Altos de Santiago de Chile in Montevideo

Name: Sales in Altos de Santiago de Chile started!
Start: 2022-09-19T07:43:48.150801+00:00
End: 2023-12-31T23:59:59+0000
Location: Altos de Santiago de Chile

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Project info

Object ID: 23335

Finished at	November 2023
Price, m²	From 2275$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 46.00 m²
Floors	10
Apartments	77
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security 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

9,026$

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

104,650$

Net profit

6,783$

Payback period

11.6 years

Avg property value increase per year

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About the project

It is an exclusively residential architectural project, located on Santiago de Chile street on the corner of Maldonado.

Its façade is conceptualized to generate a slim and elegant building, composed of pure volumes that highlight a minimalist design style, with large windows that maximize views of the city, generating permeability in ventilation and lighting.

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