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2-Bedroom Apartment for Sale in La Blanqueada

Br. Batlle y Ordoñez al, Montevideo, Montevideo, Uruguay

$164,655

+ $5,200 / month HOA
For Sale
  • 3Bedrooms
  • 1Bathrooms
  • 692 sq ftLiving area

About this home

2-Bedroom Apartment for Sale in La Blanqueada Located in a well-established urban area with excellent transportation links to the city’s major thoroughfares. The area offers a variety of amenities and is close to healthcare facilities, schools, and universities. Surrounded by amenities, the building is designed with 12 floors of apartments and a multipurpose room on the 13th floor, featuring 21 one-bedroom apartments and 11 two-bedroom apartments. As a key feature—and unlike most buildings constructed today—all walls, both exterior and interior, at Site Propios are built using traditional construction methods. The units will be delivered with electrical connections, with provisions for the future installation of split-type air conditioning units. The kitchens are designed as open-concept spaces and will be delivered with base cabinets and stainless steel sinks. The bathrooms will feature porcelain tile finishes and top-quality fixtures, faucets, and accessories. Features: – Multi-purpose room – Outdoor terraces – 16 parking spaces Prices: 2-BEDROOM: US$ 164,655 IMMEDIATE OCCUPANCY Occupancy fees: 4%. Real estate commission: 3% + VAT. Law 18,795 on Subsidized Housing The project is being developed under the Subsidized Housing Law (Social Housing), which provides the following benefits: Exemption from ITP Exemption from IRAE/IRPF on rental income for 10 years Exemption from IP 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 La Evolución Inmobiliaria RBU69088 AP8001119

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

  1. Identification and funds

    Prepare a valid passport or identification, powers of attorney where applicable and source-of-funds documentation.

  2. Title due diligence

    The notary reviews ownership, cadastral parcel, registry history, liens, debts, plans and the property's legal status.

  3. Reservation or purchase agreement

    Define price, currency, deposit, conditions, timelines and allocation of costs.

  4. 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

  • Laundry Room
  • WiFi

Outdoor & Recreation

  • BBQ Area
  • Balcony

Security

  • 24/7 Security

Building Services

  • Elevator

Lifestyle

  • Pet Friendly

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$164,655

Concierge