Cordón, Paysandú 1600

U$S 280,000

$ ~11,300,000 / U$S 1,657/m2

US$ 1,657/m2 · 11% pricier than the median of Cordón

Published 2 days ago
Bedrooms

5

Bathrooms

2

Area

169

Construction Year

1918

Category

Home

Views

8

Casona for sale in Cordón, ideal for investors, 17% return

House for sale in Cordón, Montevideo, Uruguay: U$S 280,000, 169 m², 5 bedrooms, 2 bathrooms. Published on October 28, 2026 by RE/MAX; updated on October 29, 2026.

Price per m² in Cordón: sale and rent

Opportunity for investors: property ready to operate, with an annual return of 17%. Classic-style casona, fully renovated and optimized for coliving, student housing, or a high-occupancy hostel.

Layout and income potential:

  • Various individual and double accommodation units, and a suite with a private bathroom.
  • All units are equipped with furniture, wardrobes, bedside tables, and individual refrigerators or minibars.
  • Wi-Fi throughout the property.

Common areas:

  • Covered interior patio with a skylight, serving as a central dining room and social area with TV, while making the most of natural light.
  • Integrated kitchen with a counter and lockers for guests’ or tenants’ individual storage.
  • Reception area and lounge, with access control and a waiting area.
  • Mezzanine that makes use of the high ceilings to expand the property’s usable area.

Features:

  • Recent renovation, including durable vinyl floating and ceramic floors, restored windows and doors, and modern installations.
  • Fully equipped and decorated with a modern aesthetic, ready to continue or begin operations without requiring prior construction investment.

Expenses and taxes:

  • Annual property tax: $23.000.
  • Annual taxes: $ 10.000.

Conditions:

  • Real estate commission: 3% + IVA.
  • Each office is independently owned, managed, and developed.
  • This listing describes the essential features of the property. Consult the person responsible for the transaction regarding possible updates to measurements, architectural and functional descriptions, services, taxes, prices, and other information. Values are approximate.

Property details

ID

Category

Type

Area

Built Area

Terrain

1774875

Home

Sale

169

169

169

Rooms

Bathrooms

Bedrooms

Construction Year

Code

Updated

6

2

5

1918

F9CCCA

2026-10-28

Payment calculator

Monthly payment
US$ 1.628/mo
Loan
US$ 210.000
Interest
US$ 180.751
Total of payments
US$ 390.751
Down payment
US$ 70.000

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

Location

280к U$S

Location

Montevideo

Address

Cordón, Paysandú 1600

What's nearby

Public transport
Suburbanos
60 m · 1 min walk · 11 within 1 km
Supermarket
Comag
300 m · 4 min walk · 28 within 1 km
School
Liceo 32 Guayabo
120 m · 1 min walk · 36 within 1 km
Pharmacy
Homeopatía Alemana
220 m · 3 min walk · 32 within 1 km
Park
Plaza de los Treinta Y Tres
260 m · 3 min walk · 20 within 1 km
Show 6 more
University
Facultad de Humanidades y Ciencias de la Educación
30 m · 1 min walk · 15 within 1 km
Hospital or clinic
Consultorios Constituyente
620 m · 8 min walk · 16 within 1 km
Beach
Playa Ramírez
1.8 km · 23 min walk
Bank or ATM
República
380 m · 5 min walk · 34 within 1 km
Restaurant or café
Don Basilio
50 m · 1 min walk · 52 within 1 km
Gym
Aerobic
600 m · 7 min walk · 7 within 1 km

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

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