Skip to content

1-Bedroom Apartment for Sale in Cordón, Montevideo AP7875661 - 205

Constituyente, Montevideo, Montevideo, Uruguay

$127,500

For Sale
  • 2Bedrooms
  • 1Bathrooms
  • 441 sq ftLiving area

About this home

1-Bedroom Apartment with Private Terrace for Sale in Cordón The unit features a built-in kitchen equipped with an oven, stove, and range hood, complemented by high-quality finishes such as quartz countertops and porcelain tile flooring. The bedroom has built-in closets, while the automated blind system adds convenience and a modern touch. ---------------------------------------- The Building: The project spans 13 stories, with a total of 55 one-bedroom units distributed across floors 1 through 11. On the ground floor is the main entrance with a reception area, an entry courtyard, bicycle parking, and a multipurpose room with a barbecue, restroom, and open terrace offering panoramic views of the city—designed as a space for gathering and enjoyment. The project features traditional construction with a contemporary approach, incorporating modern masonry, digital access systems, and the use of apps for a more efficient experience. The amenities were strategically designed to keep common expenses low, promoting better profitability, with an estimated annual rental yield exceeding 6%, driven by sustained rental demand in the area. Amenities: Laundry | Garden | Multipurpose Room | Barbecue Area | Sun Deck ------------------------------------------ The Area: Located on one of the main avenues in the southern part of the Cordón neighborhood, this development is situated in one of Montevideo’s fastest-growing and most promising areas. It is a well-established urban environment that combines proximity to the waterfront promenade, universities, a diverse culinary scene, cultural venues, and excellent transportation links, positioning it as one of the most attractive areas to live and invest in. The neighborhood’s ongoing appreciation and high demand for rentals reinforce its profile as a strategic option for both end-users and investors. ------------------------------------------- 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. The listed price is for cash payment; please inquire about financing options. Parking spaces available: ask for price. Payment Methods: 1) Cash: 90% upon signing the purchase agreement – 10% upon delivery. 2) Construction payment plan: 30% upon signing the purchase agreement – 60% during construction – 10% upon delivery. ------------------------------------------- Contact 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. ABU70943 AP7875661

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

  1. Identification and funds

    Prepare a valid passport or identification, powers of attorney where applicable and source-of-funds documentation.

  2. Title due diligence

    The notary reviews ownership, cadastral parcel, registry history, liens, debts, plans and the property's legal status.

  3. Reservation or purchase agreement

    Define price, currency, deposit, conditions, timelines and allocation of costs.

  4. 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

  • Laundry Room

Outdoor & Recreation

  • Terrace
  • BBQ Area
  • Balcony

Lifestyle

  • Pet Friendly

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$127,500

Concierge