Arcadia Building, No Occupancy Fees - 1 bedroom · 38 m²

The Arcadia Building, to be constructed in the heart of Cordón at Requena 1518 between Brandzen and Ana Monterroso de Lavalleja, is Babel Desarrollo y Promoción’s latest project designed for investors seeking quality and profitability. Arcadia is the solution for those seeking a location with excellent connectivity, a dynamic atmosphere, and a low cost of living. The Arcadia building offers a projected annual return in dollars of 7.5%, tax-free for 10 years, and its proximity to several of the universities with the largest student populations makes it extremely attractive to current or future students pursuing degrees in fields such as Law, Psychology, Architecture, and Economics. For those who enjoy the outdoors, Arcadia will be just 400 meters from Batlle Park, while food and culture enthusiasts will have the opportunity to explore Cordón, one of the fastest-growing neighborhoods in recent years. Within a 600-meter radius, you’ll find the Escaramuza bookstore-café, the Ferrando Market, Café Patrimonio, and the National Library, among others. The British Hospital, the Pereira Rossell Hospital, and the Spanish Association round out the list of prominent institutions surrounding the Arcadia building. With our payment method discounts, no occupancy fees, and no connection fees, Arcadia offers everything investors look for in a property: profitability, quality, and security. Delivery: August 2026. The building will feature: • Bike parking. • Optional parking spaces. • Barbecue area with grill on the top floor, complete with a terrace. • Laundry facilities. Price for cash payment; inquire about other payment options. Inquire about opportunities on higher floors. The project is covered by the housing law (Law 18,795), which provides the following benefits: • VAT exemption • Exemption from the Property Transfer Tax (ITP; 2% of the assessed value) • Exemption from IRAE/IRPF on rental income for 10 years • Exemption from the Wealth Tax for 10 years Be sure to consult with our advisors!! Ideal for investors due to its location!!