1-Bedroom Apartment for Sale in Pocitos
$179,000
- 2Bedrooms
- 1Bathrooms
- 564 sq ftLiving area
About this home
A new development in Pocitos/Buceo, one of Montevideo’s most established and sought-after areas for living and investing. Its proximity to Puertito del Buceo, Montevideo Shopping, the World Trade Center, and La Rambla offers an excellent combination of connectivity, amenities, recreational spaces, and high rental demand. URBAN PORT IV consists of 45 one-bedroom units and 4 studio apartments, designed with efficient layouts, excellent finishes, and spaces tailored for everyday comfort. Located at 3572 Rizal Street, between Tiburcio Gómez and Margariños Cervantes, it occupies a strategic spot in the neighborhood, just steps away from major shopping and corporate centers. Project Features: A single-tower building with 49 apartments distributed across the ground floor and four upper levels, with 10 units per floor on the standard levels. The project also features 20 parking spaces, spaces for bicycles and motorcycles, ground-floor retail spaces, and two state-of-the-art elevators. Amenities: Double barbecue area with grill Fully equipped gym Solarium Deck with landscaped patio and pergola Laundry room 24-hour reception and remote security monitoring Bicycle and motorcycle parking spaces Retail spaces on the ground floor Prices: GARAGE SPACES starting at USD 22,000 Real estate commission: 3% + VAT (paid upon signing the purchase agreement) Closing costs: 5% Estimated delivery: April 2028 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 alternatives, recognizing an opportunity 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 RBU94129 AP8432637
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.
$179,000
