2-Bedroom Apartment for Sale in Cordon
$189,900
- 3Bedrooms
- 1Bathrooms
- 563 sq ftLiving area
About this home
A new development in Cordón, one of Montevideo’s most dynamic and sought-after neighborhoods, noted for its proximity to downtown, excellent connectivity, and wide range of services, universities, and cultural offerings—all of which make it an ideal area for both living and investing. VENTURA UPTOWN consists of 117 units: 52 one-bedroom apartments, 44 two-bedroom apartments, and 21 studio apartments, designed with functional layouts, well-utilized spaces, and modern finishes. Located at the corner of J. Enrique Rodó and Requena, in a strategic area with high rental demand and strong potential for appreciation. The building spans multiple levels, with an efficient layout of units per floor, and features 57 parking spaces. Its design includes high-quality common areas and a comprehensive concept tailored to comfort and modern living. Amenities: Recreation room with barbecue area Gym Solarium Laundry Pet grooming Rooftop coworking space Prices: Parking spaces starting at USD 20,500 Real estate commission: 3% + VAT (paid upon signing the purchase agreement) Closing costs: 4% Estimated delivery: October 2027 Subsidized Housing Apartments covered by the Subsidized Housing Act offer significant benefits to buyers Exemption from the Property Transfer Tax (ITP) (2% of the cadastral value) VAT exemption Exemption from wealth tax for 10 years Exemption of up to 100% of personal income tax (IRPF) on rental income for 10 years, depending on the property’s location 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 options, recognizing an opportunity with a solid foundation 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 making your dream a reality. RAZA PROPIEDADES We Are the Future of Real Estate RBU71474 AP7934002
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
- Coworking
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$189,900
