Studio Apartment for Sale - Cordón
$111,600
- 1Bedrooms
- 1Bathrooms
- 297 sq ftLiving area
- 339 sq ftLot area
About this home
Excellent studio apartment in Arcadia II, located in the heart of Cordón Sur, a prime area of Montevideo, ideal for living or investing. The unit offers a practical and functional layout, designed to make efficient use of every square meter. It features an open-concept design that comfortably combines the living, relaxation, and dining areas, along with a built-in kitchen, a full bathroom, and its own outdoor space. The unit features modern, high-quality finishes, such as porcelain tile floors, aluminum windows with DVH glass in larger panes, melamine-finished cabinetry, and provisions for an electric water heater and washing machine, as applicable. Building Amenities Arcadia II will feature common areas designed to enhance daily life: Barbecue area with a sun deck. Industrial-style laundry room. Bicycle parking. Project Benefits The project is covered under Law 18.795 on Subsidized Housing, making it a highly attractive investment opportunity, with tax benefits and strong rental potential in an area with high housing demand. An excellent option for those seeking a modern, functional, and well-located apartment in Cordón Sur, backed by a project designed for comfortable living or secure investment. Images are for illustrative purposes only and may vary depending on the unit, floor, orientation, and availability. 3% commission + VAT. Vizcaya Real Estate For more information, updated availability, and personalized advice, contact Vizcaya Real Estate. We’ll guide you through the entire process so you can buy or invest with security, support, and confidence. -
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
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$111,600
