Pres Palermo in Montevideo

Name: Sales in Pres Palermo started!
Start: 2022-09-21T10:11:26.620067+00:00
End: 2023-12-31T23:59:59+0000
Location: Pres Palermo

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Construction

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Project info

Object ID: 23356

Finished at	December 2022
Price, m²	From 2300$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 29.00 m²
Floors	6
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

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

66,700$

Net profit

5,906$

Payback period

8.2 years

Avg property value increase per year

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Promos and discounts for Pres Palermo

About the project

Pres Palermo has a privileged location on Gonzalo Ramírez and Barrios Amorín, with unobstructed views of the Rambla de Montevideo and the parks located there. It is a vibrant area with a varied gastronomic offer, high connectivity and proximity to universities.

The design by the renowned Adamo Faiden studio stands out for its contemporary architecture with units of spacious and bright spaces.

Traditional construction in combination with durable materials make the building a low-maintenance investment, which defends the appreciation of the apartments in the long term.

The building will have low common expenses, laundry, barbecue, and a unique green terrace overlooking the boulevard.

These reasons make Pres Palermo an excellent investment for those who buy apartments in a well in search of profitability, and an unparalleled experience for those who live in them.