Hub

Colonia 2023 esq. M.C. Martínez, Cordón, Montevideo, Uruguay

Under construction · Vivienda Promovida · Delivery Sep 2027 · 21 units available

Hub — Cordón

Key figures

From
USD 112,000 (Lowest-priced of 21 available units with a published price)
Available today
21 (of 98)
Sizes
49.3 – 128.3 m² (available units)
Delivery
September 2027 (Under construction)

The project

HUB is a Block Desarrollos building at Colonia 2023, corner of M.C. Martínez, in Cordón, Montevideo, with 98 apartments over 11 floors.

HUB is a Block Desarrollos building at Colonia 2023, corner of M.C. Martínez, in Cordón, Montevideo, with 98 apartments over 11 floors. Av. 18 de Julio and Tres Cruces are a few blocks away, and Plaza Seregni, Parque Batlle, universities, hospitals and shopping centers are all close by.

Units include studios and one- and two-bedroom apartments, with terraces and windows that offer good thermal and acoustic insulation; the building has 50 parking spaces. The pool and sun deck are on the rooftop, with open views over the city. Other shared spaces include a multipurpose room with an indoor grill, a coworking space with a reading room, a gym that doubles as a yoga studio, a laundry room and a screening room that also works as a playroom.

Cesio Olveira Arquitectos is responsible for the design and site management, and construction is underway. The project is registered as Promoted Housing with Uruguay's National Housing Agency (project no. 1683), a regime under Law 18,795 that provides for tax exemptions; the terms depend on each case and on current regulations.

Floors with units
10
Units
98
Layouts
3

Layouts

LayoutUnitsAreaFrom
Studio449.3 – 69.2 m²USD 112,000
1 bedroom1354.3 – 117.1 m²USD 134,000
2 bedrooms475.7 – 128.3 m²USD 154,500

Amenities

UP HIGH

  • Solarium
  • Rooftop

SPORTS

  • Gym
  • Outdoor pool
  • Bicycle storage

GATHERING

  • Multipurpose room
  • Barbecue areas
  • Playground

SERVICES

  • Coworking
  • Underground parking
  • Laundry

FEATURES

  • Double-glazed windows

Location

Colonia 2023 esq. M.C. Martínez, Cordón, Montevideo, Uruguay

Coordinates: -34.8991926, -56.1723361

PlaceCategoryDistance
PigallePharmacy130 m · 2 min
Parque General Líber SeregniGreen space150 m · 2 min
Instituto de Formación en Educación SocialEducation280 m · 4 min
El DoradoSupermarket310 m · 4 min
Tienda InglesaSupermarket390 m · 5 min
Facultad de DerechoEducation670 m · 9 min
Sanatorio Enrique CabalHealthcare750 m · 10 min
Shopping Tres CrucesShopping mall770 m · 11 min
Hospital Italiano Umberto IHealthcare900 m · 12 min
Terminal Tres CrucesTransport900 m · 12 min
República — 19 de JunioBank1,120 m · 15 min
Club OneSports1,410 m · 19 min

Walking distances, measured over the street network.

Explore Cordón

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.

Complete Promoted Housing guide

Available units

21 units listed · 21 available

UnitFloorLayoutAreaIndoor areaPriceStatus
10111 bedroom117.1 m²46.2 m²USD 179,000Available
10211 bedroom84.7 m²39.6 m²USD 152,000Available
1031Studio69.2 m²31.4 m²USD 119,200Available
10411 bedroom81 m²39.3 m²USD 150,000Available
10512 bedrooms128.3 m²58.4 m²USD 190,900Available
10612 bedrooms116.2 m²61 m²USD 184,200Available
11011 bedroom93.5 m²44.3 m²USD 160,000Available
20121 bedroom60.9 m²46.2 m²USD 140,000Available
20221 bedroom54.8 m²39.6 m²USD 134,000Available
20421 bedroom54.3 m²39.3 m²USD 134,000Available
20522 bedrooms75.7 m²58.4 m²USD 154,500Available
2082Studio49.3 m²34.4 m²USD 112,000Available
30131 bedroom60.9 m²46.2 m²USD 140,000Available
30231 bedroom54.8 m²39.6 m²USD 135,000Available
6086Studio49.3 m²34.4 m²USD 117,000Available
70171 bedroom60.9 m²46.2 m²USD 145,000Available
71071 bedroom58.9 m²44.3 m²USD 142,000Available
81081 bedroom58.9 m²44.3 m²USD 143,000Available
9089Studio49.3 m²34.4 m²USD 119,200Available
1001101 bedroom61.6 m²46.2 m²USD 148,000Available
1005102 bedrooms76.6 m²58.4 m²USD 163,800Available

FAQ

Where is Hub located?

Hub is located at Colonia 2023 esq. M.C. Martínez, Cordón, Montevideo, Uruguay.

Does Hub qualify for Vivienda Promovida tax benefits?

Yes. Hub 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 Hub delivered?

Hub is scheduled for delivery in September 2027, according to the developer. Construction dates can shift.

What is the starting price at Hub?

Units at Hub start at USD 112,000, across 21 available units with a published price. Prices may change without notice.

What layouts are available at Hub?

Hub lists Studio (4 units, from USD 112,000), 1 bedroom (13 units, from USD 134,000) and 2 bedrooms (4 units, from USD 154,500).

What amenities does Hub have?

Hub lists the following services and amenities: gym, multipurpose room, solarium, outdoor pool, barbecue areas, coworking, underground parking, laundry, playground, rooftop, bicycle storage and double-glazed windows.

Photos

Hub — photo 2Hub — photo 3Hub — photo 4Hub — photo 5Hub — photo 6Hub — photo 7Hub — photo 8

Floor plans

Floor plan 1 — HubFloor plan 2 — HubFloor plan 3 — HubFloor plan 4 — HubFloor plan 5 — Hub

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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.