1-Bedroom Apartment for Sale in Cordón
$122,625
- 2Bedrooms
- 1Bathrooms
- 401 sq ftLiving area
- 537 sq ftLot area
About this home
1-Bedroom Apartment at City Homes – Cordón Check out this brand-new apartment at City Homes, the new development by Pires Benlian located at Fernández Crespo and Uruguay, right in the heart of Cordón. A modern and functional project with excellent access to transportation and all the neighborhood’s amenities. The unit features a comfortable and well-designed layout. Upon entering, you’ll find an open-concept living and dining area with a kitchen, creating a practical, bright, and functional space for everyday life. The separate bedroom connects seamlessly with the rest of the unit and is conveniently located near the full bathroom. The private terrace, connected to both the living area and the bedroom, provides natural light, ventilation, and a pleasant outdoor space to enjoy right in the city. The spaces were designed to offer comfort, practicality, and easy movement, with high-quality finishes, provisions for air conditioning, and state-of-the-art windows and materials. Building Amenities City Homes offers amenities tailored to today’s lifestyle: Gym. Laundry facilities. Roof-top barbecues with views. Optional parking space. Security booth. Ground-floor retail space. Benefits and Sales Information Project covered by the Promoted Housing Act, with tax benefits in accordance with current regulations, including exemption from property transfer tax (ITP) and income tax (IRPF) for 10 years. A 4% fee for utility connections must be added to the published price. Payment Terms Down payment: 25%. 6 quarterly payments of 10%: 60%. Upon delivery: 15%. Real estate commission: 3% + VAT. An excellent option for a home or investment in an area of Montevideo experiencing significant construction growth and high rental demand. 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
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
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$122,625
