2-Bedroom Apartment for Sale in Cordón Sur
$165,000
- 3Bedrooms
- 1Bathrooms
- 649 sq ftLiving area
- 962 sq ftLot area
About this home
2-bedroom apartment for sale in DOO Bravo, a modern building with a contemporary design located in the heart of Montevideo’s university district, on the corner of Maldonado and Yaro. Its prime location places it just a few blocks from the Schools of Law, Economics, Architecture, and Communication, as well as the Catholic University and the University of Montevideo. Additionally, it is just steps away from 18 de Julio Avenue and very close to the Tres Cruces Terminal, with access to a wide range of services, shops, bars, restaurants, theaters, and healthcare facilities. The unit offers spacious, functional, and bright living areas, designed to provide comfort and convenience in everyday life. Its two-bedroom layout makes it an excellent option for both family living and investment, in an area with high rental demand due to its proximity to educational institutions and services. The building features amenities designed to enhance residents’ quality of life, including a multipurpose lounge with a barbecue area and panoramic views, coworking spaces with terraces, a gym, a bike rack, and a laundry room. In addition, it features two elevators, smart locks with access control, a CCTV system, and provisions for charging electric cars. The project is being developed under Law 18,795 on Subsidized Housing, which provides significant tax benefits, such as exemption from the ITP, exemption from the IRAE or IRPF on rental income for 10 years, and exemption from the Wealth Tax for 10 years. An excellent opportunity to live or invest in one of the most dynamic and strategic areas of Montevideo. Contact us for more information, available units, and financing options. -
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
Outdoor & Recreation
- Balcony
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$165,000
