Studio Apartment for Sale with Balcony - Cordón
$104,100
- 1Bedrooms
- 1Bathrooms
- 323 sq ftLiving area
- 444 sq ftLot area
About this home
Tribeca by Block – Studio Apartment with Balcony Studio apartment in Tribeca by Block, located in Cordón, a central, university-oriented, cultural, and well-connected neighborhood in Montevideo. The area offers easy access to services, shops, public transportation, dining options, educational institutions, and recreational spaces. The unit features a spacious and functional main area, integrating the living room, dining area, relaxation area, and kitchen into a practical and modern layout. Its design makes the most of every space, creating a comfortable, bright, and livable unit. The kitchen is fully integrated, with ample counter space and complete equipment for daily use, including a stove, built-in oven, and range hood. The studio apartment also features a full bathroom and a private balcony, ideal for providing natural ventilation, light, and a personal outdoor space to enjoy every day. The apartment will be delivered with modern finishes, installed air conditioning, an electronic lock, DVH glass, and motorized blackout curtains. Tribeca by Block is an excellent option for both owner-occupancy and investment, located in a contemporary building with amenities designed for urban living. Amenities and Services Fully equipped gym. Coworking space with a meeting room. Game room. Laundry room. Communal patio with a barbecue. 2 common areas with barbecues. Swimming pool. Solarium. Bicycle racks. Optional parking spaces. Provision for an electric vehicle charging station. Electronic locks. DVH glass and motorized blackout curtains. Tax Benefits Tribeca by Block is covered under the Promoted Housing Law, which offers tax benefits and exemptions for buyers, including exemption from the Property Transfer Tax (ITP), VAT exemption on the purchase price, income tax exemption on rental income, and a 10-year exemption from the wealth tax. Sales Information Estimated delivery: March 2027. Cash payment terms: 80% upon signing the purchase agreement. 20% upon delivery. Payment terms during construction: 30% upon signing the purchase agreement. 60% during construction. 10% upon delivery. Occupancy and utility connection fees: 4%. Bank financing is not accepted. 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
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
- Game Room
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$104,100
