Apartment for Sale - La Blanqueada DELREY PROPERTIES
$124,892
- 1Bedrooms
- 1Bathrooms
- 517 sq ftLiving area
About this home
THE APARTMENT YOU'VE BEEN WAITING FOR. IN THE HEART OF BLANQUEADA, JUST A STONE'S THROW FROM BATLLE PARK, WITH ALL AMENITIES AND EASY ACCESS TO THE ENTIRE CITY. It’s a residential area with a variety of amenities, excellent infrastructure, and close to healthcare facilities, schools, universities, and the city’s “green lung,” where you can enjoy expansive, tree-lined green spaces. This apartment features a spacious living-dining room opening onto a front terrace and a comfortable bedroom facing the rear of the building, perfect for a peaceful night’s rest. Fitted kitchen with ample cabinet space. Very spacious and modern bathroom. Space specially designed to connect your washing machine. General Features: Optional parking space on the ground floor Traditional construction with high-quality finishes AMENITIES Enclosed common area with barbecue. Two terraces with views. Laundry room in the building. ORIENTATION: Northeast–Southwest LIGHTING: Open-concept rooms with unobstructed views and optimal sunlight Finishes Building Services and Amenities: Intercom system with color video camera. LED lighting in common areas. Motion sensors on landings. Porcelain tile flooring in common areas. Elevator with automatic doors. Cabin featuring baseboards, handrails, and a ceiling made of stainless steel and mirror. Provision for electric vehicle charging in the parking lot. The Units: The units feature private terraces or patios, with balcony partitions. Living areas and bedrooms include electrical and plumbing connections for air conditioning units. Vinyl flooring and large aluminum windows, protected by roller shades in all rooms. The bedrooms feature built-in closets and vinyl plank flooring. Built-in kitchens with complete under-counter and wall cabinets in melamine. Granite countertops and stainless steel sink. Space provided for a washing machine and separate water heater. Spacious, accessible bathrooms tiled with porcelain, featuring a vanity unit, high-quality fixtures, faucets, and accessories. Tax Benefits This project is covered by the housing tax benefits law established under Law 18,795. Benefits for the End Buyer: VAT exemption on the purchase price Exemption from IRPF/IRAE for 10 years Exemption from Wealth Tax for 10 years Exemption from Property Transfer Tax (ITP) applicable to the first purchase References: Prices: Cash: 90% upon signing the purchase agreement; 10% upon delivery of the unit. 4% occupancy fees are exempt. Price Financed by the Developer: 20% upon signing the purchase agreement, 60% financed during construction, 20% upon delivery of the unit upon completion of construction. Bank-Financed Price: 20% upon signing the purchase agreement, 80% upon delivery once the bank grants the loan The price is in USD and does not include the 4% connection fees Cash:* USD 124,892 • 90% upon signing the purchase agreement: USD 112,403 • 10% upon delivery: USD 12,489 • Occupancy fees: waived *Developer-financed:* USD 128,639 • 20% upon commitment: USD 25,728 • 60% during construction: USD 77,183 (26 installments of USD 2,969) • 20% upon delivery: USD 25,728 • Occupancy fees: USD 5,146 *With bank financing:* USD 136,357 • 20% upon signing the purchase agreement: USD 27,271 • 80% Upon delivery (bank loan): USD 109,086 • Occupancy expenses: USD 5,454 Prices in USD. Do not include the 4% connection fee. .
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
- Heating
Outdoor & Recreation
- Terrace
- BBQ Area
Building Services
- Elevator
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$124,892
