1-Bedroom Apartment for Sale with Terrace - Cordón, Montevideo
$149,240
- 2Bedrooms
- 1Bathrooms
- 447 sq ftLiving area
- 541 sq ftLot area
About this home
1-bedroom apartment with a walk-in closet at Dröm Acevedo – Cordón | Estimated completion: December 2027 An excellent opportunity to live or invest in Cordón, within a contemporary development located in a central area of Montevideo, with excellent transportation links and proximity to shops, supermarkets, schools, services, and green spaces. The unit features one bedroom with a walk-in closet, a full bathroom, a living-dining room with an open kitchen, and a terrace, offering a comfortable and functional layout. The living area is a spacious and bright open-concept space that integrates the kitchen, dining room, and living room, with direct access to the terrace, which provides a pleasant outdoor space and allows for more natural light. The bedroom is well-defined and complemented by a walk-in closet, providing ample storage space and comfort. Amenities and Services Dröm Acevedo offers common areas designed to support a modern lifestyle: Enclosed barbecue area with a grill. Coworking space. Rooftop. Bike parking. CCTV system in common areas. The project also incorporates sustainability and efficiency criteria, integrated from the design phase through the construction process. Estimated Completion December 2027. Payment Options 1 – Construction Payment Plan: 10% upon reservation. 25% upon signing the purchase agreement. 55% in installments during construction. 10% upon delivery. 2 – Cash Payment: 80% upon signing the purchase agreement. 20% upon delivery. Bank financing accepted. Occupancy and utility connection fees: 4%. Real estate commission: 3% + VAT. Images and floor plans are for illustrative purposes only. An excellent option for those looking for a 1-bedroom apartment with a walk-in closet and terrace in Cordón, combining location, contemporary design, amenities, and various financing options. Vizcaya Real Estate For more information, contact Vizcaya Real Estate. We provide personalized advice and guide you through the entire purchasing process. -
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
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$149,240
