3-Bedroom Apartment for Sale in Malvin - Nostrum Malvin Building

WELCOME TO NOSTRUM MALVÍN. TWO TOWERS DESIGNED AND DEVELOPED WITH YOU IN MIND. In a part of the city known for its high quality of life and a comprehensive range of services that meet all your needs and those of your loved ones. A residential project located in eastern Montevideo, in an area undergoing urban transformation with significant commercial and construction development, but which, above all, treasures in its spacious, tree-lined areas, parks, and plazas the pleasure of strolling and walking—that unique identity so closely associated with family life in Malvín. Situated on Avenida Italia, it boasts the best transportation access, urban amenities, and services in the country—all designed to meet the needs of every family member—and stands out as an iconic development in the area. The project is close to everything: 15 minutes from downtown, 10 minutes from the World Trade Center, 5 minutes from Carrasco, 15 minutes from Zonamérica, and just a few blocks from the Rambla. Additionally, it’s close to the best schools, Portones Shopping, the new Plaza Italia Shopping Center, and Club Malvín. Nostrum Malvín is an innovative design concept by Carlos Ott in partnership with Carlos Ponce de León Arquitectos, tailored to the site’s urban constraints along one of the city’s main thoroughfares. Through its height and floor area ratio, it offers a distinctive residential program for Montevideo and its unique setting. It received the 5-star award for best multi-family residence in Uruguay at the 27th edition of the International Property Awards Architecture 2018–2019, an organization that annually recognizes projects with the greatest architectural value worldwide. The project will feature studio, 1-, 2-, and 3-bedroom units. Nostrum Malvin will feature: • Entrance lobby with contemporary furnishings • State-of-the-art elevators • Wi-Fi in common areas • Access control with coded cards • CCTV • Units with digital locks • Outdoor playgrounds for children • Fitness equipment • Multipurpose rooms (with furniture for coworking spaces) • Pet garden • Universal accessibility • Backup generator • Optional bike racks • Optional garages Inquire about studio, 1-bedroom, and 2-bedroom units. Delivery: April 2025. The project is covered by the housing law (Law 18,795), and as such 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 Be sure to consult with our advisors!! Ideal for investors due to its location!! Price plus utilities.-