Studio Apartment with Patio for Sale in Punta Carretas
$159,900
- 1Bedrooms
- 1Bathrooms
- 418 sq ftLiving area
- 652 sq ftLot area
About this home
Park Square Franzini – Studio Apartment with Private Patio in Punta Carretas Available Now Studio apartment with a full bathroom and a private patio, featuring a functional layout that allows for separate living, dining, and sleeping areas. The built-in kitchen, located near the entrance, features a counter that provides counter space and a place to eat. The full bathroom is located next to the entrance, separate from the main living area. A sliding door connects the living area to the private patio, which offers space to add plants, set up an outdoor dining area, or enjoy an outdoor relaxation area. Features include aluminum windows with hermetically sealed double glazing and thermal breaks, wood-look flooring in the main living area, and a digital lock on the entrance door. Located on Luis Franzini Street in Punta Carretas, near Parque Rodó and the Rambla, the building features a rooftop with an outdoor barbecue, a gym, a laundry room, bicycle storage, Wi-Fi in common areas, 24-hour security, and two elevators. Optional parking spaces, subject to availability. An excellent option for both owner-occupancy and investment, featuring private outdoor space and immediate availability. Payment Terms 10% upon signing the reservation agreement. 90% upon signing the purchase agreement. Bank financing accepted. Occupancy and utility connection fees: 5%. Real estate commission: 3% + VAT. Vizcaya Real Estate To inquire about prices, availability, parking spaces, or to schedule a tour, please contact us. We’ll guide you through the entire purchasing process. Images are for illustrative purposes only. -
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
- Gym
- Laundry Room
- WiFi
Security
- 24/7 Security
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$159,900
