1-Bedroom Apartment for Sale in Cordon
$145,000
- 2Bedrooms
- 1Bathrooms
- 482 sq ftLiving area
About this home
Prime Location in Cordón Miraf Arenal is located on Arenal Grande near Brandzen, just steps from 18 de Julio and Rivera. A strategic location in the heart of a growing area, with excellent transportation links and services right at your fingertips. Modern and Functional Units The building features 44 traditionally built apartments: 33 one-bedroom units 11 two-bedroom units All include private terraces or patios, oriented east–west to ensure natural light and unobstructed views. It also features two parking levels. Amenities to enjoy to the fullest on the top floor: Miraf Arenal offers spaces designed for your comfort and recreation: Enclosed, fully equipped barbecue area Spacious terraces and a sun deck Fully equipped gym Communal laundry room and drying area Bicycle storage Multipurpose room Prices: 1 BEDROOM: USD 145,000 Parking spaces starting at USD 24,000 Estimated delivery: Immediate delivery Prices do not include: Occupancy fees: 4% Real estate agent’s fees: 3% plus VAT (payable upon signing the purchase agreement). Benefits under the Promoted Housing Law (Law 18,795) Exemption from Property Transfer Tax (ITP) Exemption from IRAE/IRPF on rental income for 10 years Exemption from Property Tax (IP) for 10 years A unique opportunity to live or invest with excellent tax benefits. Ask us about the latest apartments for sale! The time is now. Count on us to turn your dream into reality. RAZA PROPIEDADES Your best partner in real estate development. RBU69071 AP8044037
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
Building Services
- Elevator
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$145,000
