Logo de Mamba Propiedades Mamba Propiedades
For sale Apartment

Nostrum Garden Building - Studio · 33 m²

Prado, Montevideo

U$S 97,479

21% below the area's price per m²

Compared with 60 buildings with studios in Montevideo listed on this site, with a median of U$S 3,747/m².

This listing: U$S 2,954/m². Its own building is not part of the comparison.

Ref. ML-1064696948
Part of the Nostrum Garden project
1 / 18

Description

Studio apartment for sale in Prado, Montevideo: 33 m² built and 48 m² total, U$S 97,479 (U$S 2,954 per m²), floor 1, facing Oeste, 1 bathroom.

NOSTRUM GARDEN is a project located on a spacious lot with three street fronts, on the site of the former Ford Factory, on Sitio Grande Street between Cuaró and Buricayupí. Its extensive footprint along all three sides gives the project high visibility from and to the immediate surroundings. Its proximity to the city’s main thoroughfares, such as Agraciada Avenue and General Artigas Boulevard, as well as its proximity to Prado Park, provide excellent connectivity throughout the city. WHERE ARCHITECTURE BLENDS WITH NATURE IN EVERY DETAIL NOSTRUM GARDEN fosters a dialogue between the past and the future, incorporating the repurposing of a landmark section of the existing building and the integration of the water tower from the former Ford Factory. Developed as a condominium complex, it comprises studio units and 1-, 2-, and 3-bedroom units. It consists of a three-level basement (9 m high) and two 7-story towers atop basements 1 and 2, located at the corners to crown the complex. It features a lower basement level designated for parking and utility areas. The project falls under the Subsidized Housing Act: Law 18,795. Led by the architectural firm Gómez Platero Arquitectos, the project defines a new residential concept in the heart of the city, enhancing its integration with the surrounding landscape and developing a large-scale project. OPTIMIZATION OF INTERIOR SPACES NOSTRUM GARDEN offers the warmth of home with its studio, 1-, 2-, and 3-bedroom apartments, designed to maximize enjoyment and efficient use of every space. The spacious and functional living-dining room stands out for its high-quality design and efficient use of space, featuring an entry door with an electronic lock, durable wood-look vinyl flooring, black aluminum windows with built-in curtains, and a split-system heat-and-cool air conditioner. This space invites you to enjoy family time and gatherings with friends, offering a comfortable and modern atmosphere. The bedrooms and hallways meet the same high standards, featuring vinyl flooring, black aluminum windows, and provisions for air conditioning. Designed to provide comfort and privacy, with details that enhance the home’s aesthetics and functionality. The bathrooms exude elegance with gray porcelain tile, light-colored ceramic tile, white bathroom fixtures, single-handle faucets, and built-in vanity with a mirror. Delivery: December 2027.— INDOOR AMENITIES • Gym with state-of-the-art equipment. • Two barbecue areas with grill masters. • Coworking space and 2 meeting rooms. OUTDOOR AMENITIES • Playground. • Vegetable garden. • Landscaped outdoor walking path with decorative lighting. • Outdoor terrace for yoga. UNITS ELIGIBLE FOR BENEFITS UNDER THE PROMOTED HOUSING LAW A PROJECT WITH SIGNIFICANT TAX EXEMPTIONS • Exemption from the Property Transfer Tax (ITP) (2% of the assessed value). • Exemption from VAT. • Exemption from the Wealth Tax for 10 years. (The exemption takes effect upon completion of construction as certified by the BPS.) • Exemption from income tax on rental income for 10 years (IRPF/IRAE). Be sure to consult with our advisors!! Ideal for investors due to its location!! Price plus utilities.-

Details

Bedrooms
Studio
Bathrooms
Bathrooms
1
Built area
Built area
33 m²
Total
Total
48 m²
Promoted housing
Yes
Floor
1
Orientation
Oeste
Parking
No

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 97,479
100%
Loan amount
USD 77,983
80%
Down payment
USD 19,496
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 16,006≈ UI 2,394 · USD 398Minimum household income$U 64,023payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 16,006≈ UI 2,394 · USD 398Minimum household income$U 45,730payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 16,006≈ UI 2,394 · USD 398Minimum household income$U 45,730payment 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 11/1/2026: USD $ 40.19 · UI $ 6.6850.

Location

Montevideo, Prado, Montevideo

Open in Google Maps · Montevideo, Prado, Montevideo ↗
Learn more about this Project →