Palermo, Durazno & Magallanes, Montevideo Departamento De Montevideo, Uruguay

U$S 153,000

$ ~6,150,000 / + $ 5,000 common expenses / U$S 2,782/m2

US$ 2,782/m2 · 17% cheaper than the median of Palermo

Published 5 days ago
Bedrooms

1

Bathrooms

1

Area

55

Category

Apartment

Views

21

Investors: renovated apartment with rental income

Apartment for sale in Palermo, Montevideo, Uruguay: U$S 153,000, 55 m², 1 bedroom, 1 bathroom. Common expenses: $ 5,000 per month. Published on October 19, 2026 by Laura Valassi; updated on October 22, 2026.

Price per m² in Palermo: sale and rent

A unit ready to generate income, as it has been rented for 10 years. It is on the first floor, accessed by a period marble staircase. The building is in a high-demand, well-connected area, close to educational centers, faculties, squares, public transport to several parts of the city, shops, entertainment venues, and the rambla.

Layout:

  • Arranged over 2 levels, with an exclusive-use rooftop terrace.
  • First level of 30 m², accessed through the living-dining room.
  • Second level of 25 m², accessed by a modern staircase made of wood, iron, and steel cables.
  • Third level with a laundry area and access to the exclusive-use 18 m² rooftop terrace.

Ground floor:

  • Living-dining room with hydro-lacquered pinotea plank floors.
  • Integrated kitchen with overhead and under-counter cabinets, and a separating counter.
  • Wood-burning stove.
  • Entry area for taking off and storing outerwear.
  • Front-facing balcony.

Upper floor:

  • Spacious area currently used as a study, with a single bed and desk.
  • Large, bright main bedroom.
  • Glazed skylight, partly fixed and partly movable for ventilation.
  • Comfortable full bathroom with good ventilation and natural light.

Rooftop terrace:

  • Laundry area with washing machine connections.
  • Exclusive-use 18 m² rooftop terrace with a barbecue grill and countertop with a stainless-steel sink.
  • Unobstructed view.

Features:

  • The property is rented.
  • Current rent: $26000.
  • Insurance company guarantee.
  • Building access is by tags.
  • The building has a shared living room and bicycle storage.

Common expenses:

Include OSE, UTE for common areas, and cleaning.

Conditions:

Bank financing accepted.
Real estate commission: 3% + VAT.

Property details

ID

Category

Type

Area

Built Area

Terrace

Rooms

1756268

Apartment

Sale

55

55

5

2

Bathrooms

Bedrooms

Common expenses

Sea Distance

Code

Updated

1

1

$ 5,000

300 m

EJ9924F

2026-10-19

Payment calculator

Monthly payment
US$ 890/mo
Loan
US$ 114.750
Interest
US$ 98.767
Total of payments
US$ 213.517
Down payment
US$ 38.250

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

Location

153к U$S

Location

Montevideo

Address

Palermo, Durazno & Magallanes, Montevideo Departamento De Montevideo, Uruguay

What's nearby

Public transport
330 m · 4 min walk · 8 within 1 km
Supermarket
Expres
320 m · 4 min walk · 23 within 1 km
School
Escuela Técnica Palermo
220 m · 3 min walk · 29 within 1 km
Pharmacy
Minas
120 m · 2 min walk · 24 within 1 km
Park
Plaza de los Treinta Y Tres
710 m · 9 min walk · 8 within 1 km
Show 6 more
University
Aulario Area Social y Artistica
440 m · 6 min walk · 13 within 1 km
Hospital or clinic
Departamento de Medicina Física y Rehabilitación
230 m · 3 min walk · 12 within 1 km
Beach
Playa Ramírez
790 m · 10 min walk
Bank or ATM
República
610 m · 8 min walk · 16 within 1 km
Restaurant or café
La Casa de Abajo
80 m · 1 min walk · 71 within 1 km
Gym
Salvaje
290 m · 4 min walk · 12 within 1 km

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

Amenities

Wood Stove

Barbecue / grill

Terrace

Utility balcony

Air Conditioning

Suitable for office

Owner financing

Additional Actions

Street View
Laura Valassi
+59...637
+59...637
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