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1-Bedroom Apartment for Sale in Buceo

Av. Gral Rivera al, Montevideo, Montevideo, Uruguay

$149,800

+ $4,200 / month HOA
For Sale
  • 2Bedrooms
  • 1Bathrooms
  • 447 sq ftLiving area

About this home

1-Bedroom Apartment for Sale in Buceo URBAN PORT III is a state-of-the-art residential development, strategically located in Buceo, between Rivera and Pedro Bustamante. Just steps away from the city’s main business district and very close to the World Trade Center, Montevideo Shopping, and La Rambla, it is situated in a rapidly growing area that combines connectivity, amenities, and quality of life. The project offers studio, 1-bedroom, and 2-bedroom apartments designed to provide functionality, comfort, and a contemporary aesthetic. All units feature bright interiors, spacious balconies, and unobstructed views of the city. In total, 65 units will be developed, along with 32 parking spaces for added convenience and security. Prices: 1-BEDROOM: USD 156,800 Parking Space: Starting at USD 24,000 Projected Completion: November 2027 Prices do not include: Occupancy fees: 5%. Real estate brokerage fees: 3% + VAT. URBAN PORT III stands out for its exclusive amenities: Heated pool Garden deck Solarium Double barbecue Coworking space Laundry room Reception desk Closed-circuit camera surveillance Each apartment will be delivered fully equipped and move-in ready, with a stove, range hood, built-in cabinets in the kitchen and bathroom, a bathroom exhaust fan, and a water heater installed. Contact us today to inquire about available units and become part of this unique project. Don’t miss out on this once-in-a-lifetime opportunity! We look forward to hearing from you and accompanying you on the journey to making your dream a reality. RAZA PROPIEDADES Your best partner in real estate development. RBU68982 AP8071006

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

  • Gym
  • Laundry Room

Outdoor & Recreation

  • Balcony

Building Services

  • Elevator

Lifestyle

  • Pet Friendly

Nearby Essentials

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

$149,800

Concierge