Centro, Río Negro 1500

U$S 124,900

$ ~5,020,000 / + $ 5,500 common expenses / U$S 2,974/m2

US$ 2,974/m2 · 1% pricier than the median of Centro

Published 14 months ago
Bedrooms

1

Bathrooms

1

Area

42

Construction Year

2025

Category

Apartment

Views

1120

Studio apartment for sale in Altos de Río Negro, Downtown Montevideo

Apartment for sale in Centro, Montevideo, Uruguay: U$S 124,900, 42 m², 1 bedroom, 1 bathroom. Common expenses: $ 5,500 per month. Published on August 14, 2025 by Inmobiliaria Ricardo Gorga.

Price per m² in Centro: sale and rent

Brand-new studio apartment for sale in Altos de Río Negro, Downtown, Montevideo. Immediate occupancy.

Promoted Housing:

  • Law 18.795
  • Exemption from ITP (2% of the cadastral value)
  • Exemption from IRAE/IRPF on rental income for 10 years
  • Exemption from Wealth Tax for 10 years

Rooms:

  • Open-plan room integrated with the kitchen
  • 1 full bathroom
  • Terrace
  • Garage option

Highlights:

  • Promoted Housing Law
  • Brand new
  • Excellent location

Areas:

  • Covered: 37 m²
  • Uncovered: 2 m²
  • Total: 39 m²

Description:

Altos de Río Negro is in the heart of central Montevideo, minutes from 18 de Julio and the Rambla. The development offers 40 apartments: 19 will have 1 bedroom (2 of them duplexes) and 21 will be studios.

Features:

  • All units will have double-glazed windows (DVH) and kitchens with upper and lower cabinets, a vitroceramic cooktop, built-in oven and extractor hood.
  • The 3 apartments on the top floor will have a terrace and parrillero.
  • The ground floor will have a commercial space and the building entrance hall. The basement will have 9 vehicle parking spaces and bicycle parking.
  • The top level of the building will have a multipurpose room with parrillero, bathroom and kitchenette, a rooftop with independent access, and an outdoor parrillero.

Available units:

  • Commercial space: USD 450,000
  • Studio from USD 98,900*
  • 1-bedroom apartment from USD 114,900*
  • *Plus 4% for connections

Garages:

  • Available from USD 19,000

Common expenses:

  • Estimated monthly amount: $5,500 / $6,000

Marketed by:

Inmobiliaria Ricardo Gorga. Real estate fee: 3% + VAT.

Property reference: 66669

Property details

ID

Category

Type

Area

Built Area

Rooms

1216116

Apartment

Sale

42

42

2

Bathrooms

Bedrooms

Construction Year

Common expenses

Code

Updated

1

1

2025

$ 5,500

L7F7EB

2025-08-14

Payment calculator

Monthly payment
US$ 726/mo
Loan
US$ 93.675
Interest
US$ 80.628
Total of payments
US$ 174.303
Down payment
US$ 31.225

Approximate: fixed rate, no insurance or fees. Check the terms with your bank.

Location

124.9к U$S

Location

Montevideo

Address

Centro, Río Negro 1500

What's nearby

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University
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Bank or ATM
Banco República
30 m · 1 min walk · 44 within 1 km
Restaurant or café
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100 m · 1 min walk · 102 within 1 km
Gym
Wellnes Gym
530 m · 7 min walk · 3 within 1 km

Straight-line distance, walking time at 4.8 km/h. Map data © OpenStreetMap contributors

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