La Nación, Real Estate Section
MONTEVIDEO, Vitrium Capital goes ahead in the development of 01 Del Centro a two 11-storey towers connected by a skyway bridge offering 81 apartments. “The Uruguayan market is reliable, and projects in the excavation stage increase their value. In this case, we foresee a 15% increase and a 6% gross annual return”, explains Federico Gagliardo, the Developers CEO.
US$ 97,000: Startup price for 42m² one-bedroom apartments.
US$ 2,280: Value per m²
460. Number of projects in Uruguay during the last six years.
US$ 11 million. Investment planned for this development.