Engel & Völkers
Lobby with white sofas, a red rug, and a colorful tapestry on the wall. A wooden ceiling and marble walls add texture.

Interesting investment in the Center. Former hotel building.

$4,900,000
  • 104 Rooms
  • ~4,452 m² Total surface

Description

A category building is offered for sale located in the heart of Montevideo, consisting of two towers arranged in an "L" shape within a single plot, with frontage on two streets. Its structure includes two basements, a ground floor, and nine upper levels, culminating in a walkable rooftop. The property was conceived and operated as a four-star hotel, developing a total of 4452 m² built. Currently, it is a property of interest for conversion projects such as co-living, corporate rental, student residence, or mixed-use. The programmatic distribution includes: 104 rooms, all with private bathrooms and air conditioning units. Four of these, of superior category, are located on the ninth floor. Spacious reception, lounge, cafeteria, and conference room. Rooftop pool, solarium, and gym. Complete sanitary infrastructure for staff, with separate changing rooms and toilets for male and female use. The complex features extensive common and technical areas, distributed on the ground floor, basements, and mezzanines, suitable for services and operational support. The strategic location in the micro-region with the highest pedestrian and vehicular traffic in Montevideo guarantees high potential yield, both in traditional format and in real estate conversion schemes. ID 5239
Features
Air-conditioning
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Engel & Völkers Carrasco Montevideo

Your advisor: Beatriz Bezon

Property ID: W-030OFN

Property details
  • Object type

    Flat

  • Rooms

    104

  • Total surface

    ~4,452 m²

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Engel & Völkers Carrasco Montevideo

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