Studio Apartment for Sale with Balcony - Cordón

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, resulting in 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 private 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 meeting room. Game room. Laundry room. Communal patio with barbecue. 2 common areas with barbecue. Swimming pool. Solarium. Bicycle racks. Optional parking spaces. Provision for a 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 Schedule: 80% upon signing the purchase agreement. 20% upon delivery. Payment Schedule 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. -