1-Bedroom Apartment for Sale in Malvín AP7686917- 804
$187,900
- 2Bedrooms
- 1Bathrooms
- 432 sq ftLiving area
About this home
1-Bedroom Apartment for Sale with a Spacious Terrace A bright and functional apartment where every room opens directly onto a spacious terrace, ensuring excellent natural light in every space. It features a semi-integrated kitchen designed for practicality, as well as space and hookups for a washing machine. The terrace and living areas offer unobstructed views. ------------------------------------------ The Building: Comprising three towers with elegant architecture, it offers 1- and 2-bedroom units designed to suit a dynamic lifestyle. Its concrete facades and glass railings enhance the light and views, offering each apartment unique vistas ranging from the city skyline to the ocean horizon. The project is complemented by a vibrant ground-floor level open to the public, featuring a mini-mall with 14 stores, children’s play areas, and pet-friendly spaces—creating a true hub for socializing and services. Amenities: Swimming pool with sun deck | Gym | Co-working space | Meeting room | Barbecue areas | Terraces | Playroom | Children’s room | Storage rooms | Bike racks | Laundry room | Pet grooming | 24-hour security | Underground parking. ------------------------------------------ The Area: Strategically located at the intersection of Malvín, Parque Batlle, and Buceo, the project is situated in one of Montevideo’s fastest-growing areas undergoing urban renewal. An environment that combines proximity to the coast, expansive green spaces, and an excellent array of services, shops, restaurants, educational institutions, and workplaces. Well-connected, bustling around the clock, and highly accessible, it is an ideal location for both living and investing—where everything is close by and the quality of life is evident in every detail. ------------------------------------------- Additional Information: Expenses payable by the buyer: 1) Occupancy fees: 4.5% 2) Real estate agent’s fees for purchase or sale: 3% + VAT, payable upon signing the purchase agreement. Parking spaces available: please inquire about price. Payment Methods: 1) Payment with bank financing: 5% Deposit - 10% Purchase Agreement - 35% Installments during construction - 50% Upon Move-in (this percentage is financed by the bank). 2) Financing during construction: 10% reservation - 20% commitment - 60% installments during construction - 10% upon occupancy ------------------------------------------- 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 - Exemption from Property Tax (IP) 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. ABU69269 AP7686917
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
- Spa
Outdoor & Recreation
- Terrace
- BBQ Area
- Balcony
- Game Room
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$187,900
