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1-Bedroom Apartment for Sale in Cordón

Doctor Joaquín Requena, Montevideo, Montevideo, Uruguay

$144,500

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

About this home

Prime location: Arcadia is being developed in Requena between Brandzen and Ana Monterroso, in the heart of Cordón. Just steps from Batlle Park, surrounded by amenities, restaurants, and healthcare centers, and with excellent access to the city’s main areas. The modern building is designed with 10 stories and 33 available units, ranging from studio apartments to 1- and 2-bedroom apartments. The units feature: Kitchens equipped with under-counter cabinets, overhead cabinets, and a breakfast bar. Additionally, the bedrooms feature built-in closets and/or walk-in closets, depending on the unit type. Facilities and amenities: Barbecue area with grill. Sun deck with views. Industrial-style laundry room. Bicycle storage. Benefits under Law 18.795 (Social Housing): Exemption from ITP (Property Transfer Tax). Exemption from IRAE/IRPF (Income Tax) on rental income for 10 years. Exemption from Wealth Tax for 10 years. Prices: Special Conditions—Fixed Price: No move-in fees. Real estate commission: 3% + VAT (payable upon signing the purchase agreement). Contact us for availability and financing options. Arcadia is an excellent investment opportunity and a project designed to grow alongside you. We’re here to guide you toward the best real estate decision. RAZA PROPIEDADES Your best partner in real estate growth. RBU68959 AP8472515

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

  • Laundry Room
  • WiFi

Outdoor & Recreation

  • Terrace
  • BBQ Area

Security

  • 24/7 Security

Building Services

  • Elevator

Lifestyle

  • Pet Friendly

Nearby Essentials

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

$144,500

Concierge