Engel & Völkers
Exterior view of a red building with a pool, garden, and stone pathway. The sky is blue and clear.

Investment opportunity: House for sale with excellent long-term commercial rent in Montevideo

$465,000
  • 3 Bedrooms
  • 3 Bathrooms
  • ~305 m² Total surface
  • ~218 m² Living area
  • ~679 m² Plot surface

Description

This property for sale is ideal for investment. It has been rented for several years to the same company. The contract was renewed in March 2025 with a new term of 5 years. Its current rent is $94,000 pesos per month with annual adjustments. This means it has an annual return above 6%. It also has low annual taxes. The property is developed on a unique plot of 679m². It features a living-dining room with a fireplace, a toilet, and a kitchen with a daily dining area, 3 bedrooms: 2 suites, one with closets and the other with a dressing room, the third bedroom with closets. At the backyard, we find a smaller second house with three independent rooms and a bathroom. It offers a barbecue area with a grill and a swimming pool. All rooms are currently arranged as consulting rooms. The garage has an automatic gate. Contact us for more information.
Features
Air-conditioningGarageGardenPatioSwimming pool
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Engel & Völkers Carrasco Montevideo

Your advisor: Carlos Tibocha

Property ID: W-047N7X

Property details
  • Object type

    Detached House

  • Condition

    Very good

  • Bedrooms

    3

  • Bathrooms

    3

  • Number of Floors

    1

  • Garages

    1

  • Parking spaces

    1

  • Total surface

    ~305 m²

  • Living area

    ~218 m²

  • Plot surface

    ~679 m²

Location: Carrasco Norte, Montevideo

Carrasco Norte, the neighborhood where the property is located, is situated north of Carrasco, one of the most exclusive neighborhoods in the Uruguayan capital. It hosts significant service centers like the Portones Shopping Mall, major office complexes like Art Carrasco Business Center, and a variety of bilingual schools. Located 30 minutes from downtown Montevideo, 20 minutes from Zonamerica, and 10 minutes from Carrasco International Airport.

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Engel & Völkers Carrasco Montevideo

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