Byron Lutz -- Land in Uruguay
U.S. Telephone (Lake Worth, Florida): (561) 582-7801
Email: byronlutz@hotmail.com

Apartment Hotel &
Leased Restaurant in Montevideo

Seven-Floor Apartment Building with Ocean View

Located in Montevideo, Uruguay


This terrace building with operating restaurant in Montevideo-Pocitos
is situated in one of the most elegant quarters of Montevideo, with many
shopping and leisure opportunities. It is located near the most beautiful city
beach, peaceful and safe.

DETAILS AS FOLLOWS:
Ground surface: Approx. 1,200 square feet
Total apartments: Approx. 5,000 square feet
Special features: 2-floor penthouse apartment
Show windows: Approx. 6 x 35 feet.

RESTAURANT:
The restaurant has 60 seats plus 40 seats outside in the sidewalk cafe. It is totally
equipped, with good turnover, and is currently leased for about US$1,200 per month
(US$14,000 per year). The kitchen equipment, tables, etc., are owned by the building
and leased by the current tenant which has a four-year contract. The restaurant was
recently renovated with two new bathrooms.

The restaurant is located on the ground floor, and there are 6 more floors above it,
including 4 apartments and a three-room dwelling. Highlights include open fireplaces,
balconies, terraces (also on the roof), outdoor barbecues, and an ocean view from each floor --
although the only really good views are from the top three floors.

APARTMENT RENTAL RATES:
For rates please CLICK HERE.

LOCATION:
The apartments are located in the exclusive "Pocitos" quarter, about 100 yards from the
sea and 200 yards from the best beach of the city. This is an wonderful location for living
and business, near shopping centers, the World Trade Center, the yachting club and the
golf club. The address is Francisco Vidal 649, located at the corner of 21 de Setiembre.

OTHER: The building has Wi-Fi Internet installed, and Cable TV.

-- GROUND FLOOR: Restaurant with 1,200 square feet and U-shaped bar.

-- 2nd FLOOR: Office-apartment with 800 square feet and balcony,
plus two extra large public bathrooms and laundry area.

-- 3rd FLOOR: Three-room dwelling with 800 square feet and balcony.

-- 4th FLOOR: Apartment with 420 square feet and a 280-square-foot
terrace, open fireplace and outdoor barbecue.

-- 5th FLOOR: Apartment with 420 square feet and 130-square-foot
balcony, open fireplace, and large Roman bathtub made of marble

-- 6th FLOOR & 7th FLOOR: Apartment has 130 square feet and balcony
on the 6th floor and 200 square feet with 150 square feet of terrace with barbecue
on the 7th floor.

BUILDING INFO: Year of construction was 1922; it was completely
remodeled between 1986-1989. Additional renovations were done this year.

MORE BUILDING INFO: Apartments from the 3rd floor on were built in 1997,
using the same thick walls of the original building. It's an excellent property in an
exclusive location. It has been used as a restaurant with apart hotel, but it can
perfectly be used for other commercial purposes, the apartments can be rented
normally, or subdivided into condominiums.


View from One of the Upper Floors:

Nice Internal Features:

Office Apartment:

Apartments 2a, 2b & 2c
(Apartments with shared bath on the Third Floor):

Apartment 3 with photos showing patio balcony & view
(Located on Fourth Floor):

Apartment 4 (Located on Fifth Floor):

Apartment 5
(Two Levels -- Located on Sixth & Seventh Floor):

Street level (Restaurant Entrance & Sidewalk Tables):

Looking toward the water on 21 de Setiembre
from in front of the restaurant:

Restaurant Views:

View of Pocitos, where the building is located:

Looking Down Across the Street at a Sidewalk Cafe:

A Beach View:


Argentina Land - Farms and Vineyards


Email Us: byronlutz@hotmail.com
Or call Byron Lutz in Lake Worth, Florida, USA: (561) 582-7801