2-Bedroom Apartment for Sale with Terrace at Rambla O’Higgins 4741, Malvín, Montevideo
$360,000
- 3Bedrooms
- 1Bathrooms
- 786 sq ftLiving area
- 1,066 sq ftLot area
About this home
2-Bedroom Apartment for Sale with Terrace in Torre Arenas – Malvín: An excellent 2-bedroom apartment with a terrace, located in Tower 1 of Torre Arenas, on the corner of Rambla O’Higgins and 18 de Diciembre, in Malvín. A great option for both owner-occupancy and investment, within a residential complex designed to take advantage of a prime location facing the Rambla, with spacious common areas and a full range of amenities. About Torre Arenas Torre Arenas is a prominent residential complex on the Rambla in Malvín, consisting of 4 buildings with 1-, 2-, and 3-bedroom units, as well as spacious studio apartments. Its location allows residents to enjoy proximity to the neighborhood’s commercial center, green spaces, restaurants, shops, services, and excellent access to various parts of Montevideo. The project is characterized by its contemporary architecture, modern finishes, high-quality materials, abundant natural light, and spacious outdoor areas. Amenities More than 1,700 m² dedicated to common areas and amenities, including: - Rooftop pools with panoramic views. - Sun deck. - Open-air hot tubs. - Gym and fitness area. - 2 large event halls. - Barbecues and open-air grilling areas. - Laundry facilities. - Green spaces. - Play areas for children. - Double-height entrance hall. Optional garages Starting at USD 30,000. Price includes VAT. Payment Terms and Financing - 10% down payment. - 40% upon signing the purchase agreement and move-in, 30 days after the down payment. - 50% balance due after move-in, financeable in up to 240 monthly installments. - Financing subject to credit approval. - Balance financed in Indexed Units (UI). - Annual interest rate: 6.6%. - Post-occupancy installments include interest. Expenses - Occupancy fees: 4% of the price, covering utility connections, finishing work, survey plan, and co-ownership regulations. - Real estate commission: 3% + VAT. An excellent opportunity for those looking for a 2-bedroom apartment with a terrace in Malvín, near the Rambla, with amenities and long-term post-occupancy financing. Vizcaya Real Estate Contact us for pricing, availability, floor plans, garage options, and financing terms. -
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
- Heating
Outdoor & Recreation
- BBQ Area
- Game Room
Security
- 24/7 Security
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$360,000
