Fabulous heritage building in Montevideo

Montevideo , Uruguay
ID: 5879MV 4450 M2Area Built
Property Type: , ,
For Sale - New
USD 7,650,000


Fabulous heritage building in Montevideo, located in the heart of the old town of Montevideo, in one of the most iconic squares – Plaza Zabala. The Waterworks Building is the result of the fusion of 2 beautiful historic buildings: the Montevideo Waterworks Company Building (1903) and the Shaw-Saenz de Zumarán Mansion (1923), plus a third annex built in 1994. The Waterworks Building combines the past, the present and the future, breathing new life into these elegant historic buildings through a total restoration and functionalization project carried out under the strict supervision of the National Commission for Historical, Artistic and Cultural Heritage, which has given the property the flexibility to adapt to the latest work dynamics. Its almost 4500 m2, with Genevan parquet floors, refined staircases and beautiful plaster moldings on the walls and ceilings, are designed to accommodate the operations of top multinational companies, international agencies or banking institutions. The asking price is extremely good for a restored heritage building in the best location at US$1,720 per m2!

Old Town – Plaza Zabala Montevideo, the capital of Uruguay, is one of the cities with the highest quality of life in Latin America. It is a cosmopolitan city, home to almost 2 million people and the heart of the country’s political, economic and cultural activity. The Old Town is Montevideo’s oldest neighborhood, the financial district par excellence and the area with the highest concentration of government and corporate offices in Montevideo. It attracts visitors for its rich historical and cultural heritage, its variety of museums, its great monuments and its iconic buildings, such as the Palacio Salvo or the neoclassical Metropolitan Cathedral, which dominates the picturesque Plaza Matriz, the beautiful Plaza Zabala, the Banco de la República and the Solís Theatre with its varied performing arts program. The Port of Montevideo, Uruguay’s main commercial port and regional hub for Mercosur cargo transit, is located in this neighborhood, which also receives a significant flow of travelers from Buenos Aires and international cruise ships. In recent years, the “Old Town” has become a major center of the city’s day and nightlife, offering a mix of trendy restaurants, cocktail bars and old-fashioned cafés. The “Mercado del Puerto” is a traditional barbecue restaurant that attracts tourists and locals to enjoy “asado”, the traditional Uruguayan meal.

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