2-Bedroom Apartment for Sale in Cordon
$201,789
- 3Bedrooms
- 1Bathrooms
- 621 sq ftLiving area
About this home
Brand-New 2-Bedroom Apartment in Cordón Building located in the heart of Cordón, on Av. Constituyente between Magallanes and Gaboto. A rapidly growing area, just steps away from the vibrant dining scene and universities, and one of the areas with the highest demand from students and young people. This property is situated on one of the city’s main thoroughfares, connecting the building to attractive neighborhoods such as Pocitos, Punta Carretas, and the Tres Cruces shopping complex. It’s a strategic location for anyone who needs and wants to live in the heart of the city. The building will have a total of 13 floors with 93 units, offering an exclusive design and top-quality finishes. It features studio apartments, as well as 1- and 2-bedroom units. It will also provide all residents with the opportunity to feel like they’re at a resort right in their own home, thanks to a wide range of exclusive amenities. Amenities: Common area with barbecue Infinity pool Sun deck Fully equipped gym Sky lounge, coworking space Outdoor fitness area Zen garden Micro-cinema Bicycle area, locker room, and electric car charging stations. Price: 2-Bedroom: USD 201,789 Garages: starting at USD 19,100 Additional Costs: Fees: Real estate commission 3% + VAT. Occupancy and utility connection fees 4%. The project is being developed under Law 18,795, the Promoted Housing Act (Social Housing), and therefore offers: - Exemption from the Property Transfer Tax (ITP) - Exemption from IRAE/IRPF on rental income for 10 years - Property Tax (IP) exemption for 10 years 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 RBU69082 AP7764999
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
Security
- 24/7 Security
Building Services
- Elevator
- Coworking
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$201,789
