U$S 184,000

$ ~7,390,000 / U$S 2,556/m2

US$ 3,345/m2 · 6% pricier than the median of Cordón

Published 21 months ago
Bedrooms

2

Bathrooms

1

Garage

1

Area

72

Category

Apartment

Views

3794

Sale: 2-bedroom apartment with rental income, garage and balcony

Apartment for sale in Cordón, Montevideo, Uruguay: U$S 184,000, 55 m², 2 bedrooms, 1 bathroom. Published on January 14, 2025 by Alpha Realtors.

Price per m² in Cordón: sale and rent

Updated price.

Sale of a 2-bedroom apartment with rental income, located on Soriano Street in the Cordón neighborhood.

Layout:

  • Unit on the 5th floor, facing the street.
  • Living-dining room with access to a balcony.
  • Integrated kitchen with laundry terrace.
  • 2 bedrooms.
  • 1 bathroom.
  • Garage included in the price.

It is currently rented under a lease valid until January 2026. It generates monthly rent of $ 29.500 and a return of 4.8%.

Building features:

  • Spacious terraces and shared outdoor spaces.
  • Barbecue area and grills.
  • Very good design and detailed finishes.
  • First occupied in 2023.

Tax benefits:

The building is covered by the Promoted Housing Law Nº 18.795 and qualifies for the following benefits:

  • Exemption from ITP (purchase tax).
  • Exemption from income tax on rental income for 10 years (IRPF/IRAE).
  • Exemption from Wealth Tax for 10 years.

Expenses and taxes:

  • Common expenses: $ 5.900.
  • Real estate fees: 3% + IVA.

Contact us for more information about this property.

Property details

ID

Category

Type

Area

Built Area

Rooms

954881

Apartment

Sale

72

55

3

Bathrooms

Bedrooms

Garage

Code

Updated

1

2

1

P93410

2025-01-14

Payment calculator

Monthly payment
US$ 1.070/mo
Loan
US$ 138.000
Interest
US$ 118.779
Total of payments
US$ 256.779
Down payment
US$ 46.000

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

Location

184к U$S

Location

Montevideo

Address

Cordón, Soriano

What's nearby

Public transport
320 m · 4 min walk · 12 within 1 km
Supermarket
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140 m · 2 min walk · 28 within 1 km
School
Colegio Seminario
60 m · 1 min walk · 37 within 1 km
Pharmacy
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320 m · 4 min walk · 36 within 1 km
Park
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240 m · 3 min walk · 11 within 1 km
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University
Facultad de Ciencias Sociales
90 m · 1 min walk · 21 within 1 km
Hospital or clinic
Consultorios Constituyente
150 m · 2 min walk · 12 within 1 km
Beach
Playa Ramírez
1.3 km · 16 min walk
Bank or ATM
Banco República
230 m · 3 min walk · 22 within 1 km
Restaurant or café
Andale Taqueria Vegana
140 m · 2 min walk · 85 within 1 km
Gym
Aerobic
170 m · 2 min walk · 11 within 1 km

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

Amenities

Balcony

Garage

Central Hot Water

Additional Actions

Street View
ALPHA REALTORS
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