Two-bedroom apartment with a terrace for sale in Downtown Montevideo
$180,681
- 2Bedrooms
- 1Bathrooms
- 527 sq ftLiving area
- 775 sq ftLot area
About this home
The opportunity you’ve been waiting for—ideal for a home or an investment: A brand-new, functional 2-bedroom unit on the 9th floor with a balcony, an open-concept living and dining area, a galley kitchen with a laundry area, a good-sized full bathroom with four fixtures, and spacious bedrooms. Spacious entryway. It’s located in a highly sought-after residential neighborhood in the heart of the city, within walking distance of shops and a lively nightlife, close to schools, parks, playgrounds, hospitals, and shopping centers, with easy access to public transportation. Set in a modern and innovative building full of amenities and facilities for its residents, ensuring spaces for the whole family to enjoy. Want more information? Get in touch! We can help you choose the home you’re looking for. THE BUILDING: 01 SYNC Located right in the heart of the city, where Barrio Sur and the Downtown area meet. Just a few meters from the Rambla. A rapidly growing area with excellent connectivity to the rest of the city and surrounded by amenities. The project consists of two 11-story north-facing towers with a total of 104 apartments, as well as garages, parking spaces, and storage units on the ground floor and basement levels. Based on an ultra-modern and high-tech concept, with common areas that allow residents to work, study, exercise, and socialize all in one place. Residents can also manage their apartment and common areas via their cell phones. The units will feature a home automation kit for controlling lighting, curtains, and electronic locks, as well as outdoor spaces and flexible furnishings for mixed-use in studio apartments. It will also feature a flexible entrance hall that integrates retail spaces, meeting rooms, a gym, and an interior courtyard. The North Tower offers a rooftop with excellent views of the city, while the South Tower offers views of the Rambla and the sea. Coliving space: A spacious multipurpose lounge with a bathroom and kitchenette, equipped with a lighting control system for the spaces, as well as audio and video, ideal for meetings or events. Solarium, wet spa, laundry, and drying area. The project is being developed under the Promoted Housing Law, which provides the following benefits: - Exemption from the Property Transfer Tax (ITP) - Exemption from IRAE/IRPF on rental income for 10 years - Exemption from IP tax for 10 years Amenities Barbecue area Gym Garden Multipurpose room Co-working space Rooftop Contact us for available apartments. - Occupancy fees: 4.75% - Real estate commission: 3% plus VAT (payable upon signing the purchase agreement). For more information, pricing, financing options, and personalized advice, contact Vizcaya Negocios Inmobiliarios. We’ll guide you through the entire process so you can buy or invest with confidence and 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.
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$180,681
