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1-Bedroom Apartment for Sale, La Blanqueada AP8566041

Apartamento de 1 Dormitorio en Venta, La Blanqueada, Montevideo, Montevideo, Uruguay

$145,000

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

About this home

We’d like to share with you this new development located in one of the fastest-growing areas in the entire city. Situated in the La Blanqueada neighborhood, this development offers all the comforts and services you need to enjoy your home and take advantage of all the amenities it provides without ever leaving the building. A building with a modern and dynamic design that blends harmoniously with its surroundings and enhances them. It features access from Luis Alberto de Herrera and a passageway connecting to Echeandía, a quiet residential street. Surrounded by sports clubs, universities, plazas and parks, hospitals, and shops. Comprising 88 apartments with terraces, patios, and common areas for living and working. The building will feature first-class services to provide residents with the security and comfort necessary for a fulfilling lifestyle. Amenities: -Elevator -Multipurpose room -Playroom -Barbecue area -Gym -Bicycle rack Payment options: -Cash -Bank financing -Custom payment plans accepted The project is being developed under Law 18,795 (Law on the Promotion of Social Housing) Therefore, it offers: - Exemption from the ITP (Property Transfer Tax) - Exemption from IRAE/IRPF (Income Tax) on rental income for 10 years - Exemption from the IP (Property Tax) for 10 years 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. Connection fees, finishing costs, plans, and co-ownership regulations: 4% (payable upon taking possession of the unit) Real estate brokerage fees for purchase or sale: 3% + VAT, payable upon signing the purchase agreement. Follow us on social media and be the first to learn about new listings and exclusive promotions! ALVICOR PROPIEDADES Member of the Uruguayan Real Estate Association (ADIU) National Registry of Real Estate Operators No. 1289 ABU63638 AP8566041

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

  • Gym
  • Heating

Outdoor & Recreation

  • Terrace
  • BBQ Area
  • Balcony
  • Game Room

Building Services

  • Elevator

Lifestyle

  • Pet Friendly

Nearby Essentials

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

$145,000

Concierge