Apartment for Sale - Cordón DELREY PROPIEDADES
$142,000
- 1Bedrooms
- 1Bathrooms
- 549 sq ftLiving area
About this home
THE LOCATION YOU'VE BEEN WAITING FOR! A 1-bedroom unit facing the street with an extraordinary penthouse-style terrace on a mid-level floor. Excellent floor plan, north-facing orientation, and plenty of natural light year-round. It stands out for its comfortable layout, spacious rooms, and an attractive terrace overlooking Charrúa Street that provides a sense of visual openness and a connection to the outdoors. The living-dining room integrates the kitchen (with a well-defined space) and living area into a modern and functional space, complemented by large windows. Comfortable bedroom with a full walk-in closet and excellent privacy. Project developed with special attention to design and construction quality: vinyl flooring aluminum window and door frames roller shades kitchen equipped with base and wall cabinets porcelain tile flooring in the bathroom and kitchen provision for air conditioning The building will feature a multipurpose room with a barbecue area and a spacious communal terrace. Project under the Promoted Housing Law with tax benefits. An excellent option for living or investing in one of the city’s most sought-after areas. Great connectivity and amenities just steps away. Tax Benefits This project qualifies for tax benefits under the Promoted Housing Law as per Law 18,795. Benefits for the end buyer: VAT exemption on the purchase price Exemption from IRPF/IRAE for 10 years Exemption from wealth tax for 10 years Exemption from property transfer tax (ITP) applicable to the first purchase Garage starting at $19,000. 4% connection fee. PAYMENT OPTIONS: Cash:* USD 142,000 • 90% upon signing the purchase agreement: USD 127,800 • 10% upon delivery: USD 14,200 • Occupancy fees: waived *Developer-financed:* USD 146,260 • 35% upon signing the purchase agreement: USD 51,191 • 55% during construction: USD 80,443 (20 installments of USD 4,022) • 10% upon delivery: USD 14,626 • Occupancy fees: USD 5,850 *With bank financing:* USD 150,520 • 20% upon signing the purchase agreement: USD 30,104 • 80% Upon delivery (bank loan): USD 120,416 • Occupancy expenses: USD 6,021 Prices in USD. Do not include the 4% connection fee. .
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
- Laundry Room
- Heating
Outdoor & Recreation
- Terrace
- BBQ Area
Building Services
- Elevator
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$142,000
