% upon signing the purchase agreement. 60% during the construction period. 10% upon delivery. Occupancy and utility connection fees: 4%. Real estate commission: 3% + VAT. Contact Vizcaya Negocios Inmobiliarios for more information, updated availability, and personalized advice. -