Multi-Unit Building in Punta Carretas, Montevideo

Description

This multi-unit building is located in the upscale Punta Carretas area of Montevideo, Uruguay, close to a golf club and beach. It comprises four units, with three currently rented to expats, offering potential rental yields of 6-8%. The property features three fully furnished apartments with 5-star Airbnb ratings, a ground floor unit with a 20m² patio, and a top-floor apartment with a spacious roof terrace. The building is a renovated old structure with 3.5m high ceilings, some original stucco, and wooden floors.