Studio Apartment for Sale in Cordon
$119,200
- 1Bedrooms
- 1Bathrooms
- 338 sq ftLiving area
About this home
Studio Apartment for Sale in Cordon Located in the vibrant Cordon neighborhood, at Colonia 2023, HUB by Block combines tradition and modernity, close to universities, cultural centers, and a wide variety of dining options. Its excellent public transportation connections and proximity to 18 de Julio Avenue and the Tres Cruces Mall make this location an ideal choice for those seeking convenience and accessibility. This innovative 11-story development offers 98 contemporary-style units: studio apartments, and 1- and 2-bedroom units. Featuring an exclusive design, the units are arranged on floors with 10 apartments each, with two elevators per block. It also includes 50 parking spaces and numerous amenities. Amenities: Swimming pool with deck Common area with barbecue Coworking space and reading room Gym and yoga studio Micro-cinema and playroom App-controlled laundry Electronic locks Charging station for electric vehicles Bicycle racks Free Wi-Fi in common areas Security cameras Prices: STUDIO USD 119,200 Garages starting at USD 18,500 (cash payment) Expected delivery: December 2027 Occupancy fees: 4.5%. Real estate brokerage fees: 3% + VAT. The project, covered by Law 18,795, offers tax benefits such as exemption from ITP and IRAE/IRPF for 10 years. An excellent investment opportunity! Contact us for more information. Don’t let this unique opportunity pass you by! We look forward to hearing from you and guiding you on the path to making your dream a reality. RAZA PROPIEDADES Your best partner in real estate development. RBU69074 AP8010190
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
- WiFi
Outdoor & Recreation
- BBQ Area
- Balcony
- Game Room
Building Services
- Elevator
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$119,200
