Studio apartment in Cordón
$99,000
- 1Bedrooms
- 1Bathrooms
- 307 sq ftLiving area
About this home
Studio apartment for sale in Cordón. An excellent opportunity to live or invest in Cordón, one of the most sought-after areas in Montevideo. The building is located on Rodó Street, between Gaboto and José Arismendi, close to schools, parks, 18 de Julio Avenue, public transportation, shops, and general services. The studio apartment offers a practical and functional layout, ideal for students, professionals, or investors looking for a modern, well-located property with excellent rental potential. The project consists of a basement, ground floor, and 10 upper floors, with a total of 52 residential units, including studio, 1-, 2-, and 3-bedroom options. Building Amenities On the top floor, the building features common areas designed to enhance and complement daily life: Barbecue area. Gym. Playroom. Sun deck. Front and rear terraces. Laundry room. Optional parking space. Project Benefits This project is authorized under Law No. 18,795 on Social Housing, promoted by the ANV, making it an attractive option for both residential living and investment. Estimated completion: December 2026. Fees Utility connection fees: 4%. Real estate commission: 3% + VAT. An excellent option in Cordón, with a strategic location, amenities, and tax benefits—ideal for those seeking a safe investment in Montevideo. Vizcaya Real Estate Contact us for more information or to receive personalized advice. We’ll guide you through the entire process so you can buy or invest with confidence and professional support. -
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
- Laundry Room
Outdoor & Recreation
- Terrace
- Game Room
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$99,000
