Palermo, Canelones 2039, 11200 Montevideo, Departamento De Montevideo, Uruguay 100

U$S 229,900

$ ~9,240,000 / U$S 2,613/m2

US$ 3,107/m2 · 7% cheaper than the median of Palermo

Published 15 months ago
Bedrooms

3

Bathrooms

1

Area

88

Category

Apartment

Views

2488

Brand-new 2-bedroom apartment for sale in Palermo

Apartment for sale in Palermo, Montevideo, Uruguay: U$S 229,900, 74 m², 3 bedrooms, 1 bathroom. Published on July 9, 2025 by Sanchez Bienes Raices.

Price per m² in Palermo: sale and rent

Modern development in a growing area, steps from the Rambla, with excellent connections to Centro, Parque Rodó, and Ciudad Vieja. Urban surroundings with services, universities, and public transport nearby.

Amenities:

  • Spacious entrance lobby
  • Fully equipped coworking space on the 11th floor
  • Shared barbecue area and expansion terrace with a view

Unit layout:

  • Bright living-dining room with access to the terrace
  • Open-plan kitchen with lower and upper cabinets
  • Breakfast bar
  • 3 bedrooms with closets
  • Full bathroom
  • Front terrace

Highlights:

  • Pre-installation for air conditioning
  • Aluminum windows with double hermetic glazing (DVH)
  • Water-resistant wood-look flooring
  • Excellent-quality materials and finishes

Tax benefits under the Promoted Housing Law:

  • ITP exemption
  • VAT exemption
  • Wealth Tax exemption for 10 years
  • IRPF exemption on rental income for 10 years
  • Income tax exemption on the first sale

Payment terms:

  • 10% with the reservation agreement
  • 40% with the purchase and sale agreement
  • 50% in 6 monthly interest-free installments

Estimated delivery: late 2025
Occupancy costs: 4%

S.B.R. - Your Home!

Property details

ID

Category

Type

Area

Built Area

Terrain

1179973

Apartment

Sale

88

74

88

Rooms

Bathrooms

Bedrooms

Code

Updated

4

1

3

S26227

2025-07-09

Payment calculator

Monthly payment
US$ 1.337/mo
Loan
US$ 172.425
Interest
US$ 148.409
Total of payments
US$ 320.834
Down payment
US$ 57.475

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

Location

229.9к U$S

Location

Montevideo

Address

Palermo, Canelones 2039, 11200 Montevideo, Departamento De Montevideo, Uruguay 100

What's nearby

Public transport
190 m · 2 min walk · 6 within 1 km
Supermarket
Ta-Ta
180 m · 2 min walk · 18 within 1 km
School
Anexo Escuela Superior de Comunicaciòn Social
80 m · 1 min walk · 32 within 1 km
Pharmacy
Farmashop 99
180 m · 2 min walk · 31 within 1 km
Park
Parque Rodó
530 m · 7 min walk · 6 within 1 km
Show 6 more
University
Facultad de Información y Comunicación
470 m · 6 min walk · 15 within 1 km
Hospital or clinic
Clinica Avril
650 m · 8 min walk · 30 within 1 km
Beach
Playa Ramírez
830 m · 10 min walk
Bank or ATM
Banco República
620 m · 8 min walk · 13 within 1 km
Restaurant or café
Escaramuza
80 m · 1 min walk · 88 within 1 km
Gym
Sense
220 m · 3 min walk · 14 within 1 km

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

Amenities

Balcony

Kitchen Cabinet

Bedroom Closet

Terrace

Utility balcony

Playroom

WiFi

Air Conditioning

Living-Dining Room

Additional Actions

Street View
Sanchez Bienes Raices
598...222
598...222
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