1-Bedroom Apartment for Sale in Cordón AP6749467
$125,900
- 2Bedrooms
- 1Bathrooms
- 393 sq ftLiving area
About this home
A new development is coming, and we want you to check it out! Located in Cordón, it’s the perfect solution for those looking to live in a dynamic area with excellent public transportation access and a low cost of living. Nearby, you’ll find downtown Montevideo, City Hall, the Schools of Law and Social Sciences, the University of the Republic, and other prominent institutions. The area offers excellent public transportation access via Colonia Street or 18 de Julio Avenue. The building combines quality, design, and comfort, featuring 70 units with options ranging from studio apartments to warm and spacious 1- and 2-bedroom units, all designed for a modern lifestyle. Amenities: -Elevator -Garage (ask for price) Occupancy and connections: 4% Payment Options Cash: 80% reservation deposit and 20% upon delivery Construction payment plan: 35% reservation deposit and 65% during construction Bank financing is not accepted. 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 learn about new listings and exclusive promotions!! 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 commission for purchase or sale: 3% + VAT, payable upon signing the purchase agreement. Real estate commission for rentals: 1 month’s rent + VAT, payable upon signing the lease. Commission payments are made upon signing the purchase agreement or contract of sale. ALVICOR PROPIEDADES Member of the Uruguayan Real Estate Association (ADIU) National Registry of Real Estate Operators No. 1289 ABU61658 AP6749467
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.
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$125,900
