Very profitable accommodation in CIUDAD VIEJA, Montevideo - CA ES 005

Colonial Lodging - Historical Monument:

The two-storey property has a built area of 457 sqm (*) and is in very good condition.
In 1990 it was transformed in accommodation for young people and constantly modernized. It is very profitable and easy to handle.  
Its ground of 297 sqm (*) has a front of 11.30 meters (*) and is located on Guaraní Street, steps away from the Ferry Terminal. In its surroundings are several places of interest, like the Faculty of Nursing, the Port Market and the Museum of the Carnival. It has excellent locomotion and was declared "Historic Monument".

Its 30 single-rooms (5 with mezzanine level) are distributed on two floors and lighted by a beautiful central yard:

• 16 on the ground floor of 215 sqm (*) and
• 14 on the top floor of 242 sqm (*).

The lodging counts with 5 modern bathrooms (two on the ground floor and three on the first floor), two kitchens and a large roof terrace. It is in accordance to local laws and regulations as well as suitable for mortgage loan. 

Rooms are rented on a monthly basis, mostly to young people (foreign and domestic), and generate a monthly income of approx. USD 5,000.--.

(*) DATA ACCORDING TO THE NATIONAL PROPERTY REGISTER

Price:
Reference:

USD 520,000.-- 
CA ES 005

ABI Propiedades 

Phone: +598 - 27 10 77 58
Mobile phone: +598 - 98 963 132

info@abipropiedades.com

As per November 2015