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Studio Apartment for Sale with a Terrace in Malvin

Rambla O`Higgins, Montevideo, Montevideo, Uruguay

$138,000

+ $1 / month HOA
For Sale
  • 1Bedrooms
  • 1Bathrooms
  • 297 sq ftLiving area
  • 420 sq ftLot area

About this home

Studio Apartment for Sale with Terrace in Malvín – Torre Arenas Excellent studio apartment with a terrace in Torre Arenas, located on the corner of Rambla O’Higgins and 18 de Diciembre in Malvín. The unit is located in Tower IV and features a functional layout, with a generously sized main living area, an integrated kitchen, a full bathroom, and a pleasant terrace that provides ample natural light and a connection to the outdoors. According to the floor plan, it has a total area of approximately 30.38 m², distributed among interior space, walls, ductwork, the terrace, and common areas. The apartment was designed with construction solutions focused on comfort and efficiency. The aerated concrete walls provide thermal, acoustic, and fire insulation, while the aluminum windows with hermetically sealed double glazing (DVH) enhance insulation, energy efficiency, and indoor comfort. The kitchen fixtures and bathroom fixtures complement a modern and functional design, ideal for both owner-occupancy and investment. Images are for illustrative purposes only. About Torre Arenas Torre Arenas is a modern residential complex located on the Rambla de Malvín, in one of Montevideo’s most sought-after neighborhoods. Its location offers excellent connectivity, proximity to the Rambla, green spaces, shops, services, dining options, and various neighborhood attractions. The development features a variety of apartment types and more than 1,700 m² of amenities and common areas. Amenities - Panoramic rooftop pools. - Sun deck. - Hot tubs. - Gym. - Fitness area. - Barbecue areas. - Event rooms. - Laundry facilities. - Spacious common and recreational areas. Optional parking spaces Starting at USD 30,000. Price includes VAT. Fees - Occupancy fees: 4% of the price, covering utility connections, building permits, survey plans, and co-ownership regulations. - Real estate commission: 3% + VAT. An excellent option for those looking for a studio apartment in Malvín with a terrace, amenities, and long-term post-occupancy financing, near the Rambla. Vizcaya Real Estate Contact us for pricing, availability, floor plans, garage options, and financing terms. -

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.

$138,000

Concierge