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Commercial Space for Sale/Rent - Downtown DELREY PROPERTIES

Zelmar Michelini 1165, Montevideo, Montevideo, Uruguay

$1,100,000

For Sale
  • 3Bedrooms
  • 2Bathrooms
  • 6,620 sq ftLiving area
  • 6,243 sq ftLot area

About this home

ATTENTION INVESTORS. COMMERCIAL SPACE FOR RENT. In impeccable condition. Space with a fantastic showroom, suitable for retail or storage. Vehicle access Excellent storefront with a 12.45-frontage. Ideal for various types of businesses. Three rooms, two bathrooms, and a separate kitchen, all in impeccable condition. Lease begins in October 2026 for 4 years. Tiered rental price: First year: USD 3,000 Second year: USD 3,250 Third year: USD 3,500 Fourth year: USD 3,750 Insurance guarantee. Inquire for details. .

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.

Read the full Uruguay guideAsk our Concierge about this home

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.

Nearby Essentials

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

$1,100,000

Concierge