1 Bedroom Apartment in the middle of José Ignacio

Property Details

Description

Would you like to fully own a unit in the unique Casagrande Hotel/Condo complex in José Ignacio, within walking distance of shopping, restaurants, the Mansa and Brava beaches, and the town? Casagrande offers that and much more, with its unbeatable location and management services. No maintenance hassles and a good rental return if the unit is placed in the rental pool. Because it operates like a condo-hotel, it generates income even when you are not using it. Instead of paying annual taxes and utility bills for the apartment, you receive an estimated 5–6% rent. Owners can use their units whenever they want, and if they do, the cost is deducted from the total income. This 1-bedroom unit is one of the best, located on the top floor and facing east with green views of the park behind. The ocean can be seen from the spacious terrace when standing. There is no noisy road in front, and the bedroom faces the atrium, making it very quiet. The unit consists of a living/dining room with a kitchenette, a good-sized bathroom with a shower and a window for air circulation, and a large bedroom with a king-size bed, a built-in closet, and a TV. Both rooms are equipped with split AC systems that work very well at heating the unit in winter and cooling it in summer. The terrace is semi-covered with a wood deck, all done in high-end "Lapacho" wood, providing some shade when sitting outside in the morning, drinking coffee, and just enjoying the outdoors. The current owners never rented it and used it solely for themselves, and it is well taken care of. The apartment comes fully furnished by the design of Casagrande. It can be easily added to the rental pool to earn some return and is a very good investment in a town where most real estate costs a million or more. The quality of the solid concrete building and all the services, such as the pool, roof terrace with BBQ stations, on-site restaurant, and activities provided by the hotel, should be highlighted, as should the 24-hour security and the covered underground parking. A safe, practical, and very enjoyable investment with a good return in the most sought-after spot on the Punta del Este coast by José Ignacio.

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