Brand-New 1-Bedroom Apartment for Sale in Cordon
$160,650
- 2Bedrooms
- 1Bathrooms
- 391 sq ftLiving area
About this home
Vento is located on Fernández Crespo between Paysandú and Uruguay, in the heart of Cordón, just one block from Bps and three blocks from 18 de Julio In an established and continuously growing neighborhood Surrounded by amenities, the building will feature 10 stories of studio, 1-bedroom, and 2-bedroom apartments. The building will be constructed using traditional methods with masonry, concrete, and aluminum, and will feature high-quality finishes. The units will be delivered with electrical connections prepared for the future installation of split-type air conditioners. Top-quality vinyl flooring is planned for the units. The kitchens are designed as open-concept spaces and will come equipped with base cabinets, granite countertops, and stainless steel sinks, as well as the necessary plumbing for the future installation of a washing machine and a separate water heater. Bathrooms will feature porcelain tile finishes and top-quality sanitary fixtures, faucets, and accessories. Amenities: Barbecue area Laundry room Bicycle parking Terms of Sale: Garage starting at $17,500 Inquire about payment options. Estimated Delivery: Immediate Delivery Additional Expenses: Fees: Real estate commission 3% + VAT. Occupancy and utility connection fees 4.5%. Unit Amenities: Oven and stovetop Water heater Range hood Upper and lower kitchen cabinets. Law 18,795 on Subsidized Housing The project is carried out under the Promoted Housing Act (Social Housing), which provides the following benefits: Exemption from the Property Transfer Tax (ITP) Exemption from IRAE/IRPF on rental income for 10 years Exemption from Property Tax (IP) for 10 years Take advantage of this opportunity! We look forward to hearing from you; we want to help you take the next step toward fulfilling your dream. RAZA PROPIEDADES We Are the Evolution of Real Estate RBU69091 AP8406071
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
- Balcony
Building Services
- Elevator
- Coworking
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$160,650
