Off-Plan Sale: Two-Bedroom Apartment in Downtown Maldonado
$172,000
- 3Bedrooms
- 1Bathrooms
- 580 sq ftLiving area
- 623 sq ftLot area
- 1Parking spaces
About this home
RESIDENCE OR INVESTMENT IN DOWNTOWN MALDONADO 2-bedroom apartment with a full bathroom, living/dining room with an open kitchen, private terrace, and a Type A (14) individual parking space included. Located in Tenerife II, a modern residential development currently under construction, between Treinta y Tres and Arturo Santana streets, right in the heart of Maldonado. An excellent opportunity to purchase a brand-new, fully equipped apartment in a central location with various financing options. Images of previous projects completed by the construction company, used for illustrative purposes. EXPECTED DELIVERY: OCTOBER 2027. FULLY FURNISHED INCLUDED Air conditioning in both bedrooms and the living-dining room. Kitchen with electric oven. Range hood. Refrigerator and microwave. Base and wall cabinets. Washing machine and water heater. Bathroom vanity and exhaust fan. Closets in the bedrooms. Blackout curtains in the bedrooms. Screen curtains in the living-dining room. Double-glazed, airtight windows. Complete lighting in all rooms. AMENITIES AND SERVICES The building will feature an elevator, two communal barbecue areas on the rooftop, a video surveillance system, and individual parking spaces. Estimated future common area fees: $5,000 per month, including water, Wi-Fi, video surveillance, and maintenance of common areas. FINANCING OPTIONS Traditional payment plan: 30% down payment upon signing the purchase agreement, with the balance paid according to an agreed-upon schedule. Bank financing: up to 25 years, with monthly payments starting at approximately $30,000, subject to credit approval. Private financing: 60% down payment and a loan for the balance at an annual interest rate of 8%, subject to availability and approval. Contact us to learn about the terms and conditions and schedule a visit. Financing subject to approval, availability, and commercial terms. Installments are for informational purposes only. Estimated future common expenses are subject to change. -
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
- Furnished
- Heating
Outdoor & Recreation
- BBQ Area
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$172,000
