Nostrum Central
Paraguay 1690 esq. La Paz, Centro, Montevideo, Uruguay
From
USD 166,971
Lowest-priced of 4 available units with a published price
Available today
4
of 136
Sizes
64.6 – 64.6 m²
available units
01 / 13
4 units available
| 12 | 2 bedrooms | 64.6 m² | 59.8 m² | 4.7 m² | USD 168,842 | |
| 12 | 2 bedrooms | 64.6 m² | 59.9 m² | 4.7 m² | USD 168,756 | |
| 11 | 2 bedrooms | 64.6 m² | 59.9 m² | 4.7 m² | USD 166,971 | |
| Ground floor | Retail unit | USD 494,940 |
01
136 units.14 amenities.
Nostrum Central is a completed building by Altius Group at Paraguay 1690, on the corner of La Paz, in Montevideo's Centro district. It belongs to the Nostrum line and sits close to the bay, Avenida del Libertador and the Ciudad Vieja. The port is a few blocks away, and the main expressways into and out of the city are reached in minutes.
The tower has 12 floors and 136 apartments with 1 to 3 bedrooms, designed by Carlos Ott's studio in association with Carlos Ponce de León. Many units have open views of the Río de la Plata, both east and west. Shared spaces include a cowork area, fitness equipment, a multi-sport court, a pet garden, a multipurpose room and outdoor lounges; the building also has parking, storage units, bike racks and a backup generator.
The project is registered as Promoted Housing with Uruguay's National Housing Agency (project no. 687), a regime under Law 18,795 that provides for tax exemptions; the terms depend on each case and on current regulations.
12
Floors with units
2
Layouts
02
Amenities
SPORTS
- Equipamiento fitness
- Multicancha
- Bicicleteros
GATHERING
- Juegos exteriores
- Sectores enjardinados
SERVICES
- Cowork
- Lobby recepción
- Cocheras
- Bauleras
SECURITY
- CCTV
OTHER
- Grupo electrógeno
- Livings exteriores
- Petgarden
- Sala Multifunción
04
Vivienda Promovida
Law 18.795
I
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.
II
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.
III
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 →05
FAQs
Nostrum Central is located at Paraguay 1690 esq. La Paz, Centro, Montevideo, Uruguay.
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Nostrum CentralParaguay 1690 esq. La Paz, Centro, Montevideo, Uruguay
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