1-Bedroom Apartment with Terrace for Sale - Cordón
$142,700
- 2Bedrooms
- 1Bathrooms
- 449 sq ftLiving area
- 548 sq ftLot area
About this home
Miraf Haedo 3 – 1-Bedroom Apartment with Terrace in Cordón Norte A modern and functional one-bedroom apartment with a layout that makes efficient use of each space and clearly separates the living area from the private quarters. The entrance opens directly into a spacious living-dining room, with ample space to comfortably arrange the living and dining areas. Its windows allow plenty of natural light to enter and connect the space to a private terrace. The open-concept kitchen is located near the entrance, creating a practical connection to the dining area. It comes equipped with base and wall cabinets in melamine-finished MDF, a granite countertop, a stainless steel sink, and a separate space for a washer and dryer. The private terrace includes a laundry area and provides an outdoor extension that improves the home’s natural light and ventilation. The bedroom is a separate room, set apart from the living area, and features a full walk-in closet with sliding doors and interior dividers. The unit also includes a full bathroom, equipped with toilet fixtures, faucets, accessories, and a vanity unit. Finishes include heavy-duty vinyl flooring, porcelain and ceramic tile walls, natural anodized aluminum windows and doors, roller shades, and electrical and plumbing connections for air conditioning. Thanks to its functional layout, separate bedroom, private terrace, and strategic location, it represents an excellent option for both owner-occupancy and investment. The Project Miraf Haedo 3 is a modern residential project located in Cordón Norte, a central area of Montevideo known for its excellent connectivity, wide availability of services, and sustained demand for rentals. The building is located on Víctor Haedo Street, near 18 de Julio, General Rivera, and Fernández Crespo avenues. It is just a few minutes from the bus terminal and the Tres Cruces Shopping Center, Líber Seregni Square, schools, healthcare facilities, supermarkets, banks, shops, and restaurants. The project consists of 26 units, comprising 20 one-bedroom apartments and 6 studio apartments. All units feature a terrace or patio for exclusive use, promoting natural light, ventilation, and a connection to the outdoors. Its traditional construction using concrete and masonry is combined with contemporary architecture, high-quality materials, and finishes designed to offer durability and low maintenance. The design features exposed concrete, aluminum, glass, high-traffic vinyl flooring, and porcelain and ceramic tile finishes. Amenities and Services Enclosed, fully equipped barbecue area with a grill. Coworking space. Communal laundry room. Bicycle rack. State-of-the-art elevator. Access via magnetic key card. Security cameras. Fire detectors. Provisions for charging electric vehicles. Pet-friendly building. Projected low common area fees. Parking level with 13 spaces. Optional garage spaces. Tax Benefits The project is covered by the Promoted Housing Law No. 18,795, which grants tax benefits to buyers and investors: VAT exemption on the purchase price. Exemption from the Property Transfer Tax (ITP) for the buyer on the first purchase. Exemption from income tax (IRPF) on rental income during the period established by regulation. Exemption from the Wealth Tax for ten years from the completion of construction. Payment Methods Cash: 90% upon signing the purchase agreement. 10% upon delivery. Construction Schedule: 40% upon signing the purchase agreement. 50% during the construction period. 10% upon delivery. Optional garages: starting at USD 19,000. Closing costs: 4%. Real estate commission: 3% + VAT. For information on prices, availability, estimated delivery date, and current terms and conditions, please contact Vizcaya Negocios Inmobiliarios. We provide personalized advice and support throughout the entire purchase process. Images are for illustrative purposes only. -
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
Building Services
- Elevator
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$142,700
