Estrellas de Malvin in Montevideo

Name: Sales in Estrellas de Malvin started!
Start: 2022-09-29T10:11:00.244995+00:00
End: 2023-12-31T23:59:59+0000
Location: Estrellas de Malvin

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Project info

Object ID: 23422

Finished at	December 2023
Price, m²	From 2360$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	21
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool 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

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

82,600$

Net profit

5,883$

Payback period

10.2 years

Avg property value increase per year

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About the project

Estrellas de Malvín: located in A. Italia between Valencia and Rambla Concepción del Uruguay, following the line of Estrellas del Sur, a condominium of 2 towers of 21 floors is projected.

Surrounded by green spaces, very close to the boulevard and with an excellent connection to the city. Minutes from both the Center and the Airport.

A contemporary project that brings together construction technology, location, open views, comfortable and versatile apartments, and multiple spaces for common uses.

Tower 1 dated December 2023 and Tower 2 in the Launch stage dated December 2024.