Studio Apartment for Sale WITH TENANT, in Parque Rodó AP14306903
$117,000
- 1Bedrooms
- 1Bathrooms
- 403 sq ftLiving area
About this home
Studio apartment with patio for sale WITH TENANT in Parque Rodó, steps from the rambla. The unit is being sold with a tenant, making it an excellent investment opportunity to generate income from the moment of purchase. It stands out for its functional design, well-utilized spaces, and large windows that provide natural light and a connection to the outdoors. UNIT FEATURES: - Open-plan living space with a functional layout. - Private patio with barbecue grill. - Imported aluminum frames with hermetic double glazing (DVH). - 4 mm wood-look vinyl flooring. - Fully fitted kitchen cabinets. - 2-burner cooktop. - Built-in oven. - Range hood. - Bathroom finished with high-quality porcelain tile or ceramic. LOCATION: Located in Parque Rodó, one of Montevideo’s most attractive and dynamic neighborhoods, steps from the rambla and surrounded by services, green spaces, and cultural attractions. Its excellent surroundings make it easy to find everything nearby: universities, institutes, schools, supermarkets, medical centers, restaurants, and shops. It also offers easy access to Centro, Ciudad Vieja, the beach, Parque Rodó, the street market, and the main shopping centers. THE DEVELOPMENT: A modern design concept that combines materials, textures, and functionality, making the most of its site to open up the side façade and enhance the views toward the sea. The building has 7 floors and comprises 79 studio, 1-bedroom, and 2-bedroom units, as well as 50 garage spaces, 30 storage units, and a commercial space. Its spaces are characterized by open-plan layouts, large windows, and a carefully selected range of materials and finishes. AMENITIES: - Coworking space. - Free Wi-Fi in common areas. - Laundry room with card-operated system. - Bicycle parking. - Two fully equipped event rooms. - Electric vehicle charging station. - Provision for connecting solar panels. - Waste sorting system. - CCTV security cameras. - Outdoor exercise area. - Courtesy parking space. - Locker for receiving online purchases. Event spaces: the building has two equipped rooms, one on the ground floor with a landscaped patio and another on the third floor, with a panoramic terrace and outdoor barbecue grill. ADDITIONAL INFORMATION: - Garage spaces available, not included in the sale price. - Real estate fees: 3% + VAT, payable upon signing the purchase and sale agreement. Contact us to schedule your visit and discover this opportunity! Follow us on social media at @alvicorpropiedades to be the first to hear about new launches and exclusive promotions. ALVICOR PROPIEDADES Affiliated with the Uruguayan Association of Real Estate Agencies (ADIU). National Registry of Real Estate Operators No. 1289. The property information was provided by the owner. Alvicor is not responsible for any errors, omissions, or changes without prior notice. ABU313558 AP14306903
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
- Laundry Room
Outdoor & Recreation
- Garden
- BBQ Area
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$117,000
