1-Bedroom Apartment with Terrace - Downtown (Montevideo)
$132,300
- 2Bedrooms
- 1Bathrooms
- 417 sq ftLiving area
- 513 sq ftLot area
About this home
1-Bedroom Apartment for Sale in Horus Art 4 – Barrio de las Artes 1-bedroom apartment for sale in Horus Art 4, a modern residential development by Horus Group, located at the intersection of Canelones and Andes streets, right in the heart of the Barrio de las Artes—a central neighborhood in Montevideo with excellent transportation links and proximity to shops, services, public transit, and cultural attractions. The unit features a comfortable and functional layout, with a living-dining room, a separate kitchen, a private bedroom, a full bathroom, and outdoor space. The living-dining room creates a pleasant and bright social space with direct access to the outdoors. The separate kitchen keeps the food preparation area distinct from the living room, offering practicality for everyday use. The bedroom is clearly separated from the living area, providing greater privacy and comfort. It also features storage space and plenty of natural light. The full bathroom is located near the entrance and the bedroom, allowing for practical flow and excellent use of space. Due to its design, location, and features, this property is an excellent option for both owner-occupancy and rental investment. Horus Art 4 is developed under the Promoted Housing Act / Law No. 18,795, offering tax benefits that enhance the investment’s appeal. Images are for reference only and vary by unit type. Amenities and Services Entrance hall, bike parking, ground-floor retail space, provision for a multipurpose room, elevator, outdoor spaces depending on unit type, and garages subject to availability. Payment Terms Cash: 80% upon signing the purchase agreement and 20% upon delivery. Estimated delivery: January 2027. Occupancy and connection fees: 4%. Real estate commission: 3% + VAT. Vizcaya Real Estate Contact us for pricing, updated availability, parking spaces, and personalized advice on residential or investment properties. -
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
Outdoor & Recreation
- Terrace
Building Services
- Elevator
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$132,300
