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1-Bedroom Apartment for Sale

Av. 8 de Octubre al, Montevideo, Montevideo, Uruguay

$147,000

+ $4,500 / month HOA
For Sale
  • 2Bedrooms
  • 1Bathrooms
  • 489 sq ftLiving area

About this home

Block Garden, La Blanqueada, Montevideo. An oasis of nature in the heart of Montevideo. Located on Av. 8 de Octubre, a strategic spot in La Blanqueada just steps away from various schools, medical centers, the Tres Cruces Mall, the Centenario Stadium, and downtown, with excellent transportation access. The premise of this project was to create common spaces that encourage outdoor experiences and improve your quality of life. Located in a strategic part of the city, it makes your daily life easier. Here, nature and sports take center stage, striking a subtle balance with the city’s energy. We prioritize your comfort by designing apartments with open layouts and/or low-maintenance features, offering 360-degree views of the Montevideo skyline. We’ve designed communal spaces where you can relax, enjoy nature, organize a game, or work out. At Garden by Block, you’ll be able to break away from your routine to recharge without ever leaving the building. The project features 11 floors, comprising 80 units distributed as follows: 60 one-bedroom apartments, 10 studio apartments, 10 2-in-1 studios, and 1 commercial space. On the 11th floor, you’ll find a barbecue area with a grill, a coworking space, a reading room, and a spacious outdoor terrace. It also features 40 parking spaces. It stands out for its variety of amenities, its modern construction, and its perfect alignment with new lifestyle standards. Features and Amenities: Landscaped main courtyard Coworking space and reading room Swimming pool with sun deck Relaxation area Fully equipped indoor-outdoor gym Soccer field Basketball court App-controlled laundry room with washers and dryers Fully equipped barbecue area 360-degree terrace with outdoor living areas Bike racks Electric car chargers Airtight double-pane windows Price: 1-Bedroom: USD 144,000 Expected Delivery: August 2026 Occupancy fees: 4%. Real estate agent fees: 3% + VAT Benefits: Law 18,795 on Subsidized Housing The project is being developed under the Subsidized Housing Law, which provides the following exemptions: Exemption from ITP (Property Transfer Tax) Exemption from VAT on the purchase price Exemption from IRAE/IRPF on rental income for 10 years Property Tax (IP) exemption for 10 years Ask us about the different payment and financing options!! RBU69092 AP8452268

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

  • Laundry Room

Outdoor & Recreation

  • Terrace
  • BBQ Area
  • Game Room

Security

  • 24/7 Security

Building Services

  • Elevator
  • Coworking

Lifestyle

  • Pet Friendly

Nearby Essentials

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

$147,000

Concierge