Studio Apartment for Sale with Tenant in Place, in Parque Rodó AP14306908
$108,000
- 1Bedrooms
- 1Bathrooms
- 403 sq ftLiving area
About this home
Studio apartment with terrace for sale with tenant in place in Parque Rodó, steps from the rambla. The unit is being sold with a tenant in place, 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. - Terrace. - Imported aluminum frames with double hermetic 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 or ceramic tiles. 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 offerings. Its excellent surroundings mean everything is close by: 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 location to open up the side façade and enhance the sea views. The building spans 7 floors and has 79 studio, 1-bedroom, and 2-bedroom units, as well as 50 parking 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 solar panel connections. - Waste-sorting system. - CCTV security cameras. - Open-air exercise plaza. - Courtesy parking space. - Locker for receiving online purchases. Event spaces: the development has two equipped rooms, one on the ground floor with a landscaped patio and the other on the third floor, with a panoramic terrace and an outdoor barbecue grill. ADDITIONAL INFORMATION: - Parking spaces available; not included in the sale price. - Real estate commission: 3% + VAT, payable upon signing the purchase and sale agreement. Message us to schedule a viewing and learn more about this opportunity! Follow us on social media at @alvicorpropiedades and be the first to hear about new launches and exclusive promotions. ALVICOR PROPIEDADES Affiliated with the Association of Real Estate Agencies of Uruguay (ADIU). National Registry of Real Estate Operators No. 1289. The property details have been provided by the owner. Alvicor is not responsible for any possible errors, omissions, or changes without prior notice. ABU313558 AP14306908
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
- Terrace
- BBQ Area
- Balcony
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$108,000
