1-Bedroom Apartment for Sale with a Terrace in La Blanqueada
$201,900
- 2Bedrooms
- 1Bathrooms
- 431 sq ftLiving area
- 609 sq ftLot area
About this home
1-bedroom apartment in Sky Residences, located at the corner of Av. Italia and José Batlle y Ordóñez, in the Buceo neighborhood. A modern development with excellent access to transportation, close to shopping centers, universities, healthcare facilities, and green spaces—ideal for those seeking a high quality of life or an investment with great potential for appreciation. Unit 304 / 2104 features a functional and contemporary design, with an open-concept living and dining area integrated with the kitchen, a comfortable bedroom, a full bathroom, and a spacious private terrace accessible from both the living room and the bedroom. Its large windows allow for excellent natural light, creating bright, comfortable, and well-ventilated spaces throughout the day. Designed to make the most of every space, this unit is an excellent option for both owner-occupancy and rental, as part of a project developed under the Promoted Housing Law, which offers significant tax benefits. Project Amenities • Swimming pool. • Gym. • Barbecue areas. • Common 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 Act. • 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. • 35% during construction. • 50% upon occupancy. Payment Schedule for Investors During Construction • 10% Reservation. • 20% Commitment. • 60% during construction. • 10% upon occupancy. 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.
$201,900
