Apartment for Sale - Cordón DELREY PROPIEDADES
$138,312
- 1Bedrooms
- 1Bathrooms
- 546 sq ftLiving area
About this home
Cordón Sur | Promoted Housing Price paid during construction: U$S 138.312. List price: U$S 143.844. Beautiful apartment with a front-facing terrace. Living room and kitchen with dining area opening onto the inviting private terrace. Very spacious bedroom with an excellent view, closets, and a terrace. Located on a quiet, low-rise street in Cordón Sur, it combines proximity to major avenues, parks, services, educational institutions, and healthcare facilities. Excellent connections and transport to various parts of Montevideo, in a constantly growing urban area. Through-unit with a Northwest-Southeast dual orientation, excellent lighting, natural ventilation, and maximum sunlight. Kitchen with base and wall cabinets, granite or similar countertop, and stainless-steel sink. Washing machine connection. Wood-look vinyl flooring with white baseboards in the interior rooms. Spacious and accessible bathroom, with porcelain tile and ceramic flooring and wall coverings, under-sink cabinet, sanitary fixtures, faucets, and excellent-quality accessories. Wooden doors finished with white PVC laminate. Dark bronze Anolok aluminum windows and roller blinds. Provision for electrical wiring and drainage for air conditioning. Traditional construction with a reinforced-concrete structure and interior and exterior masonry walls. Quality, low-maintenance finishes: exposed concrete, glass, dark bronze-colored Anolok aluminum, and dark metal enclosures and railings. Parking spaces and bicycle parking are available on the ground floor and in the basement. Amenities are located on level 11, with a great view: Enclosed common room equipped with furniture, barbecue grill, kitchenette, and spacious terraces. Laundry room Tax benefits Project included under Promoted Housing Law No. 18.795: Exemption from VAT on the purchase price. Exemption from IRPF/IRAE for 10 years. Exemption from Wealth Tax for 10 years. Exemption from the buyer's ITP—2% of the cadastral value—on the first purchase. Garage from: Price paid during construction: U$S 20.000. List price: U$S 20.800. Payment terms Commitment: 40%. Installments during construction: 50%. Occupancy: 10%. Occupancy installment: 4%. .
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.
$138,312
