Nostrum Central
Paraguay 1690 esq. La Paz, Centro, Montevideo, Uruguay
Completed · Vivienda Promovida · 5 units available
Key figures
- From
- USD 160,967 (Lowest-priced of 5 available units with a published price)
- Available today
- 5 (of 136)
- Sizes
- 80.6 – 232.5 m² (available units)
The project
Nostrum Central is a completed building by Altius Group at Paraguay 1690, on the corner of La Paz, in Montevideo's Centro district.
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.
Nostrum Central is a Promoted Housing project, approved by the ANV (Uruguay's National Housing Agency) as project no. 687. Uruguay's Law 18,795 grants it tax exemptions.
- Floors with units
- 12
- Units
- 136
- Layouts
- 2
Layouts
| Layout | Units | Area | From |
|---|---|---|---|
| 2 bedrooms | 3 | 80.6 – 80.7 m² | USD 166,971 |
| Retail unit | 1 | 232.5 m² | USD 494,940 |
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
Location
Paraguay 1690 esq. La Paz, Centro, Montevideo, Uruguay
Coordinates: -34.8994356, -56.19317
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
6 units listed · 5 available · 1 reserved
| Unit | Floor | Layout | Area | Price | Status |
|---|---|---|---|---|---|
| 002 | GF | Retail unit | 232.5 m² | USD 494,940 | Available |
| 702 | 7 | Apartamento | 80.6 m² | USD 160,967 | Available |
| 1111 | 11 | 2 bedrooms | 80.7 m² | USD 166,971 | Available |
| 1202 | 12 | 2 bedrooms | 80.6 m² | USD 168,842 | Available |
| 1211 | 12 | 2 bedrooms | 80.7 m² | USD 168,756 | Available |
| 001 | GF | Retail unit | 96.8 m² | USD 243,026 | Reserved |
FAQ
Where is Nostrum Central located?
Nostrum Central is located at Paraguay 1690 esq. La Paz, Centro, Montevideo, Uruguay.
Does Nostrum Central qualify for Vivienda Promovida tax benefits?
Yes. Nostrum Central 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 Nostrum Central?
Units at Nostrum Central start at USD 160,967, across 5 available units with a published price. Prices may change without notice.
What layouts are available at Nostrum Central?
Nostrum Central lists 2 bedrooms (3 units, from USD 166,971) and Retail unit (1 unit, from USD 494,940).
What amenities does Nostrum Central have?
Nostrum Central lists the following services and amenities: cctv, cowork, equipamiento fitness, grupo electrógeno, juegos exteriores, livings exteriores, lobby recepción, multicancha, petgarden, sala multifunción, sectores enjardinados, cocheras, bauleras and bicicleteros.
Photos
Similar developments to consider
- MET City — Another option in Centro
- Nostrum Uruguay — Another option in Centro
- Nostrum Bay — 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.