The delivery of the units of the new tower of the Real Estate Development “Estrellas del Sur”, Tower Twenty-Five of Campiglia Constructions is scheduled for April 2018.

Alejandra González from the Commercial Department of Campiglia Constructions said to “Gente & Negocios” that the whole development includes two towers of 12 and 25 floors and a 3-storey-building on Isla de Flores St., plus several commercial premises.

A total of about 350 apartments, all of them with main terrace and laundry terrace, kitchens integrated to living and dining room with under counter and countertops furniture, forecast for air conditioning, optional garages.

The project “Estrellas del Sur” is the most important covered under the law 18.795 of the Ministry of Housing and the National Housing Agency which provides benefits both for those who buy t olive as those who buy for investment, said González. 

This is the Property Tax and the Rental Tax exemption for 10 years, and the non-payment of ITP, which adds to have excellent Financing up to 80% with the BHU and private Banks like Santander.

The executive said that the first stage of the development is already well advanced; it is a tower of 100 apartments of 1, 2 and 3 bedrooms located on Ejido St.

"We are working hard to finish the building at the end of this year and begin the delivery on the first months next year. We are convinced that it will revitalize all the surroundings providing services to the area."

TOWER TWENTY-FIVE

“Estrellas del Sur” will feature an inner Squire with games for children and sports spaces for adults where families will enjoy a completely private and secure place, 24 hour Concierge Service and large percentage of garages having one per apartment if wanted by owners. 

The first tower has been a bestseller and we have the latest items available, which has enabled us to release this new stage, stated the executive.

WORK IN PROGRESS

The delivery of its first units is scheduled for April 2018, which also means a challenge for the company in terms of short-term construction.

There are different payment options and flexibility when evaluating proposals for customers, “in recent months we have sold several units financed by the plan ‘Yo ahorro’ of the BHU where is financed up to 90% of the value of the units, also with bank financing since 80% to 20 years”, said the executive.

At this stage we have subsidized prices together with bank financing which provides up to 80% and improves with greater integration, she added. 

The units of 1 bedroom have an approximate area ranging from 50 to 60m2 according to the unit and range since U$S 109.800 with bank financing, and can be reserved for U$S 5.500. The units of 2 bedrooms range from 74 to 77 m2 of total area, since U$S143.800 and can be reserved for U$S 7.200.

Source: Gente y Negocios, diario El País.