2-Bedroom Apartment with Terrace for Sale in La Blanqueada
$240,400
- 3Bedrooms
- 1Bathrooms
- 577 sq ftLiving area
- 904 sq ftLot area
About this home
2-bedroom apartment in Sky Residences, located at the intersection of Av. Italia and José Batlle y Ordóñez, in the Buceo neighborhood. A contemporary architectural project that combines design, comfort, and a strategic location, with excellent access to transportation and proximity to shopping centers, universities, healthcare facilities, green spaces, and all amenities. The unit features a modern and functional layout, with a spacious living-dining area open to the kitchen, creating an ideal setting for spending time with family or friends. Its private terrace, accessible from the living room and both bedrooms, expands the living space and allows you to enjoy excellent natural light, ventilation, and open views. The two bedrooms offer comfort and privacy, complemented by a full bathroom and high-quality finishes that reflect the attention to detail throughout the project. This unit is an excellent choice both as a primary residence and for those seeking an investment with significant appreciation potential. Project Amenities • Swimming pool. • Gym. • Barbecue areas. • Shared terraces. • Coworking space. • Meeting room. • Playroom. • 24-hour security. • Underground parking. • Bike racks. • Storage units. Project Benefits • Estimated completion: August 2028. • Project covered by the Promoted Housing Law. • 10-year income tax exemption. • 10-year exemption from wealth tax. • Bank financing up to 90%. • Occupancy fees: 4.5%. Payment Schedule with Bank Financing • 5% Reservation. • 10% Commitment payment. • 35% during construction. • 50% upon occupancy. Payment Schedule for Investors During Construction • 10% Reservation fee. • 20% Commitment payment. • 60% during construction. • 10% upon move-in. Real estate fees: 3% + VAT. Contact us for availability, updated prices, and financing options. Vizcaya Real Estate Your next home or investment starts here. -
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
- Gym
- Laundry Room
Outdoor & Recreation
- Balcony
Security
- 24/7 Security
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$240,400
