Nostrum Uruguay

Key figures

From

USD 102,357 (Lowest-priced of 13 available units with a published price)

Available today

13 (of 75)

Sizes

34 – 122.7 m² (available units)

The project

Nostrum Uruguay is a 75-unit Altius Group apartment tower in downtown Montevideo (Centro), at Uruguay Avenue 1337 on the corner of Ejido.

Nostrum Uruguay is a 75-unit Altius Group apartment tower in downtown Montevideo (Centro), at Uruguay Avenue 1337 on the corner of Ejido. It is part of the Nostrum line.

The design is by Estudio Plan Proyecto Consultores. The 10-level building has studios and one- and two-bedroom apartments, plus parking and retail units. The common areas are built around the country's history: three murals, plaques telling episodes and ideas from Uruguayan identity, nods to sporting milestones and national figures, and a corner set aside for sharing mate among neighbors. Amenities are a gym, laundry room, grill area, multipurpose room and an outdoor recreation area, and there are parking spaces.

The corner gives direct access to main avenues and is close to the bus terminal, universities and medical centers. Nostrum Uruguay was approved by the National Housing Agency (project no. 1906) as Promoted Housing under Uruguay's Law 18,795, which grants tax exemptions.

Floors with units

10

Units

75

Layouts

3

Layouts

Amenities

SPORTS

• Gym

GATHERING

• Área recreativa exterior
• Barbecue area

SERVICES

• Laundry
• Cocheras

OTHER

• Sala Multifunción

Location

Av. Uruguay 1337 esq. Ejido, Centro, Montevideo, Uruguay

Coordinates: -34.9027591, -56.1871698

Explore Centro

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

14 units listed · 13 available · 1 reserved

FAQ

Where is Nostrum Uruguay located?

Nostrum Uruguay is located at Av. Uruguay 1337 esq. Ejido, Centro, Montevideo, Uruguay.

Does Nostrum Uruguay qualify for Vivienda Promovida tax benefits?

Yes. Nostrum Uruguay 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 Uruguay?

Units at Nostrum Uruguay start at USD 102,357, across 13 available units with a published price. Prices may change without notice.

What layouts are available at Nostrum Uruguay?

Nostrum Uruguay lists Studio (1 unit, from USD 102,357), 1 bedroom (5 units, from USD 126,502) and 2 bedrooms (7 units, from USD 157,331).

What amenities does Nostrum Uruguay have?

Nostrum Uruguay lists the following services and amenities: área recreativa exterior, gym, laundry, barbecue area, sala multifunción and cocheras.

Photos

Similar developments to consider

• MET City — Another option in Centro
• Nostrum Central — Another option in Centro
• Nostrum Bay — Another option in Centro

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