Apartment in Cordón
$150,900
- 2Bedrooms
- 1Bathrooms
- 509 sq ftLiving area
About this home
Located between Palermo and Cordón, Montevideo’s Soho is establishing itself as the city’s trendiest neighborhood—a vibrant district where urban culture comes to life. Winks Gaboto features 92 apartment units, including lofts and 1- and 2-bedroom apartments. The building combines modern, functional architecture—surrounded by culture—with retail spaces at the entrances and a variety of shared areas, including a rooftop, fully equipped barbecue areas, a gym, a laundry room, a coworking space, multipurpose rooms, and storage units, among others. Shared Spaces & Amenities Fully equipped barbecue areas Coworking space Storage units Gym Rooftop Bicycle rack and maintenance area Garage Multipurpose room Sun terrace Retail spaces on the ground floor THE BEST VIEWS OF MONTEVIDEO All apartments feature spacious terraces. 1-Bedroom units starting at $150,900 2-Bedroom units starting at $189,900 The homes in this project are covered by Law 18,795 on Subsidized Housing. The project offers: Exemption from Property Transfer Tax (ITP) on the first sale Exemption from IRAE/IRPF on rental income for 10 years Exemption from the Wealth Tax for 10 years - Occupancy fees: 4% - Real estate agent fees: 3% plus VAT (payable upon signing the purchase agreement) The measurements, areas, and details provided in this publication are approximate and for informational purposes only, as provided by the owners. The definitive information can be found in the property deed and/or corresponding floor plans. Commission and fee costs are as follows: Purchase: 3.66% (3% plus VAT) Rental: An amount equivalent to one month’s rent plus VAT.
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
Outdoor & Recreation
- Terrace
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$150,900
