NOSTRUM CORDON in Montevideo

Name: Sales in NOSTRUM CORDON started!
Start: 2022-09-16T11:08:01.095078+00:00
End: 2023-12-31T23:59:59+0000
Location: NOSTRUM CORDON

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Project info

Object ID: 23310

Finished at	May 2025
Price, m²	From 2350$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.60 m²
Floors	12
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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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

117,500$

Net profit

6,783$

Payback period

13.0 years

Avg property value increase per year

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About the project

NOSTRUM CORDÓN is a tower that covers 3 fronts, located on the main avenue of Montevideo, Av. 18 de Julio and Pablo de María and Coronel Brandsen streets.

The proximity to the main arteries of entry and exit to the city, as well as its proximity to the main bus terminal, universities and educational centers, make Nostrum Cordón a unique place, with a strong urban imprint, to live and connect with the community. city.

The project in charge of the studies of recognized international trajectory, CARLOS OTT Arquitectos in association with CARLOS PONCE de LEÓN Arquitectos, offers an avant-garde design in the heart of the city.

The tower in the horizontal property regime, destined for apartment units promoted by the ANV through Law 18,795, is developed on the ground floor, 12 levels and a penthouse, made up of a vertical circulation nucleus, in addition to having a basement destined for to garages and technical areas.

The residential program is made up of studio apartment units, 1, 2 bedrooms and 1 with 3 bedrooms.

The access hall on Pablo de María street has a meeting room and communicates with the vertical circulation core, which has 3 state-of-the-art elevators. At the ground floor level there is also a large commercial premises with access on Avenida 18 de Julio.

Developer

We are leaders in the design of innovative projects in the real estate sector in Latin America. Developments based on optimizing the value …
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