1-Bedroom Apartment for Sale, Palermo

Excellent investment opportunity in Palermo. 1-bedroom apartment built in 2021 under the Promoted Housing Law (Ley de Vivienda Promovida), currently tenanted and with IRPF rental income tax exemption through 2031. A modern property with low HOA fees and a projected gross yield of approximately 6% per year. The unit faces the street on the first floor with a north-facing orientation, providing excellent natural light throughout the day. It features a comfortable living-dining area and a semi-open kitchen, where a practical breakfast bar defines both spaces without sacrificing openness, encouraging light flow and creating a functional, welcoming atmosphere. The kitchen is equipped with upper and lower cabinets, an extractor hood, and ample storage space. From the living area, a balcony faces the street, while the bedroom — bright and with a built-in closet — also has its own access to the exterior. The bathroom is full, modern in design, and includes space and plumbing connections for a washing machine. Low HOA fees: $2.800 per month. The building also offers bicycle storage and a shared rooftop barbecue area with a grill, from which you can enjoy a pleasant, open view toward the rambla. Its strategic location is another key highlight: situated on San Salvador at the corner of Lorenzo Carnelli, just two blocks from the Rambla, close to Parque Rodó, Ciudad Vieja, and the Centro, with excellent connectivity and a wide range of services, shops, and public transport. Currently leased with a guarantee from the Contaduría General de la Nación through December 2026, generating rental income from day one. Contact us to schedule your visit!