VENTURA - CULTURAL
Cordón, Montevideo, Uruguay
Completed · Vivienda Promovida
The project
Completed building in Cordón, available for immediate handover.
Location
Cordón, Montevideo, Uruguay
Coordinates: -34.9035174, -56.1779314
| Place | Category | Distance |
|---|---|---|
| Facultad de Derecho | Education | 130 m · 2 min |
| Ta-Ta | Supermarket | 150 m · 2 min |
| República — 19 de Junio | Bank | 170 m · 2 min |
| Facultad de Artes | Education | 170 m · 2 min |
| Plaza de los Treinta y Tres | Green space | 230 m · 3 min |
| San Roque | Pharmacy | 230 m · 3 min |
| El Dorado | Supermarket | 240 m · 3 min |
| Sanatorio "Luis Pedro Lenguas" | Healthcare | 490 m · 7 min |
| Club One | Sports | 1,020 m · 14 min |
| Sanatorio Oscar Magurno Souto | Healthcare | 1,500 m · 20 min |
Walking distances, measured over the street network.
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.
Payment terms
- Reservation deposit
- 10%
- In instalments during construction
- 90%
FAQ
Where is VENTURA - CULTURAL located?
VENTURA - CULTURAL is located at Cordón, Montevideo, Uruguay.
Does VENTURA - CULTURAL qualify for Vivienda Promovida tax benefits?
Yes. VENTURA - CULTURAL 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 VENTURA - CULTURAL?
Units at VENTURA - CULTURAL start at USD 153,900. Prices may change without notice.
Photos
Other developments in Cordón
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.