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For sale Apartment

Flow By Nostrum Building - 2 bedrooms · 58 m²

Tres Cruces, Montevideo

U$S 176,237
Ref. ML-1503702576
Part of the Flow by Nostrum project
1 / 13

Description

FLOW BY NOSTRUM is a tower located on Presidente Berro Street between 8 de Octubre Avenue and Italia Avenue, ensuring connectivity and proximity to all public and private services and amenities. Immediate access to the main expressways leading into and out of the city, as well as its proximity to various strategic locations in the area—such as Uruguay’s main terminal for domestic and international buses—make Flow by Nostrum a unique place with a strong urban character, for living and connecting with the city. The project is led by the firm of CARLOS OTT, Architects, in association with CARLOS PONCE de LEON, Architects. The tower, organized under a condominium structure and designated for apartment units under Law 18,795, is built in varying heights of 4 to 5 stories due to the slope of Presidente Berro Street and consists of two independent vertical circulation cores. The project includes basement levels designated for garages and mechanical rooms. At the entrance level on Presidente Berro Street, each independent pedestrian entrance has its own lobby, which connects to the vertical circulation core of each sector. On both sides of the tower, two vehicle entrances on Presidente Berro Street flank the building, featuring access control and a motorized gate. 2-bedroom apartment with a terrace, including a stovetop, electric oven, and air conditioning. Estimated completion: September 2025. Key amenities include: • Provision for a concierge • Magnetic card access • CCTV • Units with digital locks • Meeting room • Coworking space • Barbecue area with grill • Gym • Outdoor fitness equipment • Playground • Laundry facilities • Complimentary bicycles • Smart lockers The project is covered by the housing law (Law 18,795), so it will include: • VAT exemption • Exemption from ITP (2% of the assessed value) • Exemption from IRAE/IRPF on rental income for 10 years, in accordance with regulations in effect as of September 1, 2019 • Exemption from the Wealth Tax for 10 years Financing available through any local bank. Be sure to consult with our advisors!! Ideal for investors due to its location!! Schedule a visit to the showroom. Price plus utilities.-

Details

Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
1
Built area
Built area
58 m²
Total
Total
80 m²
Promoted housing
Yes
Floor
1
Orientation
Norte
Parking
No

Estimated yield if you rent it out

6.4 %gross per year

The median rent for apartments with 2 bedrooms in Tres Cruces is $ 37,700 per month (4 listings). At $ 40.18 per dollar that is about U$S 11,258 a year.

This is a gross estimate: it does not deduct building fees, municipal tax, income tax or vacant months.

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Mortgage calculator

Choose how much to finance and the term, and compare the payment at each bank.

What is the property for?
Property price
USD 176,237
100%
Loan amount
USD 140,990
80%
Down payment
USD 35,247
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$ 28,934≈ UI 4,343 · USD 720Minimum household income$ 115,738payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$ 28,934≈ UI 4,343 · USD 720Minimum household income$ 82,670payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$ 28,934≈ UI 4,343 · USD 720Minimum household income$ 82,670payment can be up to 35% of incomeSimulate at Itaú ↗

Estimate based on the starting rates each bank publishes (updated automatically every month). The final payment includes insurance and fees and depends on the applicant's profile. Central Bank (BCU) rates as of 10/13/2026: USD $ 40.18 · UI $ 6.6630.

Location

Presidente Berro 2630, Montevideo Departamento De Montevideo, Uruguay, Tres Cruces, Montevideo

Open in Google Maps · Presidente Berro 2630, Montevideo Departamento De Montevideo, Uruguay, Tres Cruces, Montevideo ↗
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