Nostrum Roosevelt

Key figures

From

USD 113,875 (Lowest-priced of 34 available units with a published price)

Available today

34

Sizes

49.9 – 93.9 m² (available units)

The project

Nostrum Roosevelt is an Altius Group tower in Punta del Este, on Roosevelt Avenue at stop (parada) 19.

Nostrum Roosevelt is an Altius Group tower in Punta del Este, on Roosevelt Avenue at stop (parada) 19. It is part of the Nostrum line.

The building has 20 floors above the ground level, with 1, 2 and 3-bedroom apartments. Shared amenities include an outdoor pool, a gym, a barbecue area, a playroom and a multipurpose room, plus parking. Altius designs its Nostrum line as housing for residents and investors, with amenities and controlled condo fees.

The tower is three stops from the Atlántico complex, another Altius development on the same avenue, and its amenities were planned for use in any season. The project is presented under the Promoted Housing regime; Uruguay's Law 18,795 grants tax exemptions to these homes.

Floors with units

20

Units

47

Layouts

3

Layouts

Amenities

SPORTS

• Gym
• Piscina exterior

GATHERING

• Barbecue area
• Playroom

SERVICES

• Cocheras

OTHER

• Sala Multifunción

Location

Av. Roosevelt, Parada 19, Roosevelt, Punta del Este, Maldonado, Uruguay

Coordinates: -34.9189, -54.956

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

47 units listed · 34 available · 13 reserved

FAQ

Where is Nostrum Roosevelt located?

Nostrum Roosevelt is located at Av. Roosevelt, Parada 19, Roosevelt, Punta del Este, Maldonado, Uruguay.

Does Nostrum Roosevelt qualify for Vivienda Promovida tax benefits?

Yes. Nostrum Roosevelt 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 Roosevelt?

Units at Nostrum Roosevelt start at USD 113,875, across 34 available units with a published price. Prices may change without notice.

What layouts are available at Nostrum Roosevelt?

Nostrum Roosevelt lists 1 bedroom (19 units, from USD 113,875), 2 bedrooms (9 units, from USD 149,960) and 3 bedrooms (6 units, from USD 207,860).

What amenities does Nostrum Roosevelt have?

Nostrum Roosevelt lists the following services and amenities: gym, barbecue area, piscina exterior, playroom, sala multifunción and cocheras.

Photos

Similar developments to consider

• More Atlántico — Another option in Roosevelt
• EVE Tower — Comparable starting budget in Punta del Este
• Manglar Albor — Similar unit types in Punta del Este

View all developments