Studio Apartment for Sale in Cordon

About this home

Genaro Maldonado Building, A traditionally built project located in the Barrio Sur neighborhood—at the corner of Maldonado and Julio Herrera y Obes—with quick access to Montevideo’s Rambla, surrounded by museums, theaters, art galleries, and a variety of dining options. The building will feature 36 apartments, including studio apartments and 1- and 2-bedroom units. The units will be delivered equipped with a range hood, exhaust fan, and air conditioning. It will offer a variety of amenities: Coworking space BBQ area Laundry room Bike storage Sun deck Gym The project is being developed under Law 18,795, the Promoted Housing Law (Social Housing), and therefore offers the following benefits: - Exemption from the ITP tax - Exemption from IRAE/IRPF on rental income for 10 years - Exemption from IP for 10 years Prices and Financing: Studio apartment: US$106,863 Closing costs: 4.5% Real estate agent fees: 3% plus VAT (payable upon signing the purchase agreement). Garage starting at: USD 17,550 Estimated delivery: July 2027 Ask us about the different payment and financing options!! At Raza Propiedades, your future starts today! We look forward to hearing from you—we want to help you take the next step. RAZA PROPIEDADES We Are the Future of Real Estate RBU68990 AP7742670