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Apartment for Sale - Cordón DELREY PROPIEDADES

LA MEJOR UBICACIÓN Charrúa y Eduardo Acevedo, Montevideo, Montevideo, Uruguay

$94,100

For Sale
  • 1Bedrooms
  • 1Bathrooms
  • 334 sq ftLiving area

About this home

STUDIO APARTMENT in the BEST LOCATION IN CORDÓN SUR with a TERRACE! This unit, facing the rear of the building, offers the ideal tranquility for relaxation despite being on Charrúa Street and in an area with all amenities and excellent connectivity. A modern, comfortable, and visually spacious living area, featuring large windows and a pleasant opening onto the terrace. A functional and well-designed floor plan. The building combines contemporary architecture with carefully selected finishes: Aluminum windows with roller shades, high-performance vinyl flooring, kitchens equipped with base and wall cabinets, high-quality porcelain tile flooring, and provisions for air conditioning; a generously sized bathroom fully tiled with porcelain tile. Roof-top amenities featuring a multipurpose room with a barbecue area and a large open terrace. Project under the Promoted Housing Law, ideal for residential use or investment. Building with a multipurpose room featuring a barbecue area and a large terrace with views. Covered under the Promoted Housing Act. Ideal for primary residence or investment. 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 options:  Cash:* USD 94,100 • 90% upon signing the purchase agreement: USD 84,690 • 10% upon delivery: USD 9,410 • Occupancy fees: exempt *Financed by the developer:* USD 96,923 • 35% upon signing: USD 33,923 • 55% during construction: USD 53,308 (20 installments of USD 2,665) • 10% upon delivery: USD 9,692 • Occupancy fees: USD 3,877 *With a bank:* USD 99,746 • 20% upon signing the purchase agreement: USD 19,949 • 80% Upon delivery (bank loan): USD 79,797 • Occupancy fees: USD 3,990 Prices in USD. Do not include the 4% connection fee. ASK FOR MORE INFORMATION! .

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
  • 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.

$94,100

Concierge