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1-Bedroom Apartment for Sale, Pocitos Nuevo AP8436325 - 303

Rizal, Montevideo, Montevideo, Uruguay

$172,000

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

About this home

1-Bedroom Apartment with Terrace for Sale in Pocitos Nuevo This unit stands out for its excellent finishes and high-quality features, designed to provide greater comfort and efficiency: - Windows with DVH double-pane glass, which provide excellent thermal and acoustic insulation. - Exterior roller shades in the bedrooms, offering greater privacy, comfort, and control over natural light. - Built-in closets in the kitchen, bathrooms, and bedrooms, optimizing storage space and the functionality of each room. - Kitchens equipped with a stainless steel range hood and an induction cooktop. ------------------------------------------ The Area: Located in Pocitos Nuevo, this project is situated in one of Montevideo’s most sought-after neighborhoods. Just one block from Montevideo Shopping and a few minutes from Puertito de Buceo and La Rambla, it offers a strategic location that combines excellent connectivity with a wide range of services, shops, restaurants, and recreational spaces, providing an exceptional quality of life. ------------------------------------------- The building: It consists of 42 studio and one-bedroom apartments, spread across 5 floors. Developed by a company with extensive experience and a track record of successfully completed projects, it stands out for its contemporary design, spacious and functional layouts, and a concept designed for everyday comfort. Additionally, all units feature a terrace, providing greater natural light, ventilation, and a valuable space for enjoying the outdoors. Amenities: Dual barbecue | Sun deck | Gym | Deck with landscaped patio and openwork pergola | Laundry room ------------------------------------------- Expenses not included in the price: 1) Occupancy and utility connection fees: 5% 2) Real estate agent fees for purchase or sale: 3% + VAT, payable upon signing the purchase agreement. Parking spaces available: check price. Payment Methods: 1) Financing during construction: 10% down payment – 20% upon signing the purchase agreement – remaining 70% in installments 2) Cash ------------------------------------------- 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 Affiliated with 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. ABU94063 AP8436325

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
  • Laundry Room

Outdoor & Recreation

  • Terrace
  • BBQ Area
  • Balcony

Lifestyle

  • Pet Friendly

Nearby Essentials

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

$172,000

Concierge