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Studio Apartment for Sale with Terrace in Malvin—Includes Rent—

Rambla O`Higgins, Montevideo, Montevideo, Uruguay

$161,500

+ $1 / month HOA
For Sale
  • 1Bedrooms
  • 1Bathrooms
  • 301 sq ftLiving area
  • 463 sq ftLot area

About this home

Studio Apartment for Sale - With Rent - Spectacular studio apartment facing the street with a large terrace in a prime location. Imagine a cozy living area with access to the terrace and a beautiful view.  The separate kitchen stands out, featuring upper and lower cabinetry and equipped with an oven, stove, and range hood.  Spacious bathroom with high-quality finishes. About Torre Arenas Torre Arenas is a modern residential complex located on the corner of Rambla O’Higgins and 18 de Diciembre, in one of Montevideo’s most sought-after neighborhoods. Its prime location offers excellent connectivity, proximity to green spaces, the Rambla, shopping centers, restaurants, services, and all the attractions of Malvín. The development consists of five towers with apartments of various types, designed to accommodate different lifestyles, combining contemporary architecture, high-quality materials, and excellent design. Residents enjoy more than 1,700 m² of amenities, including: Panoramic rooftop pools. Jacuzzis. Gym and fitness area. Solarium. Barbecue areas. Event rooms. Laundry facilities. Spacious common areas. Sales Terms Optional parking spaces starting at USD 30,000. Maintenance fees: 4%. Real estate commission: 3% + VAT. Inquire about units available for rent and current financing plans. Vizcaya Real Estate We offer personalized advice to help you find the unit that best suits your needs, whether for living or investing. -

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

  1. Identification and funds

    Prepare a valid passport or identification, powers of attorney where applicable and source-of-funds documentation.

  2. Title due diligence

    The notary reviews ownership, cadastral parcel, registry history, liens, debts, plans and the property's legal status.

  3. Reservation or purchase agreement

    Define price, currency, deposit, conditions, timelines and allocation of costs.

  4. 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
  • Heating

Outdoor & Recreation

  • BBQ Area
  • Game Room

Security

  • 24/7 Security

Lifestyle

  • Pet Friendly

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$161,500

Concierge