1-Bedroom Apartment in Cordón
$131,840
- 2Bedrooms
- 1Bathrooms
- 415 sq ftLiving area
About this home
A new development in Cordón Sur, in one of the areas with the highest demand for rentals and real estate investment, according to the latest available reports. ÁGORA consists of 55 one-bedroom units, designed with efficient layouts and high-quality finishes, located in the heart of the Cordón neighborhood on Av. Constituyente between Minas and Magallanes—a strategic location due to its connectivity, amenities, and high rental demand. Project Features: A building with 55 one-bedroom apartments, arranged in groups of 5 units per floor, across a total of 11 stories. It also features 28 parking spaces and amenities commensurate with its size. Amenities: Common areas on the ground floor and top floor Sun deck Laundry room Clothesline area Prices: Real estate commission: 3% + VAT (paid upon signing the purchase agreement) Closing costs: 5% Estimated delivery: December 2027 Affordable Housing Apartments covered by the Affordable Housing Act offer significant benefits to buyers Exemption from the Property Transfer Tax (2% of the cadastral value) VAT exemption Exemption from wealth tax for 10 years Exemption of up to 100% of income tax on rental income for 10 years, depending on the property’s location Investing during the launch phase gives you access to special prices and exclusive terms, which will not be available once construction begins. In a market with many options, identifying an opportunity with a solid foundation is key to maximizing your return. Take advantage of this opportunity! We look forward to hearing from you—we want to help you take the next step toward fulfilling your dream. RAZA PROPIEDADES We Are the Evolution of Real Estate RBU68784 AP8483001
Buying in Uruguay as a foreigner
Yes, foreigners can buy property in Uruguay.
A purchase is normally formalized through a public deed, notarial involvement and registration with the Property Registry.
- Near coasts and borders
- Uruguay does not apply a nationwide restricted zone for foreign buyers equivalent to Mexico's coastal zone or border strips in other countries. This field is retained only to preserve the common schema.
- Residency
- Tax residency available for property investment of ~$380,000 USD (plus 60 days presence). Path to citizenship is clear.
- Taxes and closing costs
- They depend on the state, the municipality and the property itself, so there is no single national figure. Ask the agent or our Concierge for an estimate on this home.
- Financing
- Financing for foreign buyers depends on the lender, residency, income, financial history, currency, down payment and property type.
How buying works
Identification and funds
Prepare a valid passport or identification, powers of attorney where applicable and source-of-funds documentation.
Title due diligence
The notary reviews ownership, cadastral parcel, registry history, liens, debts, plans and the property's legal status.
Reservation or purchase agreement
Define price, currency, deposit, conditions, timelines and allocation of costs.
Deed and registration
Execute the public deed, pay applicable taxes and fees and register the document with the corresponding Property Registry.
This information is general and educational. Taxes, costs, documentation requirements and transaction-specific conditions should be verified with a notary, attorney, accountant, bank or competent authority. Research last reviewed July 2026.
Amenities
Indoor & Comfort
- Laundry Room
Outdoor & Recreation
- Terrace
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$131,840
