Cordón, Mercedes Y Magallanes

U$S 162,000

$ ~6,510,000 / + $ 4,800 common expenses / U$S 2,219/m2

US$ 3,240/m2 · 2% pricier than the median of Cordón

On the market since Oct 4, 2026 · Previously listed at U$S 162,000
Bedrooms

1

Bathrooms

1

Area

73

Construction Year

2026

Category

Apartment

Views

29

Sale or rent: 1-bedroom apartment in Cordón, Soho Mercedes

Apartment for sale in Cordón, Montevideo, Uruguay: U$S 162,000, 50 m², 1 bedroom, 1 bathroom. Common expenses: $ 4,800 per month. Published on October 15, 2026 by Monymar; updated on October 19, 2026.

Price per m² in Cordón: sale and rent

Inmobiliaria Monymar. Brand-new, front-facing penthouse-style apartment on Mercedes and Magallanes, near 18 de Julio, Plaza de los Bomberos, and steps from the university.

Layout:

  • Living-dining room with an integrated kitchen, included base cabinets, and access to the front terrace
  • 1 bedroom with a roller shutter
  • 1 full bathroom

Features:

  • Provision for air conditioning
  • Optional garage
  • Approx. common expenses: $ 4800

Amenities:

  • Gym
  • Terrace with barbecue grill
  • Coworking space

Rental price:

  • 204) $ 29.000
  • Optional garage for all units: $ 3200

Rental guarantee:

We are insurance brokers for Porto, Sura, Surco, Sancor, SBI, and Mapfre, and we manage your rental guarantee faster and more easily. Ask about other insurers and guarantees.

Furnishings:

All our apartments and houses for rent can be rented furnished for a small additional cost.

Sale price:

  • 204) 162.000 -
  • All units can have an optional garage added for U$S 15.450 + 4,5% occupancy costs (always).

Benefits of Law 18795:

The building is covered by Law 18795 of the National Housing Agency, with all benefits for buyers granted by that law:

  • Exemption from VAT on the purchase price
  • Exemption from ITP (2% of the cadastral value)
  • Exemption from wealth tax for 10 years
  • Exemption from income tax (IRPF or IRAE) for 10 years

Area:

  • 204) 49,61m2 private area including walls + 8m2 common area + 15,42m2 terrace = 73,03m2 total

Ask about other available units.

(ap 6241)

Property details

ID

Category

Type

Area

Built Area

Terrace

Rooms

1666253

Apartment

Sale

73

50

15

2

Bathrooms

Bedrooms

Construction Year

Common expenses

Code

Updated

1

1

2026

$ 4,800

F113AB

2026-10-17

Payment calculator

Monthly payment
US$ 942/mo
Loan
US$ 121.500
Interest
US$ 104.577
Total of payments
US$ 226.077
Down payment
US$ 40.500

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

Location

162к U$S

Location

Montevideo

Address

Cordón, Mercedes Y Magallanes

What's nearby

Public transport
160 m · 2 min walk · 12 within 1 km
Supermarket
Comag
80 m · 1 min walk · 26 within 1 km
School
Colegio Nacional José Pedro Varela
100 m · 1 min walk · 27 within 1 km
Pharmacy
Farmashop
120 m · 1 min walk · 30 within 1 km
Park
Plaza de los Treinta Y Tres
10 m · 1 min walk · 10 within 1 km
Show 6 more
University
Facultad de Artes
200 m · 2 min walk · 15 within 1 km
Hospital or clinic
Consultorios Constituyente
400 m · 5 min walk · 16 within 1 km
Beach
Playa Ramírez
1.5 km · 19 min walk
Bank or ATM
República
90 m · 1 min walk · 23 within 1 km
Restaurant or café
El Medallón
60 m · 1 min walk · 68 within 1 km
Gym
Aerobic
380 m · 5 min walk · 13 within 1 km

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

Amenities

Individual Heating

Barbecue / grill

Additional Actions

Street View
Monymar
598...481
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