Apartment for sale with attractive rental income in Ciudad Vieja

$160,000
  • 1 Bedroom
  • 1 Bathroom
  • ~55 m² Total surface
  • ~55 m² Living area
  • ~5 m² Terrace surface

Description

For sale with an excellent yield of approximately 6.5% through the end of 2026, with the possibility of extension. Excellent duplex apartment in a prime location in the Old City (Ciudad Vieja), in the historic district, one block from Solís Theatre, the Rambla, and Bacacay pedestrian street. Total of 55 m² built and a lovely balcony. On the lower level it offers a living-dining room, semi-integrated kitchen, private laundry area, and access to the balcony with deck. On the upper level there is a spacious bedroom, space for a desk, and a full bathroom. Lapacho wood floors, open views, garage with a fixed space for a compact car, with automatic gate, individual electric underfloor heating, wood-burning stove, elevator, concierge service, and security camera at the entrance. Sold fully equipped with complete furniture, bed base and mattress, complete major appliances, washing machine, cooktop, built-in oven, microwave, refrigerator, various kitchen appliances, plasma TV, Wi‑Fi, and full tableware. Approximate common expenses: UYU 5,000
Features
Air-conditioningBalconyBuilt-in kitchenGarageSea/Lake viewSecurity systemTerraceFireplace
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Engel & Völkers Carrasco Montevideo

Your advisor: Gonzalo Canina

Property ID: W-02G2VS

Property details
  • Object type

    Flat

  • Bedrooms

    1

  • Bathrooms

    1

  • Garages

    1

  • Total surface

    ~55 m²

  • Living area

    ~55 m²

  • Terrace surface

    ~5 m²

  • Flooring

    Parquet

  • Building Restrictions

    Front of Building Monument

Energy efficiency information
  • Construction year

    1920

  • Type of heating

    Underfloor heating

  • Energy source

    Electric heating, Stove heating

Location: Ciudad Vieja, Montevideo

Old City: the oldest part of Montevideo, Uruguay’s capital, draws visitors with its history and culture museums and its great centuries-old monuments, e.g., the Salvo Palace or the neoclassical Metropolitan Cathedral, which overlooks the picturesque Plaza Matriz, and the Solís Theatre with its diverse performing-arts program. Lively grills fill up quickly in the indoor market at Mercado del Puerto, a traditional spot for Uruguayan food and drinks. In recent years, the “Old City” has undergone a major transformation, becoming the city’s main nightlife hub, offering a mix of trendy cocktail bars and old-school cafés. Most nightclubs are located in this area. Uruguay’s main port (the main port in southern South America) is in this neighborhood, and it is also the principal port for international ships.

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Engel & Völkers Carrasco Montevideo

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