Altamira Rambla in Montevideo

Name: Sales in Altamira Rambla started!
Start: 2022-10-10T10:26:10.434714+00:00
End: 2023-12-31T23:59:59+0000
Location: Altamira Rambla

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Project info

Object ID: 23489

Finished at	September 2023
Price, m²	From 2930$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 56.30 m²
Floors	6
Apartments	40
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

164,080$

Net profit

7,229$

Payback period

17.3 years

Avg property value increase per year

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Promos and discounts for Altamira Rambla

About the project

On the first line, in a quiet neighborhood, the opportunity to live in the best place on the boulevard. Altamira Rambla is developed on a plot of 1,356 m2, arranged in the form of a bow on three strategically located streets, in an area of extensive real estate development.

Apartments with 1, 2 and 3 bedrooms.

An avant-garde architectural project oriented to the best views with its own beautiful garden, in a safe environment and integrated into a neighborhood with a very special atmosphere.

Altamira Rambla fuses avant-garde design, light, spacious rooms, functionality, excellent finishes and panoramic views of the horizon.