1-Bedroom Apartment for Sale in Cordón
$134,500
- 2Bedrooms
- 1Bathrooms
- 464 sq ftLiving area
About this home
1-Bedroom Apartment for Sale in Cordon Sur A new development in Cordon Sur, one of Montevideo’s most vibrant neighborhoods, known for its proximity to universities, healthcare centers, offices, cultural venues, and a wide variety of dining options. Its strategic location and consistent demand for rentals make it an excellent option for both living and investing. NOUVEAU ROXLO consists of 69 one-bedroom apartments, designed with an efficient layout, spacious private terraces, and high-quality finishes. Located on Carlos Roxlo between Guayabos and José Enrique Rodó, right in the heart of Cordón Sur, it offers an ideal combination of connectivity, amenities, and urban quality of life. Project Features: The building comprises 69 one-bedroom apartments spread across 10 residential floors, with a total of 35 parking spaces and 1 commercial unit. The project spans 13 floors and features common areas specially designed to complement today’s lifestyle, incorporating top-tier amenities and services that enhance the residents’ experience. Amenities: Community room equipped with an enclosed barbecue area Open-air barbecue area Gym Relaxation area and sun deck Sky Lounge Laundry room Bicycle racks Prices: 1-BEDROOM USD 133,500 GARAGES starting at USD 17,000 Real estate fees: 3% + VAT (paid upon signing the purchase agreement) Occupancy fees: 4% Estimated delivery: June 2028 Affordable Housing Apartments covered by the Affordable Housing Law offer significant benefits to buyers Exemption from the Property Transfer Tax (2% of the assessed value) VAT exemption Exemption from wealth tax for 10 years Exemption of up to 100% of income tax on rental income for 10 years, depending on the property’s location Investing during the launch phase gives you access to special prices and exclusive terms, which will not be available once construction begins. In a market with many options, identifying a proposal with solid fundamentals is key to maximizing your return. Take advantage of this opportunity! We look forward to hearing from you—we want to help you take the next step toward fulfilling your dream. RAZA PROPIEDADES We Are the Evolution of Real Estate RBU93893 AP8406490
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
- Gym
- Laundry Room
- WiFi
Outdoor & Recreation
- BBQ Area
- Balcony
Security
- 24/7 Security
Building Services
- Elevator
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$134,500
