Engel & Völkers
Modern, three-story building with balconies and black railings. "Edificio Penino" sign above the entrance. Engel & Völkers logo visible.

Modern and functional project. Ideal for investment or home ownership. For sale. 1B.

$126,000
  • 3 Rooms
  • 1 Bedrooms
  • 1 Bathrooms
  • ~47 m² Total surface
  • ~36 m² Living area
  • ~12 m² Terrace surface

Description

The Penino Building is a modern real estate development in Montevideo, Uruguay, located between the La Blanqueada neighborhood and the La Unión neighborhood (Escocia 2241), near Avenida Italia and Bulevar Batlle y Ordóñez. It is a project of 15 apartments distributed over 3 floors, with studio units, 1-bedroom, and 2-bedroom units. The units on the ground floor have comfortable private patios, while the apartments on the upper levels (1 and 2) offer spacious terraces to enjoy the outdoors. Modern, functional design with low maintenance costs. PRICE INCLUDES OCCUPATION EXPENSES - Studio from U$S 98,900 - 1 Bedroom from U$S 126,000. - 2 Bedrooms from U$S 149,000 Delivery scheduled for March 2026 and tax benefits under the Promoted Housing Law (Law 18.795) such as exemption from the Property Transfer Tax (ITP) and IRAE/IRPF on rental income for 10 years. Inquire about financing options. Each of the units has a special distinction, highlighting the front units with truly unobstructed views and a privileged east orientation, ensuring majestic sunrises and additionally, some have exclusive use of their rooftop.
Features
Air-conditioningSecurity systemTerrace
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Engel & Völkers Carrasco Montevideo

Your advisor: Rosario Collazo

Property ID: W-048GXC

Property details
  • Object type

    Other

  • Rooms

    3

  • Bedrooms

    1

  • Bathrooms

    1

  • Number of Floors

    3

  • Total surface

    ~47 m²

  • Living area

    ~36 m²

  • Terrace surface

    ~12 m²

  • Flooring

    Synthetic

Location: Unión, Montevideo

A modern project that redefines urban living, offering an unparalleled opportunity for those seeking comfort and tranquility in a residential street, just two blocks from Batlle y Ordóñez Boulevard and four from Avenida Italia. Privileged location and total connectivity in a strategic location near hospitals, bus stops, sports and study centers, as well as supermarkets and other services.

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Engel & Völkers Carrasco Montevideo

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