Commercial Property for Sale WITH RENTAL INCOME, in Parque Rodó AP14276362
$550,000
- 1Bedrooms
- 2Bathrooms
- 2,202 sq ftLiving area
About this home
Commercial property with patio for sale WITH RENTAL INCOME in Parque Rodó, steps from the waterfront. Sold with a tenant in place, making it an excellent investment opportunity to generate income from the moment of purchase. - 297 m2 total, including 205 m2 of interior space, a 52 m2 patio, and 37 m2 of storage space. - 2 bathrooms. - Kitchen. - Located on the ground floor of a 79-apartment building. LOCATION: Located in Parque Rodó, one of Montevideo’s most attractive and lively neighborhoods, steps from the waterfront and surrounded by services, green spaces, and cultural offerings. Its excellent surroundings put everything 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. - Real estate commission: 3% + VAT, payable upon signing the purchase and sale agreement. Get in touch and schedule your visit to see this opportunity! Follow us on social media at @alvicorpropiedades to be the first to hear about new launches and exclusive promotions. ALVICOR PROPIEDADES Member of the Asociación de Inmobiliarias del Uruguay (ADIU). National Register of Real Estate Operators No. 1289. The property details were provided by the owner. Alvicor is not responsible for any errors, omissions, or changes without prior notice. ABU313558 AP14276362
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.
$550,000
