Apartment for Sale - Cordón DELREY PROPERTIES
$134,300
- 1Bedrooms
- 1Bathrooms
- 475 sq ftLiving area
About this home
LIMITED-TIME PROMOTIONAL PRICE. The state-of-the-art architecture combined with the contemporary design of this building offers the lifestyle you’ve been looking for. Natural lighting and ventilation. Maximum sunlight and unobstructed views of the surroundings. Amenity area on the top floor with open terraces facing both directions and an enclosed multipurpose room with a barbecue and event space. Details: Intercom system with color video camera. LED lighting in common areas. Motion sensors on landings. Porcelain tile flooring in common areas. Elevator with automatic doors, cabin featuring baseboards, handrails, stainless steel ceiling, and mirror. Facade with laminated tempered glass railings and partitions between terraces. Electrical and plumbing provisions for air conditioning units, vinyl flooring, and large aluminum windows, protected by roller shades in all rooms. Living/dining room with a comfortable terrace and a large window with a blind. Bedroom with a closet and vinyl plank flooring. Fitted kitchen with complete base and wall cabinets in melamine-finished MDF, a granite countertop, and a stainless steel sink. Separate cabinet for washing machine and water heater. Accessible bathroom with porcelain tile flooring, featuring a vanity under the sink, high-quality fixtures, faucets, and accessories Amenities: On the rooftop level, an enclosed barbecue area equipped with furniture and two spacious terraces with different orientations, to take full advantage of all the views and sunny moments throughout the day. The project is covered by Law 18,795 (Promoted Housing Law): Exemption from the Property Transfer Tax (ITP) on the first purchase. Exemption from IRAE/IRPF/IRNR on rental income for 10 years Exemption from property tax (IP) for 10 years Exemption from VAT on the purchase Payment Options: 1) Cash. * The price is in USD and does not include the 4% connection fee * Payment terms: 95% down payment, 5% upon occupancy * Eligible for bank financing—request the bank financing price list 2) Financed payment plan. * The price is in USD and does not include the 4% connection fee * Payment schedule: 35% down payment, 55% in monthly installments based on the construction schedule, 10% upon occupancy *Price list for bank loan eligibility DEL REY PROPIEDADES Address: 1318 26 de Marzo Street Phone: 27098383* Cell: 095829405 www.delrey.com.uy .
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
- Heating
Outdoor & Recreation
- Terrace
- BBQ Area
Building Services
- Elevator
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$134,300
