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Engel & Völkers Carrasco Montevideo

+59 82600 2503

W-02SCM8 – This is the Engel & Völkers property ID, your agent might ask for it.

Gonzalo Canina

Rialtir S.A

License partner of E&V Chile S.A.

Engel & Völkers ID : W-02SCM8
Ciudad Vieja, Montevideo, Montevideo Department, Uruguay

Small building with excellent profitability

Price
$350,000

Total surface290 m²

Amenities and special features of this apartment

ATTENTION INVESTORS! Very good buying opportunity! Minimum annual net income of 10.0%. Small building with long term rent and very good annual profitability. Emblematic property, located in one of the most revitalized areas of recent times. Located on the corner, which favors its visualization. Distant only 1 block from the Plaza Matriz and Plaza Independencia, just steps from the Sarandi pedestrian street, the main artery of the Old City and a must for tourists. The building currently has a large and comfortable commercial space for gastronomic enterprise, which includes basement, first floor, mezzanine and 1st floor. Basement with bathrooms for both sexes, staff locker room, anteroom and warehouse, with direct entrance for suppliers from the street. Ground floor where the main hall and kitchen area are located, with independent entrance for staff and suppliers. First floor for private events room. Second floor for storage, but easily adaptable for another activity (bar, restaurant, living room, etc.). Exit to roof terrace. Excellent possibility of acquiring a very good and versatile property, in full operation, and with stable tenants and more than 15 years of seniority. Contract in force until March 2029, with an option to extend it up to March 2034 Net Annual Income over 10.0%.
Object type

Flat

Total surface

290 m²

Construction year

1890
Features
Balcony
Basement

Get personal advice

engel & völkers shop image
Engel & Völkers
Carrasco Montevideo

Costa Rica 1510, 11500, UY Montevideo

+59 82600 2503

Engel & Völkers
Engel & Völkers Carrasco Montevideo

Costa Rica 1510, UY Montevideo, 11500

W-02SCM8 – This is the Engel & Völkers property ID.
Gonzalo Canina
Rialtir S.A
License partner of E&V Chile S.A.

Commission details

Availability upon agreement. 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 3% plus V.A.T. of the value, must also be paid by the buyer as stipulated by Uruguayan regulations.


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