1-Bedroom Apartment for Sale in Cordón
$151,000
- 2Bedrooms
- 1Bathrooms
- 495 sq ftLiving area
- 547 sq ftLot area
About this home
This 1-bedroom apartment at Oblivion Montevideo offers an excellent combination of contemporary design, functionality, and a strategic location. With an efficient layout and well-designed spaces, the unit is perfectly suited for those seeking comfort, style, and an active urban lifestyle. The living-dining area flows seamlessly into a modern open-concept kitchen, creating a spacious and bright environment ideal for everyday living. The bedroom is comfortable, with good ventilation and excellent natural light thanks to its large windows. The unit also features a private terrace, perfect for enjoying the outdoors from the privacy of your home. Building Amenities Barbecue area with panoramic views. Laundry room. Intercom system. Optional parking spaces. Location Its location on Colonia and Vázquez, in the heart of Cordón, makes it an excellent option for both living and investing. It is close to universities, educational centers, shops, services, transportation, and key locations in Montevideo. It is a high-demand area, ideal for students, professionals, or investors seeking a property with good rental potential. The project offers financing options: A 35% down payment in cash, with the remaining 65% financed in U.S. dollars interest-free until construction is completed. An excellent opportunity to acquire a modern, well-located unit with great potential in one of Montevideo’s most dynamic areas. Vizcaya Real Estate Contact us for more information or to receive personalized advice. We’ll guide you through the entire process so you can buy or invest with confidence and professional support. -
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
Outdoor & Recreation
- BBQ Area
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$151,000
