Nostrum Central in Montevideo

Name: Sales in Nostrum Central started!
Start: 2022-09-16T06:49:37.280620+00:00
End: 2023-12-31T23:59:59+0000
Location: Nostrum Central

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Project info

Object ID: 23308

Finished at	December 2022
Price, m²	From 2225$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.60 m²
Floors	14
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	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

111,250$

Net profit

6,783$

Payback period

12.3 years

Avg property value increase per year

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About the project

Nostrum Central is an innovative design proposal by Carlos Ott in association with Carlos Ponce de León Arquitectos.

The tower prioritizes vehicular access, as well as optimal access to transportation and services, both public and private. An enclave of excellence, in immediate communication with the main highway arteries of the city, with the port of Montevideo and the heart of Ciudad Vieja.

With a corner typology and close to the bay of Montevideo, Nostrum Central offers you exceptional open views of the Río de la Plata, both to the west and to the east. A great project in tune with the river as wide as the sea.

A 13-level tower with one, two and three-bedroom units, with quality finishes and contemporary design.

Developer

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