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1-Bedroom Apartment for Sale in Cordón

Acevedo Díaz y Rivera, Montevideo, Montevideo, Uruguay

$156,000

+ $1 / month HOA
For Sale
  • 2Bedrooms
  • 1Bathrooms
  • 470 sq ftLiving area
  • 506 sq ftLot area

About this home

Modern 1-bedroom apartment, ideal for both living and investing. The unit features a functional layout, with a spacious living-dining area open to the kitchen, large windows, excellent natural light, and a bedroom with a built-in closet. It features high-quality finishes, provisions for air conditioning in the living room and bedroom, and access via a smart lock. The building features a gym, multipurpose room, barbecue area, laundry room, bike rack, CCTV, intercom system, and common areas designed to provide a comfortable and safe urban lifestyle. Its strategic location offers excellent transportation options, proximity to amenities, and good connectivity to various parts of the city. Listed price includes a 5% discount. Payment schedule during construction: 10% upon signing the reservation agreement. 20% upon signing the purchase agreement, 30 days later. 60% in monthly installments during construction. 10% upon delivery of the unit. Closing costs: 4% Estimated delivery: June 2027 Real estate commission: 3% plus VAT For personalized service, contact Vizcaya Negocios Inmobiliarios. -

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

Nearby Essentials

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

$156,000

Concierge