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Two-Bedroom Apartment with Terrace for Sale or Rent in Downtown

Héctor Gutiérrez Ruiz, Montevideo, Montevideo, Uruguay

$163,600

+ $1 / month HOA
For Sale
  • 3Bedrooms
  • 1Bathrooms
  • 571 sq ftLiving area
  • 1,037 sq ftLot area

About this home

2-Bedroom Apartment for Sale with Patio and Balcony in Horus Art 3 2-bedroom apartment for sale in Horus Art 3, a development located in the Barrio de las Artes neighborhood on Soriano Street, in a prime area of Montevideo, close to the Rambla, Ciudad Vieja, and the city’s main business district. The unit stands out for its functional layout and its private outdoor spaces. It features a separate living-dining area, a kitchen, 2 bedrooms, a full bathroom, a front balcony, and a spacious patio for exclusive use, creating a comfortable, practical, and well-designed floor plan. The living-dining area is located at the front of the unit and opens onto the balcony, providing natural light and ventilation. The separate kitchen allows for greater convenience in daily use and maintains a clear separation from the living area. The private area consists of two well-distributed bedrooms, both offering good privacy from the living-dining area. The patio is one of the unit’s key features, ideal for enjoying the outdoors, adding plants, creating a relaxation space, or complementing the home with a private outdoor area. Horus Art 3 offers tax and financial benefits under the Social Housing Act No. 18,795, making it an excellent option for both owner-occupancy and investment. The project features high-quality finishes with a modern, versatile, and functional design. Images are for reference only. Amenities and Services Bike parking. Virtual concierge. Electric fence. Perimeter fence. Payment Terms Cash: 10% reservation deposit. 90% upon signing the purchase agreement. Bank financing is accepted, subject to approval by the relevant financial institution. Closing costs: 4%. Real estate commission: 3% + VAT. Contact Vizcaya Negocios Inmobiliarios for more information, updated availability, and personalized advice. -

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

Nearby Essentials

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

$163,600

Concierge