1-Bedroom Apartment for Sale in Punta Carretas
$164,900
- 2Bedrooms
- 1Bathrooms
- 454 sq ftLiving area
About this home
URBAN PUNTA CARRETAS III – Exclusivity in Punta Carretas A new development in Punta Carretas, one of Montevideo’s most exclusive and established neighborhoods, renowned for its proximity to the Rambla, expansive green spaces, outstanding dining, shopping, and services, as well as strong demand for both residential living and investment. URBAN PUNTA CARRETAS III consists of 2 studio units, 29 one-bedroom units, and 2 two-bedroom units, designed with a functional layout, excellent natural lighting, and high-quality finishes. It is located on Solano Antuña, at the corner of José Ellauri, in a prime location with excellent connectivity and just a few minutes from Villa Biarritz, the Punta Carretas Shopping Center, and the Rambla. Project Features: A single-tower building with 33 apartments spread across 10 floors, with between 2 and 4 units per floor depending on the level. It also features 19 parking spaces and amenities designed to provide greater comfort and quality of life. Amenities: Barbecue areas with grills Gym Laundry facilities Security Bicycle storage Prices: STUDIO starting at USD 169,800 1-BEDROOM starting at USD 155,800 2-BEDROOM: Sold out. Parking spaces starting at USD 35,000 Real estate commission: 3% + VAT (paid upon signing the purchase agreement) Closing costs: 5% Estimated delivery: November 2027 Investing in a project under construction provides access to units with excellent value for money and the potential for appreciation as construction progresses. In a market with many alternatives, choosing a project with solid fundamentals and a strong location 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 Future of Real Estate RBU94320 AP8458898
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
Building Services
- Elevator
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$164,900
