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New development; practicality and income

$219,000
  • 1 Bedroom
  • 1 Bathroom
  • 46 m² Total surface
  • 15 m² Terrace surface

Description

Studio measuring 31m with 15m of terrace. Comprising kitchen, dining room, living room, full bathroom and terrace. Casagrande is a development of apartments with hotel services and commercial premises. It is located at the entrance of the town with all kinds of amenities and the beach within a short walking distance. As it works like a condo-hotel, it generates income even when you are not using it and so avoids expenses as well as being available for use whenever you want. The estimated income is 6% and in the case of use, payment is deducted from the total income. Each apartment comes fully furnished and equipped, the deeds are in the name of the owner, who in turn assigns the usufruct to the operator Tay Hotels, a hotel management company with extensive experience in this type of project in Uruguay for 10 years. The quality of all the services and activities provided by the hotel should be highlighted, as well as the 24h security and the covered underground car park plus storage rooms for the owners' use. A safe, practical and very enjoyable investment in the most sought-after spot on the Punta del Este coast with more than 75% of the development already sold.

Features
Sea/Lake viewSecurity systemSwimming poolTerraceGymSauna
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Engel & Völkers Punta del Este

Your advisor: Felipe Silva

Property ID: W-02NMW4

Property details

Object type

Flat

Bedrooms

1

Bathrooms

1

Number of Floors

1

Parking spaces

1

Total surface

46 m²

Terrace surface

15 m²

Construction year

2021

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Engel & Völkers Punta del Este

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Provider:

EV Punta del Este S.A.

License partner of E&V Chile S.A.

Commission details

This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Taxes, notary and register fees must be paid by purchaser, the commission to E&V is 4% V.A.T. included of the value, must also be paid by the buyer as stipulated by Uruguayan regulations.

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