Stephen and Mikko
bought and lovingly restored their 1914 Montevideo home twelve years
ago. It looks like something off a movie set. In fact, it’s
regularly used as a location by the film-makers 🎬 that have been
flocking to Uruguay more than ever during the pandemic. They are
downsizing so they can be free to spend part of the year in Cape Town
and thought a Guru’Guay reader might be interested in their place.
(Tip: Make sure you have ‘display images’ turned on to really
appreciate this mail).
The house has two
storeys with a self-contained shop on the ground floor and smaller
living spaces on a further two floors. There are six bedrooms all
told, each with large ensuite bathroom 🛁. An enormous open-air roof
space is full of mature plants 🌴🌴 and comfortable seating.
The house is
currently being used as a residence but when abroad, the couple
rented out all six rooms using their extensive contacts—which
they’d be happy to share with the purchaser--with embassies, the
private university located next door. The film companies have asked
if they would rent to their production staff from Brazil. Stephen
told me they’ve never actually needed to advertise or use a
platform like Airbnb.
As you can see in
the photos, the apartment is exquisitely renovated with items sourced
locally and imported from the UK and on their travels. The roll-top
baths were brought from the UK (something they regretted when they
saw the duty payable!). As they will be downsizing, they are open to
leaving or selling a significant number of items.
One thing that is
very quirky and will not be for readers with mobility issues – the
kitchen and terrace at the top of a very gorgeous, very long curvy
wooden staircase. However there’s definitely space on the main
floor to put a kitchen there.
There is a
self-contained shop on the ground floor. The couple love their
tenant, a high-end picture framer, who is charming, super reliable
and has just renewed her five-year lease.
The location is in
Centro, a block down from what Stephen jokingly refers to as
Montevideo’s Oxford Street 🛍️. Neighbours include the Tile Museum and
the Ministry of Foreign Affairs which is in the listed building Casa
Persico. They are pioneers. Centro is not an area where you’ll
find many expats but Stephen and Mikko love it and feel very
comfortable and safe. They walk absolutely everywhere and have never
felt the need for a car. When I went out with them for lunch at their
(and outstanding) local cafe ☕ I was struck by the number of people who
greeted them warmly (despite their not speaking much Spanish).
The house will make
a wonderful residence or has the potential to be turned into
co-living or offices. To give you an idea of current income – the
shop is leased (below its market value) for 1000 USD per month, the
six rooms have been rented for 500 USD each and sporadic filming gigs
can bring in around 1000 USD per day.
The house is 627 m-sq (apx 2000-sq ft) and is on the market for 725,000 USD.
If you’d like more information, you can call Stephen or message him
via WhatsApp or iMessenger on +44 7833 661129.
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Stephen and Mikko for their support of Guru’Guay. At
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Greetings from Montevideo (btw, if you end up buying, we’ll be neighbours – I live 15 minutes walk away!)