Torre Munich in Montevideo

Name: Sales in Torre Munich started!
Start: 2022-09-19T11:44:43.080322+00:00
End: 2023-12-31T23:59:59+0000
Location: Torre Munich

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Construction

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Property for sale in Torre Munich — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in Torre Munich — look at the real estate search engine GEOLN.COM. Photo 2

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Project info

Object ID: 23340

Finished at	March 2024
Price, m²	From 2400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 37.00 m²
Floors	10
Apartments	57
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness 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

88,800$

Net profit

5,883$

Payback period

11.0 years

Avg property value increase per year

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About the project

Torre Munich stands out with a style that resembles the picturesque German city that gives its name to the project.

Located in a strategic corner of the Cordón neighborhood, steps away from four main arteries of Montevideo. It offers complete access to key points in the city, very close to faculties, squares, shopping centers and other services.

The location of the units achieves an efficient distribution so that each user enjoys their unit facing the street and with their own terrace. The project has 57 units plus a commercial space, with studio typologies and 1 bedroom.

Developer

We are a team of professionals with 20 years of experience in real estate development. We forged our trajectory through successful projects…
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