1-Bedroom Apartment for Sale in La Blanqueada
$160,500
- 2Bedrooms
- 1Bathrooms
- 398 sq ftLiving area
About this home
1-Bedroom Front-Facing Unit for Sale | Los Olímpicos Building | Ideal for Investors Strategic Investment Under the Promoted Housing Act – Law 18,795 Raza Propiedades presents a brand-new, street-facing 1-bedroom unit located in the Los Olímpicos Building, a project designed for those seeking an investment with stability, predictability, and sustained returns. This unit type is in high demand in the rental market, featuring an excellent street-facing layout, optimal natural light, and a modern floor plan that maximizes the use of space. These characteristics ensure quick occupancy, stable rental income, and a low vacancy rate. The building features contemporary architecture and is designed for low maintenance, which optimizes operating costs and improves the net return on investment. Its status as a new construction makes it an efficient, competitive asset with potential for appreciation in the medium and long term. In addition, the project is covered by the Promoted Housing Law (Law 18,795), which provides significant tax benefits—key to maximizing profitability and reducing the investor’s tax burden. Key features of the unit: 1 bedroom Front-facing layout Brand-new unit Modern and efficient design Ideal for traditional or short-term rentals Excellent potential for appreciation Unit amenities Benefits under Law 18,795: Exemption from IRPF/IRAE on rental income Exemption from Wealth Tax Exemption from Property Transfer Tax (ITP) on first-time purchases Investment Prices: 1 bedroom: USD 160,500 Real estate agent fees: 3% + VAT ITP: Approximately USD 950. Property currently generating rental income. A solid opportunity for those seeking a safe investment with a return. RAZA PROPIEDADES—Your best partner in real estate growth. RAP7683058
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
- Study / Office
Outdoor & Recreation
- Game Room
Security
- 24/7 Security
Building Services
- Coworking
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$160,500
