One-bedroom apartment for sale with a terrace in Cordón
$157,368
- 2Bedrooms
- 1Bathrooms
- 435 sq ftLiving area
- 481 sq ftLot area
About this home
1-Bedroom Apartment for Sale with Terrace in Cordón – Arcadia Building Excellent 1-bedroom apartment with a terrace in the Arcadia Building, located in the heart of Cordón, a prime area of Montevideo with excellent transportation links and high rental demand. The unit features a modern and functional layout, with a kitchen open to the living-dining area, a comfortable bedroom, a full bathroom, and a private terrace, providing plenty of natural light and a pleasant outdoor space. Arcadia is a project designed for both living and investing, particularly attractive to students, professionals, and investors due to its proximity to universities, educational centers, services, transportation, and green spaces. It is also located approximately 400 meters from Batlle Park. Amenities - Barbecue area with terrace. - Sun deck. - Industrial-grade laundry room. - Bicycle parking. - Intercom system. Project Benefits - Strategic location in Cordón. - High rental demand. - Projected annual return of 7.5% in dollars. - Tax benefits provided for under applicable regulations. - No occupancy fees. - No connection fees. - Commercial discounts available. Financing During Construction Interest-free financing in U.S. dollars: - 80% down payment + 20% financed until completion of construction. - 35% down payment + 65% financed until completion of construction. - Option to inquire about other financing plans during the construction period. - In-house financing for up to 24 months. Commercial benefit 5% discount on the unit price, subject to the corresponding payment method. Commercial information Estimated delivery: November 2026. Real estate commission: 3% + VAT. An excellent opportunity for those looking for a 1-bedroom apartment with a terrace in Cordón, with financing available during construction and very good rental potential. Vizcaya Real Estate Contact us for pricing, availability, floor plans, and financing options. -
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
Outdoor & Recreation
- BBQ Area
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$157,368
