Apartment for Sale - Cordón DELREY PROPIEDADES
$132,100
- 1Bedrooms
- 1Bathrooms
- 468 sq ftLiving area
About this home
A very well-balanced layout, ideal for those who prioritize tranquility and well-designed spaces. These rear-facing units feature a comfortable and functional floor plan, with open-concept living areas and a pleasant terrace that provides ventilation, natural light, and a sense of outdoor space. The living-dining room with an integrated kitchen offers a modern and efficient layout, while the bedroom maintains a good degree of privacy and makes excellent use of the space. A particularly attractive option for both residential living and investment, combining contemporary design, functionality, and high-quality finishes. The project features carefully selected materials: vinyl flooring, porcelain tile, kitchens equipped with full cabinetry, aluminum windows with roller shades, and provisions for air conditioning. Roof-top amenities include a multipurpose room, a barbecue area, and a very spacious communal terrace. Project under the Promoted Housing Act. Tax Benefits This project is covered by the tax benefits law for promoted housing under 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 ITP applicable to the first purchase Garage starting at $19,000. 4% for utility connections. PAYMENT METHODS: Cash:* USD 132,100 • 90% upon signing the purchase agreement: USD 118,890 • 10% upon delivery: USD 13,210 • Occupancy fees: exempt *Financed by the developer:* USD 136,063 • 35% upon signing: USD 47,622 • 55% during construction: USD 74,835 (20 installments of USD 3,742) • 10% Upon delivery: USD 13,606 • Occupancy fees: USD 5,443 *With bank financing:* USD 140,026 • 20% Upon signing the purchase agreement: USD 28,005 • 80% Upon delivery (bank loan): USD 112,021 • Occupancy expenses: USD 5,601 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.
$132,100
