Altos de Canelones y Carnelli in Montevideo

Name: Sales in Altos de Canelones y Carnelli started!
Start: 2022-09-19T08:03:42.701409+00:00
End: 2023-12-31T23:59:59+0000
Location: Altos de Canelones y Carnelli

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Project info

Object ID: 23336

Finished at	May 2021
Price, m²	From 3930$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 44.00 m²
Floors	12
Apartments	91
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Commercial area 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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

172,920$

Net profit

6,783$

Payback period

19.2 years

Avg property value increase per year

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About the project

FUSION BETWEEN PAST AND PRESENT

The project is based on the game of contrasts between the old and the modern, it has been created with a contemporary image but at the same time maintaining its architectural value and treating the original elements with the utmost respect, such as the facade of the historic mansion from the beginning of the 20th century.

It is a project with 91 apartments with 1 and 2 bedrooms, all of them with terraces or patios. In addition, each building has 2 state-of-the-art elevators, parking lots and boxes on the ground floor and in two basements.

Developer

Justany Real Estate Developments was founded in 2011 in Uruguay, made up of Spanish, Uruguayan and Argentine entrepreneurs with extensive ex…
Details about JUSTANY