2-Bedroom Apartment for Sale in Roosevelt, Punta del Este
$188,683
- 2Bedrooms
- 2Bathrooms
- 710 sq ftLiving area
- 866 sq ftLot area
About this home
This modern 2-bedroom apartment in the Erre 16 Project combines comfort, style, and a prime location in the Cantegril neighborhood, on Roosevelt Avenue. Designed with quality of life and sustainability in mind, it features a covered terrace with panoramic views, large floor-to-ceiling windows that fill the space with natural light, and a built-in kitchen equipped with a stove, oven, and designer cabinetry with quartz or granite countertops. The apartment offers private parking and high-end finishes in the bathrooms and porcelain tile flooring. Ideal for both permanent residence and as an investment with rental potential, the building features amenities such as a swimming pool, barbecue areas with views, bicycle parking, state-of-the-art elevators, and an exclusive floor with panoramic views. Built with high-quality materials, it features DVH glass facades and details that ensure comfort and functionality. Common area fees are low and financing is flexible, making this property an excellent opportunity in an area surrounded by the best shops and private universities. Facilities and Amenities Barbecue Area Co-working Space Bicycle Storage Jacuzzi Laundry Room Swimming Pool Multipurpose Room Solarium PAYMENT PLAN 10% upon reservation 20% upon signing the purchase agreement 20% in installments during construction * 50% upon move-in, payable in cash or in post-move-in installments ** * Up to 20 interest-free installments depending on the date the purchase agreement is signed. ** Up to 24 installments with interest at USD + 8.5% per year (4.5% UI) Move-in Fees: 5% Price does NOT include parking spaces. Purchase starting at USD 17,000 -
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.
Nearby Essentials
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$188,683
