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Hostel with excellent rent

House, Buy | Uruguay, Montevideo, Ciudad Vieja
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480.000 USD
Approx. 447.845 EUR
Price
Bedrooms-Icon
30
Bedrooms
Bathrooms-Icon
5
Bathrooms
Living area approx.-Icon
457 m²
Living area approx.
Plot surface approx.-Icon
291 m²
Plot surface approx.
Price-Icon
480.000 USD
Approx. 447.845 EUR
Price

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What you should know about this house


Amenities and special features of this house

Beautiful colonial style house from 1870, completely recycled in 1990 and everal times to keep it in good condition. It is located in the Old Town of Montevideo in one of the main tourist’s areas. The house is built in two levels featuring 30 rooms, 5 bathrooms, 2 kitchens, laundry facilities and 3 large terraces. The hostel shows good occupancy rates due to its proximity to the financial sector of Montevideo, the hospital Maciel and is very attractive for students. The property itself is an interesting place for investors who like the old town of Montevideo.


Ciudad Vieja: Location and surroundings of this property

The "Ciudad vieja" is the old town of Montevideo. Several companies, ministries, state offices, banks, museums, art galleries and cultural centers, as well as restaurants, discos, and bars are located here. There are numerous constructions of great value from the colonial era or the first decades of Uruguay's independence. The neighborhood also provides several museums, including the Torres García Museum, the Gurvich Museum, the Figari Museum, the MAPI - Museum of Pre-Columbian and Indigenous Art and the Museum of Decorative Arts (installed in the Taranco Palace). We can also find the site where José Gervasio Artigas, a hero of the Eastern Republic of Uruguay, was born in 1764. The Ciudad vieja is the traditional heart of Montevideo that attracts a lot of attention from those who love history.


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Engel & Völkers Carrasco Montevideo
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Commission Details

Availability upon agreement. This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Taxes, notary and register fees must be paid by purchaser, the commission to E&V is 3% plus V.A.T. of the value, must also be paid by the buyer as stipulated by Uruguayan regulations.


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