1-Bedroom Apartment for Sale, Cordón AP5561431
$131,900
- 2Bedrooms
- 1Bathrooms
- 475 sq ftLiving area
About this home
The building is located on Uruguay Avenue, just a few meters from Tristán Narvaja, in a well-established urban area with excellent transportation links. It is a residential and commercial area with a variety of services and excellent infrastructure, close to healthcare facilities, schools, and universities. The building is designed with 11 stories and 39 units, including 1 studio, 36 one-bedroom apartments, and 2 two-bedroom apartments. With a north-south orientation, all units feature a balcony or patio. Natural lighting and ventilation with unobstructed views—what are you waiting for? Inquire about yours today! Amenities: -Parking spaces -Common room -Barbecue area Occupancy and connections: 4% Submit an inquiry or schedule a tour of the property—we’re here to help you make the best decision. Follow us on social media and be the first to hear about new releases and exclusive promotions!! The project is being developed under Law 18.795 (Law on the Promotion of Social Housing), which provides the following benefits: - Exemption from the ITP - Exemption from IRAE/IRPF on rental income for 10 years - Exemption from IP for 10 years The information contained in this document has been provided by the property owner. Alvicor Propiedades is not responsible for any changes, discrepancies, or modifications to this document. Real estate commissions for purchase or sale: 3% + VAT, payable upon signing the purchase agreement. Commission payments are made upon signing the purchase agreement or deed of sale. ALVICOR PROPIEDADES Member of the Uruguayan Real Estate Association (ADIU) National Registry of Real Estate Operators No. 1289 ABU51184 AP5561431
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
Outdoor & Recreation
- Terrace
- BBQ Area
- Balcony
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$131,900
