Studio Apartment for Sale with Patio - Cordón

About this home

Tribeca by Block – Studio Apartment with Private Patio 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, transportation, dining options, educational institutions, and recreational spaces. The unit features a functional and well-planned layout, integrating the living, dining, sleeping, and kitchen areas into a single open space. Its design allows for practical use of the space, making it ideal as a primary residence, a first investment, or a rental property. The main living area is comfortable and bright, with good access to the outdoors. The kitchen is fully integrated and comes equipped with a stove, built-in oven, and range hood. The unit also features a full bathroom and a private patio for exclusive use, ideal for providing natural ventilation and light, as well as a personal outdoor space to enjoy the fresh air, create a green corner, or set up a small relaxation area. It 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 multipurpose rooms with a 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), exemption from VAT on the purchase price, exemption from income tax on rental income, and exemption from wealth tax for 10 years. 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. -