Nostrum Malvín
Av. Italia esq. Candelaria, Malvín, Montevideo, Uruguay
Completed · Vivienda Promovida · 16 units available
Key figures
- From
- USD 108,089 (Lowest-priced of 16 available units with a published price)
- Available today
- 16 (of 225)
- Sizes
- 36.7 – 99.6 m² (available units)
The project
Nostrum Malvín is a two-tower Altius Group complex on Avenida Italia at the corner of Candelaria, in Malvín, Montevideo.
Nostrum Malvín is a two-tower Altius Group complex on Avenida Italia at the corner of Candelaria, in Malvín, Montevideo. Construction is finished and there are still units for sale.
The towers were designed by Carlos Ott together with Carlos Ponce de León. Together they have 225 apartments: 133 in Tower 1 and 92 in Tower 2. There are studios and 1, 2 and 3-bedroom apartments. The courtyard faces north, which brings sun for much of the day, and the upper floors look over the city. There is a coworking space, a gym, a pet garden, a barbecue area, a multipurpose room, a lobby with reception and landscaped areas, plus parking, storage units and bike racks.
Being on Avenida Italia gives direct access to buses, shops and services. Like the rest of the Nostrum line, it is a Promoted Housing project, registered with the ANV under number 808; Uruguay's Law 18,795 grants tax exemptions to these homes.
- Units
- 225
- Layouts
- 4
Layouts
| Layout | Units | Area | From |
|---|---|---|---|
| Studio | 4 | 36.7 m² | USD 108,089 |
| 1 bedroom | 5 | 52.7 – 59.5 m² | USD 147,692 |
| 2 bedrooms | 6 | 68.7 – 87.5 m² | USD 164,408 |
| 3 bedrooms | 1 | 99.6 m² | USD 240,420 |
Amenities
SPORTS
- Gym
- Bicicleteros
GATHERING
- Barbecue area
- Juegos exteriores
- Barbecue area
- Sectores enjardinados
SERVICES
- Cowork
- Lobby recepción
- Cocheras
- Bauleras
SECURITY
- CCTV
OTHER
- Grupo electrógeno
- Livings exteriores
- Llaves codificadas
- Petgarden
- Sala Multifunción
- Vistas de la ciudad
Location
Av. Italia esq. Candelaria, Malvín, Montevideo, Uruguay
Coordinates: -34.8870275, -56.1111453
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
16 units listed · 16 available
| Unit | Floor | Layout | Area | Indoor area | Price | Status |
|---|---|---|---|---|---|---|
| 109-T2 | 1 | 1 bedroom | 59.5 m² | 47.8 m² | USD 147,692 | Available |
| 113-T2 | 1 | 2 bedrooms | 76.9 m² | 61.8 m² | USD 164,408 | Available |
| 215-T2 | 2 | 3 bedrooms | 99.6 m² | 80 m² | USD 240,420 | Available |
| 315-T2 | 3 | 1 bedroom | 52.7 m² | 42.3 m² | USD 166,091 | Available |
| 316-T2 | 3 | 1 bedroom | 52.7 m² | 42.3 m² | USD 166,091 | Available |
| 317-T2 | 3 | 2 bedrooms | 87.5 m² | 70.3 m² | USD 185,780 | Available |
| 415-T2 | 4 | 1 bedroom | 52.7 m² | 42.3 m² | USD 167,408 | Available |
| 416-T2 | 4 | 1 bedroom | 52.7 m² | 42.3 m² | USD 167,408 | Available |
| 708-T2 | 7 | 2 bedrooms | 75.5 m² | 60.6 m² | USD 181,281 | Available |
| 912-T2 | 9 | Studio | 36.7 m² | 29.5 m² | USD 108,089 | Available |
| 1011-T2 | 10 | 2 bedrooms | 68.7 m² | 55.1 m² | USD 174,531 | Available |
| 1112-T2 | 11 | Studio | 36.7 m² | 29.5 m² | USD 110,215 | Available |
| 1211-T2 | 12 | 2 bedrooms | 68.7 m² | 55.1 m² | USD 177,906 | Available |
| 1212-T2 | 12 | Studio | 36.7 m² | 29.5 m² | USD 111,278 | Available |
| 1311-T2 | 13 | 2 bedrooms | 68.7 m² | 55.1 m² | USD 179,913 | Available |
| 1312-T2 | 13 | Studio | 36.7 m² | 29.5 m² | USD 112,341 | Available |
FAQ
Where is Nostrum Malvín located?
Nostrum Malvín is located at Av. Italia esq. Candelaria, Malvín, Montevideo, Uruguay.
Does Nostrum Malvín qualify for Vivienda Promovida tax benefits?
Yes. Nostrum Malvín 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 Malvín?
Units at Nostrum Malvín start at USD 108,089, across 16 available units with a published price. Prices may change without notice.
What layouts are available at Nostrum Malvín?
Nostrum Malvín lists Studio (4 units, from USD 108,089), 1 bedroom (5 units, from USD 147,692), 2 bedrooms (6 units, from USD 164,408) and 3 bedrooms (1 unit, from USD 240,420).
What amenities does Nostrum Malvín have?
Nostrum Malvín lists the following services and amenities: barbecue area, cctv, cowork, gym, grupo electrógeno, juegos exteriores, livings exteriores, llaves codificadas, lobby recepción, barbecue area, petgarden, sala multifunción, sectores enjardinados, vistas de la ciudad, cocheras, bauleras and bicicleteros.
Photos
Similar developments to consider
- Los Olímpicos — Comparable starting budget in Montevideo
- 01 Vista — Comparable starting budget in Montevideo
- Tribeca — Comparable starting budget in Montevideo
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.