4-story Building in Punta Carretas

Montevideo , Uruguay
ID: 5758MV 1750 M2Area Built 405 M2Lot Size
For Sale - New
USD 1,518,750


In the heart of Punta Carretas, at 520 Luis de La Torre Street, a 4-story building in Punta Carretas for housing or offices, with 6 units per floor, 3 facing the street and 3 facing the back. The units at the ends of each floor have a defined bedroom, bathroom, and living room with integrated kitchen. There would be 16 of these units and in the center of them on each level, there would be a single room. The sizes of the terraces and commercial spaces change a little per floor, which can be seen in the photos. Being a building under construction, there is the possibility of annexing two units and configuring a two or even 3 bedroom unit per level.
The trust modality at cost allows the investor to be a direct partner in the construction operation and achieve a more beneficial cost per m2. The administration of the trust is in charge of the consulting firm RSM, which has solid prestige in this field in the market. The project is in charge of Carriquiry Architects with vast experience in similar constructions.
Parking spaces are available in the semi-basement at the entrance hall level. The offer has been configured basically in compact units as this is the most demanded in the area, both for purchase and for rent. Therefore, they constitute an excellent investment opportunity.
The quality of the materials, and the good design incorporated to the building, as well as a careful execution process, value even more the result of your investment. To get units of these characteristics, in this area, with the quality of this building and acquired through trust at cost is a unique opportunity and an excellent real estate business.
The Punta Carretas area is in high demand for residential, commercial, and administrative (offices). The building is surrounded by probably the most important gastronomic pole of Montevideo. It is located in an area where in minutes of walking you can access the Rambla, the Golf Club, Parque Rodó, Punta Carretas Shopping, Villa Biarritz Square, or different commercial and service areas nearby.
Luis de la Torre Street in this area is not very busy, and very wooded, providing tranquility and a beautiful ornamental vegetation that enriches the views, in an environment of great urban quality.

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