01 DEL CENTRO
Canelones 1222, entre Zelmar Michelini y Carlos Quijano, Centro, Montevideo, Uruguay
Completed · Vivienda Promovida
The project
01 Del Centro is a Vitrium Capital building at Canelones 1222, between Zelmar Michelini and Carlos Quijano, in downtown Montevideo (Centro).
01 Del Centro is a Vitrium Capital building at Canelones 1222, between Zelmar Michelini and Carlos Quijano, in downtown Montevideo (Centro). It was built by Ebital between August 2020 and August 2022, and the building is finished.
It consists of two 11-story towers joined by a bridge, with 81 apartments ranging from one to three bedrooms. Units have terraces and large windows, the building has sea views, and there are 43 parking spaces between garages and open bays.
The amenities sit on the rooftop: a sun deck, barbecue grills and a coworking space. There is also a laundry room and bike storage.
- Units
- 81
Amenities
UP HIGH
- Solarium
SPORTS
- Bicycle storage
GATHERING
- Barbecue areas
SERVICES
- Laundry
- Coworking
Location
Canelones 1222, entre Zelmar Michelini y Carlos Quijano, Centro, Montevideo, Uruguay
Coordinates: -34.9060667, -56.1896562
| Place | Category | Distance |
|---|---|---|
| Bar Facal | Food and drink | under 50 m · 1 min |
| San Roque | Pharmacy | 60 m · 1 min |
| El Dorado | Supermarket | 90 m · 1 min |
| República — Centro | Bank | 100 m · 1 min |
| Ta-Ta | Supermarket | 110 m · 2 min |
| Santander — 18 de Julio | Bank | 200 m · 3 min |
| Facultad de Ingeniería | Education | 280 m · 4 min |
| Facultad de Comunicación y Diseño | Education | 400 m · 5 min |
| Plazoleta Lorenzo Justiniano Pérez | Green space | 440 m · 6 min |
| Club Juventus | Sports | 490 m · 7 min |
| Círculo Católico | Healthcare | 1,030 m · 14 min |
| Terminal Baltasar Brum | Transport | 1,380 m · 19 min |
Walking distances, measured over the street network.
Vivienda Promovida
No transfer tax on the first purchase
The first sale of a home under the regime is exempt from the property transfer tax (ITP) for the buyer, provided it happens within the deadlines set by the law.
Rental income exempt from income tax
Income from renting the home is exempt from personal income tax (IRPF, or corporate IRAE depending on the taxpayer) for ten years.
Net wealth tax exemption
The property is exempt from the net wealth tax for the term set by the regime.
The benefits come from Uruguay’s Law 18,795 and its regulations, and conditions apply: they depend on the project, on how long ago construction was completed and on each buyer’s situation. Confirm them with your notary before signing.
FAQ
Where is 01 DEL CENTRO located?
01 DEL CENTRO is located at Canelones 1222, entre Zelmar Michelini y Carlos Quijano, Centro, Montevideo, Uruguay.
Does 01 DEL CENTRO qualify for Vivienda Promovida tax benefits?
Yes. 01 DEL CENTRO is under Uruguay's Vivienda Promovida regime (Law 18,795): the first purchase is exempt from the property transfer tax (ITP) and rental income is exempt from personal income tax (IRPF). The regime's conditions apply.
When is 01 DEL CENTRO delivered?
01 DEL CENTRO is listed with a delivery date of August 2022.
What amenities does 01 DEL CENTRO have?
01 DEL CENTRO lists the following services and amenities: laundry, bicycle storage, barbecue areas, solarium and coworking.
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Similar developments to consider
- Nostrum Bay — Another option in Centro
- Nostrum Central — Another option in Centro
- MET City — Another option in Centro
Prices, areas and availability are indicative and subject to change without notice. Images and floor plans are illustrative and may differ from the finished building. This information is not an offer, a sale commitment, or financial or tax advice.