Nostrum Cordón

Key figures

From

USD 112,667 (Lowest-priced of 29 available units with a published price)

Available today

29 (of 145)

Sizes

48.2 – 91.8 m² (available units)

The project

Nostrum Cordón is an Altius Group building at 18 de Julio and Pablo de María in Cordón, Montevideo, with a third frontage on Coronel Brandsen.

Nostrum Cordón is an Altius Group building at 18 de Julio and Pablo de María in Cordón, Montevideo, with a third frontage on Coronel Brandsen. It is part of the Nostrum line.

The design is by Carlos Ott Arquitectos in association with Carlos Ponce de León Arquitectos. It has a ground floor, 12 upper floors and a penthouse, plus an underground garage entered from Coronel Brandsen, with access control and a motorized gate. There are 145 apartments: 23 studios, 83 one-bedroom, 38 two-bedroom and one three-bedroom unit. The entrance hall on Pablo de María has a meeting room and leads to three elevators; facing 18 de Julio, the ground floor holds a large retail space. Amenities include a coworking space, gym, barbecue area, pet garden, outdoor lounges and a staffed lobby.

The bus terminal, several universities and schools are nearby, as are the main roads into and out of the city. Nostrum Cordón was approved by the National Housing Agency (project no. 1245) as Promoted Housing under Uruguay's Law 18,795, which provides tax exemptions.

Units

145

Layouts

4

Layouts

Amenities

SPORTS

• Gym
• Bicicleteros

GATHERING

• Barbecue area
• Juegos exteriores

SERVICES

• Cowork
• Lobby recepción
• Cocheras
• Bauleras

SECURITY

• CCTV

OTHER

• Livings exteriores
• Llaves codificadas
• Petgarden

Location

Av. 18 de Julio esq. Pablo de María, Cordón, Montevideo, Uruguay

Coordinates: -34.9006185, -56.1727056

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

35 units listed · 29 available · 6 reserved

FAQ

Where is Nostrum Cordón located?

Nostrum Cordón is located at Av. 18 de Julio esq. Pablo de María, Cordón, Montevideo, Uruguay.

Does Nostrum Cordón qualify for Vivienda Promovida tax benefits?

Yes. Nostrum Cordón 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 Cordón?

Units at Nostrum Cordón start at USD 112,667, across 29 available units with a published price. Prices may change without notice.

What layouts are available at Nostrum Cordón?

Nostrum Cordón lists Studio (4 units, from USD 112,667), 1 bedroom (11 units, from USD 138,870), 2 bedrooms (13 units, from USD 172,566) and Retail unit (1 unit, from USD 910,056).

What amenities does Nostrum Cordón have?

Nostrum Cordón lists the following services and amenities: barbecue area, cctv, cowork, gym, juegos exteriores, livings exteriores, llaves codificadas, lobby recepción, petgarden, cocheras, bauleras and bicicleteros.

Photos

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