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Property of the week: Excellent investment opportunity. Condo-hotel project in José Ignacio.

Casagrande is a project of apartments with hotel service, shops and private parking. The location is unbeatable and the project unique. It comprises 1, 2 and 3 bedrooms apartments starting at U$D 189k. One can use the apartment whenever one wants bearing in mind the selected apartment and system. There are more than 26 different apartments, which have been designed for the owner’s best enjoyment, whether they stay for a long or short period of time. As it works as a condohotel instead of paying annual taxes for the apartment one receives an estimated 6% rent. The development has a backing hotel management (http://tay-hotels.com ) which has a known experience in these kind of projects. This management will take care of having everything in order whenever one wants to use the facilities. Each unit will be registered under its owner’s name but assign the usufruct to the management Tay Hotels. Every semester the owners of each unit will receive a rental percentage. The condohotel will have 24 hs security and an underground parking with individual storage.

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Engel & Völkers Punta del Este
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