Park Square Herrera in Montevideo

Name: Sales in Park Square Herrera started!
Start: 2022-09-19T06:45:53.761426+00:00
End: 2023-12-31T23:59:59+0000
Location: Park Square Herrera

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Project info

Object ID: 23333

Finished at	December 2019
Price, m²	From 3415$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 41.00 m²
Floors	4
Condition	Turnkey
Construction type	Monolyth
Security	—
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

140,015$

Net profit

6,783$

Payback period

15.5 years

Avg property value increase per year

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About the project

On the one hand, the relaxation of the promenade and the serenity of the little port. On the other, the energy of the Shopping and the WTC. We project apartments that adapt to you, to the dynamism of urban life. We maximize every detail so that you move in with everything taken care of. So that you use the space intelligently and optimize your time. To live different.

Only some architecture projects have the advantage of being in an exceptional place. Park Square Herrera is one of them. We are in one of the most sought-after neighborhoods in the city, preferred by locals and foreigners for its wide range of services and the picturesque landscape that surrounds it. The close presence of the sea balances the vertigo of the corner with 26 de Marzo and this is precisely what defines its climate: calm but lively at the same time. The neighborhood lives in permanent evolution. The gastronomic offer is very varied, added to design, decoration, clothing stores and the most important banks in the country. A place with a special charm that invites you to live to the fullest.

A complementary and versatile outdoor space designed to exploit the views. The north-facing Jacuzzi on a stepped deck, living rooms carefully arranged around outdoor stoves and the traditional grill, create a very cozy and relaxing atmosphere. So that you and your guests feel special. Optional private sectors for those who prefer something of their own, complete the proposal of this space that without a doubt is the protagonist of the project.

Developer

Since 1993 we have provided a comprehensive Architecture, Planning and Construction service that includes Construction Management, Managemen…
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