La Cañada

It offers an annual return of 5% in dollars, due to high demand from both permanent residents and temporary rentals.

Taxes and expenses:

• It is exempt from all taxes under Law 18795.
• Exempt from VAT.
• Exempt from ITP (property transfer tax).
• Exempt from income tax.
• Exempt from wealth tax.
• The building has almost no monthly common expenses, allowing owners to receive the full rental income.

Location:

• It is located in the area with the highest foot traffic in Punta del Este. With the construction of the Atlántico Shopping megaproject and Tienda Inglesa, demand and rental activity in the area are expected to increase.
• Next to the La Loma Building.
• Opposite the Atlántico Shopping megaproject, which includes leading stores, Tienda Inglesa, an office building, etc.
• At Roosevelt stop 22.
• 500 m from Mansa Beach.
• Surrounded by green spaces (La Aguada promenade and La Loma Park).
• 400 m from the long-distance bus station.
• 500 m from downtown Maldonado.

Internal reference: Tera-43049.