1-Bedroom Apartment for Sale, Tres Cruces
$160,000
- 2Bedrooms
- 1Bathrooms
- 592 sq ftLiving area
About this home
1-Bedroom Apartment in Bastión Terminal II – Available Now An excellent opportunity to live or invest in one of Montevideo’s most sought-after areas. Located at the corner of Acevedo Díaz and La Paz, just a few meters from the Tres Cruces Terminal and Shopping Center, Bastión Terminal II offers excellent connectivity and immediate access to transportation, shops, services, and educational institutions. The unit features 1 bedroom, a living-dining room with an open kitchen, a full bathroom, and a spacious terrace that provides a sense of openness and excellent natural light. Its design prioritizes functionality and comfort, with well-laid-out spaces, contemporary finishes, high-quality aluminum windows, and pre-wiring for air conditioning. Amenities and Services The building features a multipurpose room (SUM) with a barbecue area—an ideal common space for gatherings and meetings. Immediate Move-In Bastión Terminal II is completed and ready to move into, allowing you to buy today and start enjoying the unit or generating rental income without waiting for construction to finish. The project is covered by the Promoted Housing Law, offering tax benefits that enhance its appeal as an investment in an area with high rental demand. Payment Options Cash: 10% upon reservation and 90% upon signing the purchase agreement. Bank financing is accepted. Occupancy and utility connection fees: 4%. Real estate commission: 3% + VAT. An opportunity that combines a strategic location, immediate availability, tax benefits, and rental potential, just steps away from one of Montevideo’s main transportation hubs and service centers. Vizcaya Real Estate Contact us for more information. We offer personalized advice so you can buy or invest with confidence, backed by our support and guidance throughout the entire process. -
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.
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$160,000
