1-Bedroom Apartment for Sale, Cordón AP7756019-605
$131,500
- 2Bedrooms
- 1Bathrooms
- 447 sq ftLiving area
About this home
1-Bedroom Apartment with Terrace for Sale This modern residential project offers a smart investment in the heart of the city, combining contemporary design, functionality, and a strategic location. The building spans 11 floors and features a total of 46 apartments, including 1-, 2-, and 3-bedroom units, designed to accommodate different lifestyles and modern needs. The design responds to new ways of living and working, prioritizing comfort, practicality, and shared spaces that enhance the quality of urban life. A project designed for those seeking a strategic location, good design, and potential for value appreciation in one of the city’s most established and vibrant neighborhoods. ----------------------------------- The Building: Constructed with a reinforced concrete structure and featuring excellent thermal and acoustic insulation, ensuring comfort and durability. The apartments feature high-traffic SPC wood-look flooring and black anodized aluminum windows with roller shades in the bedrooms. Kitchens come fully equipped with base and wall cabinets, quartz or granite countertops, and top-quality faucets, while bathrooms feature imported porcelain tile and modern finishes. Amenities: Rooftop | Enclosed barbecue area with grill | Coworking space | CCTV camera system | Bike parking Optional Features: Home automation | Parking with electric charging station | Furnishing kits for units ---------------------------------- The Area: Located in Cordón Sur, just steps from Av. 18 de Julio and very close to the Tres Cruces Shopping Center and Parque Batlle. A dynamic area with excellent connectivity, a wide range of services, transportation options, shopping centers, and green spaces—ideal for both living and investing. ------------------------------------------- Additional Information: Expenses payable by the buyer: 1) Occupancy fees: 4% 2) Real estate agent’s fees for purchase or sale: 3% + VAT, payable upon signing the purchase agreement. Garages available: ask for price. Payment Methods: 1) Construction Schedule: 10% Reservation deposit - 25% Upon signing the purchase agreement - 55% In installments during construction - 10% Upon delivery of the unit. 2) Cash: 80% upon signing the purchase agreement – 20% upon delivery of the unit. 3) Bank financing accepted. ------------------------------------------- Tax Exemptions: The project is carried out under Law 18,795 (Law on the Promotion of Social Housing) and therefore qualifies for: - Exemption from the Property Transfer Tax (ITP) - Exemption from IRAE/IRPF on rental income for 10 years - Property tax (IP) exemption for 10 years The information contained in this document has been provided by the property owner. ------------------------------------------- Write to us and schedule your visit! Follow us on social media at @alvicorpropiedades and be the first to hear about new listings and exclusive promotions! ALVICOR PROPIEDADES Member of the Uruguayan Real Estate Association (ADIU) National Registry of Real Estate Operators No. 1289 Alvicor Propiedades is not responsible for any changes, discrepancies, or modifications to this document. ABU69939 AP7756019
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
- BBQ Area
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$131,500
