1-Bedroom Apartment for Sale on Rambla O'Higgins, Montevideo
$225,000
- 2Bedrooms
- 1Bathrooms
- 506 sq ftLiving area
- 635 sq ftLot area
About this home
1-Bedroom Apartment for Sale in Malvín – Torre Arenas | Available Now An excellent opportunity for a primary residence or investment in Torre Arenas, a modern residential complex located on the corner of Rambla O'Higgins and 18 de Diciembre in Malvín. Brand-new unit on the 6th floor, featuring 1 bedroom, an open-concept living-dining room with a large window, an open-concept kitchen, and a full bathroom. Its functional and bright layout makes it an excellent choice for those seeking comfort, location, and amenities. Unit available for immediate occupancy. Torre Arenas is located in a highly sought-after residential area, close to the Rambla, green spaces, shops, schools, services, dining options, and with excellent access to various parts of Montevideo. Amenities - Panoramic swimming pools. - Hot tubs. - Gym. - Fitness area. - Solarium. - Barbecue areas. - Event rooms. - Laundry facilities. - Spacious common areas. Optional parking spaces Starting at USD 30,000. Price includes VAT. Payment Terms and Financing - 10% down payment. - 40% upon signing the purchase agreement and move-in, 30 days after the down payment. - 50% balance due after move-in, financeable in up to 240 monthly installments. - Financing subject to credit approval. - The balance is financed in Indexed Units (UI), with an annual interest rate of 6.6%. - Post-occupancy installments include interest. Expenses - 4% of the price upon occupancy, covering utility connections, interior finishes, survey plan, and co-ownership regulations. - Real estate commission: 3% + VAT. An excellent option for those looking for a brand-new 1-bedroom apartment in Malvín, with immediate occupancy, amenities, and post-occupancy financing. Vizcaya Real Estate Contact us for pricing, availability, garage options, and financing terms. Images are for illustrative purposes only. -
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
- Gym
- Heating
Outdoor & Recreation
- BBQ Area
- Game Room
Security
- 24/7 Security
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$225,000
