U$S 88,000

$ ~3,550,000 / U$S 3,385/m2

US$ 3,385/m2 · at the median of Palermo

Published 10 months ago
Bathrooms

1

Area

26

Construction Year

2025

Category

Apartment

Views

1075

Studio apartment for sale in Palermo

Apartment for sale in Palermo, Montevideo, Uruguay: U$S 88,000, 26 m², 1 bathroom. Published on December 16, 2025 by Aqui-Techo; updated on October 30, 2026.

Price per m² in Palermo: sale and rent

An opportunity for investment and housing in an area undergoing transformation.

Apartment features:

  • Location: rear-facing, north orientation
  • Layout: studio apartment with integrated kitchen and full bathroom
  • Brightness: very bright and spacious

High-quality equipment:

  • Kitchen with cooktop
  • Water heater
  • Upper and lower kitchen cabinets
  • Silestone-type marble countertop
  • Porcelain tile floors
  • Extractor hood
  • Video intercom
  • Security cameras in common areas
  • Individual bicycle spaces

Common areas:

  • Barbecue area
  • Solarium with bathroom and shower on the rooftop

Expenses:

  • Common expenses: approximately $2.800
  • Occupancy costs: 3%

Location and surroundings:

  • Area undergoing transformation: between Palermo and Barrio Sur, a growing area with new residential projects.
  • Proximity: close to Montevideo’s Rambla Sur and downtown, with excellent connectivity and access to a variety of services.

Construction quality and security:

  • Renovation of a building under condominium ownership, combining historic charm with modern conveniences.
  • Secure environment: equipped with security cameras in common areas.
  • Showroom available: visit our showroom to appreciate the construction quality and design of each unit.

Tax benefits:

Covered by the Promoted Housing Law (Law 18.795), offering significant tax advantages:

  • Exemption from ITP and IVA on sales
  • Exemption from IRAE and IRPF on rental income
  • Exemption from Wealth Tax for 10 years

Ideal for investors and residents:

  • Profitable investment: thanks to tax benefits and the area’s growing value.
  • Comfortable and secure housing: bright, ventilated apartments with high-quality equipment.

Contact us for more information and to arrange a visit. (CW219168)

Property details

ID

Category

Type

Area

Built Area

1365251

Apartment

Sale

26

26

Rooms

Bathrooms

Construction Year

Code

Updated

1

1

2025

EB509D

2026-01-28

Payment calculator

Monthly payment
US$ 512/mo
Loan
US$ 66.000
Interest
US$ 56.807
Total of payments
US$ 122.807
Down payment
US$ 22.000

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

Location

88к U$S

Location

Montevideo

Address

Palermo, Canelones

What's nearby

Public transport
Líneas 407
100 m · 1 min walk · 10 within 1 km
Supermarket
Devoto
130 m · 2 min walk · 24 within 1 km
School
Escuela y Liceo Elbio Fernández
120 m · 1 min walk · 32 within 1 km
Pharmacy
Olivencia
120 m · 2 min walk · 35 within 1 km
Park
Plaza Alfredo Zitarrosa
330 m · 4 min walk · 9 within 1 km
Show 6 more
University
Centro Latinoamericano de Economía Humana
220 m · 3 min walk · 8 within 1 km
Hospital or clinic
Policlínica Barrio Sur
390 m · 5 min walk · 12 within 1 km
Beach
1.2 km · 15 min walk
Bank or ATM
Banco República
250 m · 3 min walk · 32 within 1 km
Restaurant or café
Brecha Bar y Café
40 m · 1 min walk · 83 within 1 km
Gym
440 m · 6 min walk · 10 within 1 km

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

Amenities

Individual Heating

Barbecue / grill

Bedroom Closet

Terrace

Utility balcony

Air Conditioning

Patio

Pets Allowed

Price history

  • Oct 30, 2026U$S 88,000+2 %
  • Jan 9, 2026U$S 86,600Initial price

Additional Actions

Street View
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