Apartment for Sale in Maldonado: 1 Bedroom, Downtown Maldonado; Option to Buy with Lease

TENERIFE II | 1 BEDROOM | DOWNTOWN MALDONADO BUY WITH CASH AND RECEIVE A MONTHLY INCOME DURING CONSTRUCTION Special cash purchase promotion! Invest in your apartment today and start receiving a monthly income before it’s even finished. Discover this 1-bedroom apartment with a spacious private terrace, a private parking space included, and fully equipped, located right in the heart of Maldonado. The images are from previous projects completed by the construction company and are presented for illustrative purposes only. The building is already under construction, with delivery scheduled for October 2027. EXCLUSIVE PROMOTION FOR CASH PURCHASES By paying 100% of the price upon signing the purchase agreement, you’ll receive two special benefits: 1. RECEIVE A MONTHLY INCOME DURING CONSTRUCTION The construction company pays you a promotional monthly income starting the month after you sign the purchase agreement and continuing until the building is actually delivered. The purchase agreement is signed approximately 30 to 45 days after the reservation deposit is made. What does this benefit mean? You start receiving money while your apartment is being built. You don’t need to rent out the property or look for tenants. The monthly income is paid directly by the construction company. The benefit continues until the building is actually handed over. This benefit allows you to start earning income during construction, without having to manage a rental. 2. EXEMPTION FROM OCCUPANCY FEES With a cash purchase, you also receive an exemption from the occupancy fees associated with the development. This way, in addition to the monthly income during construction, you avoid this expense when you receive your apartment. IMPORTANT: Both benefits apply exclusively to payment of 100% of the price upon signing the purchase agreement, subject to the commercial terms of the development. UNIT FEATURES  1 bedroom. 1 full bathroom. Living-dining room with open kitchen. Spacious 16 m² private terrace. Individual Type B (8) garage included. Fully equipped apartment. Double-glazed, airtight windows (DVH). A functional layout, ideal for both permanent residence and investment, with the added appeal of a 16 m² private terrace, which expands the possibilities for using and enjoying the apartment. FULLY FURNISHED APARTMENT INCLUDED The unit is delivered fully furnished to facilitate immediate occupancy or subsequent rental. CLIMATE CONTROL AND COMFORT Air conditioning in the bedroom and living-dining room. Double-glazed, airtight windows (DVH). Blackout curtains in the bedroom. Screen curtains in the living-dining room. FULLY EQUIPPED KITCHEN Kitchen with electric oven. Range hood. Refrigerator. Microwave oven. Base and wall cabinets. BATHROOM, LAUNDRY ROOM, AND OTHER AMENITIES Washing machine. Water heater. Bathroom vanity. Bathroom exhaust fan. Closet in the bedroom. Full lighting in all rooms. BUILDING AMENITIES Tenerife II will feature: Elevator. Two communal barbecue areas on the rooftop. Video surveillance cameras. Individual garage space for each apartment. Common areas and building services. ESTIMATED FUTURE COMMON EXPENSES: $5,000 PER MONTH. Includes: Water. Wi-Fi internet. Video surveillance. Maintenance of common areas. Estimated future common expenses are not deducted from the promotional payment made by the developer during construction. EXPECTED DELIVERY: OCTOBER 2027 I purchased a fully equipped 1-bedroom apartment in the heart of Maldonado, complete with a private parking space and a spacious 16 m² private terrace. With the cash purchase promotion, you receive a monthly income during construction and are exempt from occupancy fees. An excellent opportunity for both owner-occupancy and real estate investment. OTHER PURCHASE AND FINANCING OPTIONS In addition to the special cash purchase promotion, there are other alternatives for purchasing the unit. 1. TRADITIONAL PAYMENT PLAN DURING CONSTRUCTION Pay 30% upon signing the purchase agreement and finance the balance in installments during construction, according to the agreed-upon payment plan. 2. BANK FINANCING Mortgage financing available for up to 25 years, with monthly payments starting at approximately $25,000. Subject to credit approval and the bank’s terms and conditions. The payment amount is for informational purposes only. 3. PRIVATE FINANCING Financing is available with a 60% down payment and a loan for the remaining balance at an annual interest rate of 8%. Subject to availability and approval. IMPORTANT: The promotion offering a monthly income during construction and the waiver of occupancy fees do not apply to these alternative financing options. Learn about the special purchase terms, the promotional monthly payment you can receive during construction, and all the details of the property. Contact us for more information, to learn about the terms and conditions, and to schedule a visit. Exclusive promotion for cash purchases, paying 100% of the price upon signing the purchase agreement. Subject to the agreed-upon terms. The promotional monthly payment is paid starting the month following the signing of the agreement until the actual delivery of the building. Delivery scheduled for October 2027. Estimated future common area fees, subject to change. Financing subject to availability, terms and conditions, and approval. Images of previously completed projects, used for illustrative purposes only. -

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