1-Bedroom Apartment for Sale in Punta Carretas
$239,730
- 2Bedrooms
- 1Bathrooms
- 446 sq ftLiving area
- 630 sq ftLot area
About this home
Park Square Franzini – 1-Bedroom Apartment with Terrace in Punta Carretas Available immediately This 1-bedroom, 1-full-bathroom apartment features a functional layout and a private terrace connected to the living-dining area. The entrance opens directly into the living area with an open-concept kitchen, featuring space to set up a dining area next to the kitchen and a living area adjacent to the terrace. The kitchen features an L-shaped layout with a countertop and space for appliances. The unit comes equipped with a glass-ceramic stove, built-in oven, range hood, and water heater, as well as heat/cool air conditioners in the living room and bedroom. The separate bedroom features a closet and a large window opening onto the outdoors. The full bathroom, located next to the bedroom, is accessible from the interior hallway. The covered terrace provides an outdoor extension where you can add plants or set up a small outdoor relaxation area. Finishes include aluminum windows with hermetically sealed double glazing and thermal break, wood-look flooring in the living room and bedroom, and a digital lock on the front door. Located on Luis Franzini Street in Punta Carretas, near Parque Rodó and the boardwalk, with easy access to shops, services, and dining options. Amenities and Services Rooftop with outdoor barbecue. Gym. App-controlled laundry service. Bicycle rack. Wi-Fi in common areas. 24-hour security. Two elevators. Optional garage spaces, subject to availability. An ideal option for both primary residence and investment, featuring a separate bedroom, private outdoor space, and immediate availability. Payment Terms 10% upon signing the reservation agreement. 90% upon signing the purchase agreement. Bank financing accepted. Occupancy and utility connection fees: 5%. Real estate commission: 3% + VAT. Vizcaya Real Estate For information on prices, availability, garages, or to schedule a visit, please contact us. We’ll guide you through the entire purchase process. Images are for illustrative purposes only. -
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
Outdoor & Recreation
- Terrace
Security
- 24/7 Security
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$239,730
