Apartment for Sale - Cordón DELREY PROPIEDADES
$99,359
- 1Bedrooms
- 1Bathrooms
- 368 sq ftLiving area
About this home
STUDIO APARTMENT WITH PATIO in the BEST LOCATION IN CORDÓN SUR! Exceptional location. This unit on Charrúa Street stands out for its exclusive PATIO facing the rear of the building, ensuring peace and quiet, and for its very well-designed floor plan. A modern, comfortable, and visually spacious space, featuring large windows and a pleasant connection to the outdoors. A functional and well-designed floor plan. The building combines contemporary architecture with carefully selected finishes: Aluminum windows with roller shades, high-performance vinyl flooring, kitchens equipped with base and wall cabinets, high-quality porcelain tile flooring, and provisions for air conditioning; a generously sized bathroom fully tiled with porcelain tile. Roof-top amenities featuring a multipurpose room with a barbecue area and a large open terrace. Project under the Promoted Housing Law, ideal for residential use or investment. Building with a multipurpose room featuring a barbecue area and a large terrace with views. Covered under the Promoted Housing Law. Ideal for primary residence or investment. Tax Benefits This project is included in the tax benefits program for promoted housing under Law 18,795. Benefits for the end buyer: VAT-exempt purchase price Exemption from IRPF/IRAE for 10 years Exemption from Wealth Tax for 10 years Exemption from ITP applicable to the first purchase Garage starting at U$S 19,000. 4% for utility connections. Payment options: Cash:* USD 99,359 • 90% upon signing the purchase agreement: USD 89,423 • 10% upon delivery: USD 9,936 • Occupancy fees: exempt *Financed by the developer:* USD 102,340 • 35% upon signing the purchase agreement: USD 35,819 • 55% during construction: USD 56,287 (20 installments of USD 2,814) • 10% Upon delivery: USD 10,234 • Occupancy fees: USD 4,094 *With bank financing:* USD 105,321 • 20% Upon signing the purchase agreement: USD 21,064 • 80% Upon delivery (bank loan): USD 84,256 • Occupancy expenses: USD 4,213 Prices in USD. Do not include the 4% connection fee. ASK FOR DETAILS! .
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
- BBQ Area
Building Services
- Elevator
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$99,359
