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3-Bedroom Apartment for Sale in Parque Rodó

Doctor Luis Piera, Montevideo, Montevideo, Uruguay

$464,900

+ $7,500 / month HOA
For Sale
  • 4Bedrooms
  • 2Bathrooms
  • 828 sq ftLiving area

About this home

A new development in Parque Rodó, one of Montevideo’s most attractive neighborhoods due to its proximity to the Rambla, its cultural and culinary offerings, and its high demand for both home ownership and rentals. The area combines green spaces, connectivity, and amenities, positioning itself as a strategic location for living or investing. Cosmopolitan consists of 57 studio apartments, 42 one-bedroom units, 13 two-bedroom units, 2 three-bedroom units, and 94 offices, designed with modern features, excellent floor plans, and high-quality finishes. Located at the corner of Luis Piera and Juan D. Jackson, in a prime location within the neighborhood. The project is housed in a 10-story building, with an average of 26 units per floor, incorporating both apartments and offices. In addition, it features 109 parking spaces and a comprehensive range of amenities, befitting its scale and profile. Amenities: Rooftop bar Spa and entertainment areas Fast-food lounge with coworking space Event space Gym Indoor pool Laundry facilities Keyless entry Bicycle rack Prices: Parking spaces starting at USD 18,500 Real estate commission: 3% + VAT (paid upon signing the purchase agreement) Closing costs: 4.5% Estimated delivery: December 2026 Investing in a project under construction provides access to units with an excellent price-to-quality ratio and potential for appreciation as construction progresses. In a market with many alternatives, choosing a project with solid fundamentals and good positioning 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 fulfilling your dream. RAZA PROPIEDADES We Are the Evolution of Real Estate RBU71611 AP7955652

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
  • Game Room

Security

  • Alarm System

Building Services

  • Elevator
  • Coworking

Lifestyle

  • Pet Friendly
  • Sea View

Nearby Essentials

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

$464,900

Concierge