GALA POINT
La Blanqueada, Montevideo, Uruguay
Vivienda Promovida
The project
Completed building in La Blanqueada, ready for immediate occupancy.
Location
La Blanqueada, Montevideo, Uruguay
Coordinates: -34.8877002, -56.1545179
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.
Payment terms
- Reservation deposit
- 50%
- In instalments during construction
- 50%
- Instalments
- 24 instalments
Photos
Similar developments to consider
- Garden — Another option in La Blanqueada
- Nostrum Home — Another option in La Blanqueada
- 01 Vista — Another option in La Blanqueada
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.