1-Bedroom Apartment for Sale, Cordón AP8425439
$139,000
- 2Bedrooms
- 1Bathrooms
- 402 sq ftLiving area
About this home
1-Bedroom Apartment for Sale in Cordón Soho The unit features high-quality finishes, aluminum windows with hermetically sealed double glazing (DVH), MDF kitchen cabinets, and energy-efficient convector panels in the bedrooms, providing greater comfort year-round. It will also feature roller shades in the bedrooms and living room. Low common area fees, without sacrificing comfort. ------------------------------------------ The Building: This project combines contemporary architecture, high-quality construction, and a design tailored to today’s lifestyle. The building features 99 one- and two-bedroom apartments with terraces, spread across 10 floors, offering comfortable, bright, and functional spaces. Amenities to enjoy every day: Terrace with barbecue | Multimedia room | Rooftop | Calisthenics area and outdoor gym | Solarium | Recreational areas | Coworking Pet area | Fire pit | Laundry | Virtual concierge ------------------------------------------ The Area: Located in one of Montevideo’s fastest-growing and most rapidly transforming neighborhoods, the project is surrounded by universities, educational centers, healthcare facilities, shops, and a wide range of dining and cultural options. Its excellent connectivity allows for quick access to different parts of the city, while its proximity to the Rambla and Parque Rodó offers the chance to enjoy green spaces and outdoor activities. A dynamic and constantly evolving environment, ideal for those seeking a comfortable place to live or looking to make an investment with great potential. ------------------------------------------- Expenses not included in the price: 1) Occupancy and utility connection fees: 4% 2) Real estate agent’s fees for purchase or sale: 3% + VAT, payable upon signing the purchase agreement. Parking spaces available: ask for price. Payment Methods: 1) Financing during construction: 30% upon signing the purchase agreement – 60% during construction – 10% upon delivery 2) Cash: 80% upon signing the purchase agreement – 20% upon delivery 3) Bank financing accepted ------------------------------------------- The project is carried out under Law 18,795 (Law on the Promotion of Social Housing) and therefore offers: - Exemption from the Property Transfer Tax (ITP) - Exemption from IRAE/IRPF on rental income for 10 years - Property Tax (IP) exemption for 10 years ------------------------------------------- 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 The property details have been provided by the owner. Alvicor is not responsible for any errors, omissions, or changes made without prior notice. ABU94002 AP8425439
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
- Laundry Room
Outdoor & Recreation
- Terrace
- BBQ Area
- Balcony
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$139,000
