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One-Bedroom Apartment for Sale in Palermo - 804

Isla de Flores, Montevideo, Montevideo, Uruguay

$153,550

For Sale
  • 2Bedrooms
  • 1Bathrooms
  • 474 sq ftLiving area
  • 1Parking spaces

About this home

SPECIAL OFFER!!! 7% DISCOUNT FOR CASH PAYMENT!!! LIST PRICE: $153,550. Brand-new building. 1-bedroom apartment for sale in Palermo. 8th floor, north-facing unit on the rear side of the building. Living/dining room with terrace, open-concept kitchen, 1 bedroom, and 1 bathroom. The building features a spacious lobby, a fully equipped coworking space on the 11th floor, a barbecue area, and a rooftop terrace with a view. It qualifies for the benefits under the Subsidized Housing Act No. 18,795. Optional garage starting at U$S 19,500, not included in the price. Payment terms: 10% down payment 90% upon signing Closing costs: 4% u804 Ref. KW Arbet Soho Reference: ABU48231 AP4876783 Brokerage fees: Sales: 3% + VAT Rentals: One month’s rent + VAT The information contained in this document has been provided in its entirety by the property owner(s). Arquibrokers Real Estate Services is not liable for any discrepancies or changes that may arise from this document.

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

  1. Identification and funds

    Prepare a valid passport or identification, powers of attorney where applicable and source-of-funds documentation.

  2. Title due diligence

    The notary reviews ownership, cadastral parcel, registry history, liens, debts, plans and the property's legal status.

  3. Reservation or purchase agreement

    Define price, currency, deposit, conditions, timelines and allocation of costs.

  4. 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

Outdoor & Recreation

  • Terrace

Building Services

  • Elevator

Lifestyle

  • Pet Friendly

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$153,550

Concierge