New development; practicality and income

Casagrande is a development of 1, 2 and 3-bedroom apartments with hotel service and business premises. It is located at the entrance to the town with all amenities and the beach within walking distance. Working as a condo-hotel, even when the property is not being used by the owner, income is generated so avoiding expenses and at the same time remaining available for personal use when desired. The estimated income is 6% and in the case of use the amount simply gets deducted from the total income. Each apartment comes fully furnished and equipped and whist the title deeds are written out in the name of the owner, the owner authorises its use to Tay Hotels, the hotel management company, which has had extensive experience of these types of developments in Uruguay for ten years. The quality of all the hotel's services and activities are of high standard and there is 24h security and underground covered parking and storage for the use of the owners. A secure, practical and very enjoyable investment from 225,000U$D in the most sought after area on the Punta del Este coast with more than 75% of the development already sold.