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2-bedroom apartment for sale with a lake view in Shangri-La

4, Villa Arejo, Canelones, Uruguay

$252,000

For Sale
  • 3Bedrooms
  • 1Bathrooms
  • 717 sq ftLiving area

About this home

Lagún is a unique development that redefines the way of life in Ciudad de la Costa. Inspired by the harmony between contemporary architecture and nature, this project offers a serene, safe, and carefully designed environment for those seeking to enhance their quality of life without moving away from the city. With spacious, light-filled spaces designed with well-being in mind, Lagún features breathtaking views of the lake, green spaces, top-tier amenities, and a modern aesthetic that exudes calm and sophistication. Each unit was designed to maximize comfort, efficiency, and privacy, creating a home that keeps pace with today’s lifestyle. Located in one of Canelones’ fastest-growing and most up-and-coming areas, Lagún is ideal for families, professionals, and nature lovers who wish to live in an exclusive setting with excellent connectivity and nearby services. PRICE AND DIMENSIONS FOR THE SAVIA TOWER Lagún: a perfect balance between design, nature, and quality of life. Parking spaces available, not included in the price. Starting at $23,000 The dimensions, square footage, and promotional information 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 costs or fees 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

  1. Identification and funds

    Prepare a valid passport or identification, powers of attorney where applicable and source-of-funds documentation.

  2. Title due diligence

    The notary reviews ownership, cadastral parcel, registry history, liens, debts, plans and the property's legal status.

  3. Reservation or purchase agreement

    Define price, currency, deposit, conditions, timelines and allocation of costs.

  4. 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

  • Garden
  • Terrace
  • BBQ Area
  • Balcony
  • Game Room

Security

  • 24/7 Security
  • Alarm System

Lifestyle

  • Pet Friendly

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$252,000

Concierge