Los Olímpicos

Key figures

From

USD 108,000 (Lowest-priced of 28 available units with a published price)

Available today

28 (of 160)

Sizes

41.1 – 139.2 m² (available units)

The project

Los Olímpicos by Block is the building that has it all: a central location in Montevideo, modern design apartments in studio, one- and two-bedroom layouts, first-class amenities and the tax benefits of Vivienda Promovida.

Los Olímpicos by Block is a design apartment building located at the core of the city of Montevideo, at Av. 8 de Octubre 3180/3184, in the Parque Batlle neighbourhood. Its strategic position at the meeting point of three of the Uruguayan capital's most important road connectors makes it an unbeatable proposition in terms of accessibility, surrounded by supermarkets, educational centres, clinics, stadiums and all the urban infrastructure needed for everyday life.

The building has 160 apartments spread over 10 floors, available as studios (~40 m²), one-bedroom (~55 m²) and two-bedroom (~75 m²) layouts, with interconnected spaces, modern lines and generous terraces. The first-floor apartments include uncovered patios for exclusive use that reinforce their outdoor-living proposition. The development also has 80 parking spaces and 5 wallboxes for electric vehicles, plus 2 commercial units on the ground floor.

The offering is completed by an extensive range of first-class amenities: a pool with deck, 2 combinable multipurpose rooms with barbecue and equipped terraces, an equipped gym, a coworking space, an equipped micro-cinema and an app-operated laundry. All of this under the benefits of the Vivienda Promovida Law (promoted housing, Law 18.795), which grants significant tax exemptions to buyers.

Floors with units

10

Units

160

Layouts

4

Layouts

Amenities

SPORTS

• Gym
• Outdoor pool
• Bicycle storage

GATHERING

• Multipurpose room
• Barbecue areas

SERVICES

• Coworking
• Laundry
• Elevator

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.

Available units

28 units listed · 28 available

FAQ

Where is Los Olímpicos located?

Los Olímpicos is located at Av. 8 de Octubre 3180/3184, Parque Batlle, Montevideo, Uruguay.

Does Los Olímpicos qualify for Vivienda Promovida tax benefits?

Yes. Los Olímpicos 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.

What is the starting price at Los Olímpicos?

Units at Los Olímpicos start at USD 108,000, across 28 available units with a published price. Prices may change without notice.

What layouts are available at Los Olímpicos?

Los Olímpicos lists Studio (10 units, from USD 108,000), 1 bedroom (5 units, from USD 145,000), 2 bedrooms (12 units, from USD 180,000) and Retail unit (1 unit, from USD 463,500).

What amenities does Los Olímpicos have?

Los Olímpicos lists the following services and amenities: gym, multipurpose room, outdoor pool, barbecue areas, coworking, laundry, bicycle storage and elevator.

Photos

Floor plans

Other developments in Parque Batlle

• Garden
• 01 Vila
• 01 Parque Batlle