Sale 1 Bedroom Apartment in Cordon with garage ideal investment

Engel & Völkers presents this modern 1 bedroom apartment ideal for investment. This is the Ventura Soho project, located in one of the fastest growing and most valued neighborhoods in Montevideo. This building offers an excellent opportunity for those looking for a safe investment, or for those looking for location and accessibility to all services. Unit 1004 has 36.3 m2 of interior space and 2 m2 of terrace. Upon entering it has an integrated kitchen with overhead and under counter cabinets, quartz countertops, exhaust fan and stainless steel Johnson sinks, integrated to a bright and spacious social area. It has a full bathroom and a bedroom with access to the terrace. All the rooms have top of the line vinyl slatted floors and motorized curtains. In addition, the installation for Cable TV is foreseen and there is provision for air conditioners in all rooms. Common expenses between $ 3,500 and $ 4,200 approx. Possible monthly rent $ 28,500 The price includes garage unit n° 70. ● Excellent location and connectivity close to university area. ● 3 large barbecues with different characters ● Outdoor space with barbecue ● Organic vegetable garden for those who love gardening. ● Doorman and access control service ● Games corner ● Coworking space that can be used as a study space ● Digital access to the units with smart doorman, access control with smartphone. ● Internal building communication through screens in common spaces. ● Low common expense costs Excellent quality finishes Excellent level of security ● Optional garages and carports. The building is built under the framework of this Promoted Housing Law (Law no. 18,795), which allows buyers, to exempt certain taxes in the purchase and also when renting the unit, which will maximize the return on investment if the destination is commercial. And in the case that the destination is housing, they will also benefit. Exonerations (housing destination): - Transfer Tax. Equivalent to 2% of the land registry value. Payable together with the purchase and sale of the property. Exonerations (investment destination): - Exemption from Wealth Tax for 10 years. Equivalent to between 0.7% and 2.75%, payable annually (if the buyer exceeds the Non Taxable Minimum). - Rental Income Tax Exemption for 10 years (IRPF/IRAE or IRNR).