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1-Bedroom Apartment for Sale with a Large Open Terrace in Pocitos

Av.Gral Rivera 2553, Montevideo, Montevideo, Uruguay

$186,800

+ $1 / month HOA
For Sale
  • 2Bedrooms
  • 1Bathrooms
  • 523 sq ftLiving area
  • 1,362 sq ftLot area

About this home

Brío Rivera – 1-bedroom apartment with a large terrace in Pocitos Estimated completion: February 2027 This 1-bedroom, 1-full-bathroom apartment features a functional layout that separates the living area from the sleeping quarters and stands out for its spacious, private terrace, designed as an extension of the living room. The entryway leads into the living area, which consists of an open-concept kitchen, dining room, and living room. The layout allows for a comfortable arrangement of the dining area and living room, with direct access to the terrace. The kitchen is integrated into the space via a counter or peninsula, which provides counter space and can also be used for casual meals. It features a granite or similar countertop, a stainless steel sink, and base and wall cabinets. The unit comes with a stove, oven, and water heater already installed, as well as air conditioning in the living room and bedroom. From the social area, a hallway leads to the private area, where the separate bedroom and full bathroom are located. The bedroom has a closet and a window opening to the outside. One of the unit’s main features is its large private terrace, with enough space to create different areas—such as an outdoor dining area, a living area, a space for plants, or lounge chairs—creating an ideal setting for enjoying the outdoors. Finishes include aluminum windows, wood-look flooring, and porcelain tile, depending on the room. Located on Av. Gral. Rivera, between Ponce and Obligado, in Pocitos, the project offers proximity to Parque Batlle, shops, schools, healthcare facilities, and dining options. Amenities and Services - Barbecue area with a panoramic terrace. - Gym with city views. - 360° panoramic terrace with an aerobic circuit. - Laundry facility managed via an app. - Bicycle rack. An option suitable for both owner-occupancy and investment, featuring a separate bedroom, included appliances, and a remarkable private outdoor space. Payment Options Cash: 80% upon signing the purchase agreement. 20% upon delivery. Construction Schedule: 10% reservation deposit in U.S. dollars. 25% upon signing the purchase agreement, in U.S. dollars. 55% in 18 equal, monthly, and consecutive installments. 10% upon possession and/or transfer of title. Closing costs: 5%. Commission: 3% plus VAT. Vizcaya Real Estate For information on prices, availability, parking spaces, and terms of sale, please contact us. We provide personalized advice and guide you through the entire purchasing process. Images are for illustrative purposes only. -

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

  • Gym
  • Laundry Room

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$186,800

Concierge