4-Bedroom Apartment with Balcony/Terrace in Punta Gorda—Available Now—
$1,292,000
- 4Bedrooms
- 5Bathrooms
- 2,185 sq ftLiving area
- 2,454 sq ftLot area
About this home
4-Bedroom Apartment for Sale in Bilú Riviera – CarrascoExclusive apartment in Bilú Riviera, a prominent development located on the Rambla de Carrasco, on the site of the former Hotel Riviera. The development combines elements of the original architecture with a contemporary, high-end design by Estudio Gómez Platero. The unit features 4 bedrooms, including a master suite with a walk-in closet and private bathroom, 3 full bathrooms, a guest restroom, a spacious living-dining room, a sitting room, a separate kitchen, and a balcony/terrace. Bilú Riviera is a project consisting of just 22 units, with apartments ranging from 1 to 5 bedrooms, high-quality finishes, and excellent views. Amenities - Heated indoor pool. - Sauna. - Massage room. - Beauty salon. - Business center with meeting room. - Event room overlooking the Rambla. - Barbecue areas. - Fully equipped gym. - Heritage garden. - Optional housekeeping service. - 24-hour front desk. - CCTV. - Perimeter fence and electric gate. - Magnetic card access control. - TAG for vehicle access. - Electronic locks in the apartments. Payment Terms - 10% upon signing the reservation agreement. - 90% upon signing the purchase agreement. Expenses - Occupancy and utility connections: 6.5%. - Real estate commission: 3% + VAT. - Estimated common area fees: $36,000. Financing Bank financing of up to 80% of the property value is available, with a term of up to 25 years after occupancy, subject to credit approval. Vizcaya Real Estate Contact us for availability, financing options, and to schedule a visit. -
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
- Walk-in Closet
- Laundry Room
- Heating
- Half Bathroom
Outdoor & Recreation
- BBQ Area
Security
- 24/7 Security
- Alarm System
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$1,292,000
