2-Bedroom Apartment for Sale in Cordón
$178,000
- 3Bedrooms
- 1Bathrooms
- 585 sq ftLiving area
About this home
2-Bedroom Apartment for Sale in Cordon Building in Cordon, one of Montevideo’s most vibrant neighborhoods, with excellent transportation links, proximity to universities, services, and healthcare facilities, and high demand for both owner-occupied and rental housing—making it a strategic area for investment. TEMPO RODÓ consists of 29 units, comprising 9 one-bedroom apartments and 20 two-bedroom apartments. The two-bedroom units stand out for their spacious floor plans and comfortable layouts, designed with functional spaces, ample natural light, and high-quality finishes. Located on the corner of J. Enrique Rodó and Jackson Streets, at a key location in the neighborhood that combines residential tranquility with proximity to all amenities. Features: A multi-story building with 3 units per floor, promoting privacy and comfort. It features 15 parking spaces and a modern design that prioritizes construction quality and attention to detail. Notable features include large windows with natural anodized aluminum frames, porcelain tile floors, kitchens with granite countertops and stainless steel sinks, white melamine base and wall cabinets, a state-of-the-art elevator with capacity for 8 people, and high-quality finishes in the entrance hall and landings. The unit features 2 spacious bedrooms, ideal for comfortable living. Amenities: Fully equipped entry hall State-of-the-art elevator Prices: 2 BEDROOMS: USD 178,000 The unit is currently rented, with the lease set to expire this year. Unit valued at approximately $31,000 per month on the rental market. Real estate commission: 3% + VAT (payable upon signing the purchase agreement) Estimated Delivery: Immediate Investing in a completed property allows you to generate immediate rental income or use the property yourself without any waiting period. In a market with many options, choosing a finished unit in an established location offers security and convenience, as well as rapid appreciation. 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 Evolution of Real Estate RAP7975721
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
- WiFi
Outdoor & Recreation
- Terrace
Building Services
- Elevator
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$178,000
