Studio Apartments for Sale in Syrah Premium - Punta Ballena - Punta del Este
$132,000
- 1Bedrooms
- 1Bathrooms
- 323 sq ftLiving area
About this home
A ONE-OF-A-KIND OPPORTUNITY IN PUNTA BALLENA! Studio Apartments in a Beachfront Complex Project Highlights Prime Beachfront Location: Situated right on the coast of Punta Ballena, this unique complex offers unbeatable ocean views and sunsets. Studio Apartments: All properties for sale are studio apartments. (Note: Although the complex is oceanfront, not all units have a direct ocean view; please inquire about the availability of studio apartments with ocean views.) Parking Spaces and Pools: Parking Space Included: All studio apartments come with a parking space. Private Pool: Some studio apartments feature their own private pool. Floor Plan Flexibility: Option to purchase two adjacent studio apartments and combine them to create a two-room apartment with a larger floor area. Residential Concept: Originally conceived as a condo-hotel, the units are currently being marketed as individual studio apartments, combining the independence of private ownership with the convenience of hotel-quality services. Maximum Legal Security: Purchase through the assignment of rights via a public deed, duly registered with the Uruguayan Property Registry. Short-Term Rental Income Generator Units with high tourist appeal for short-term rental: Average Daily Rate (ADR): USD 120 per night. Estimated Occupancy: 35% to 40% annually (concentrated during peak season and on weekends). Projected Annual Gross Revenue: Between USD 15,000 and USD 17,500 per apartment. Included Amenities and Services Premium Service: Housekeeping and comprehensive hotel-style rental management. Common Areas: Private wine cellar. Party and event hall. Complex Infrastructure: Comprising 3 oceanfront buildings: 2 fully completed and ready for occupancy (currently with 20 fully equipped apartments operating in the tourist market) and 1 in the structural/shell phase, which will significantly increase the property’s future value. Legal Notice: The amounts for maintenance fees, taxes, and utilities, as well as the photos, measurements, and details regarding the architecture and operation of this property, are all approximate. They may not be up to date at the time of viewing, as they were provided by the owner at the time of publication. Any interested party should verify the information before proceeding with any transaction. PUBLIC REAL ESTATE BROKER ALEJANDRO MILHAS CMCPSI 4437 AUCTIONEER LUCIANA BOTTINI CUCICBA 9902
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
- Furnished
Security
- 24/7 Security
Building Services
- Elevator
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$132,000
