Cordón, Fernandez Crespo 1700

U$S 123,500

$ ~4,970,000 / U$S 2,744/m2

US$ 2,744/m2 · 13% cheaper than the median of Cordón

On the market since Dec 3, 2025 · Previously listed at U$S 123,500
Bedrooms

1

Bathrooms

1

Area

45

Construction Year

2028

Category

Apartment

Views

23

Sale of 1-bedroom apartment with balcony in Cordón

Apartment for sale in Cordón, Montevideo, Uruguay: U$S 123,500, 45 m², 1 bedroom, 1 bathroom. Published on October 26, 2026 by RE/MAX.

Price per m² in Cordón: sale and rent

A secure investment. Ask about the different layouts. A project with 158 apartments in an iconic location in Cordón.

Dates:

  • Construction begins: February 2026
  • Estimated delivery: first half of 2028

Location:

For living, it offers access to a full range of institutional, educational, commercial and service infrastructure. For investment, it is the area with the highest real estate demand in Montevideo. Its sustained building renewal over recent years demonstrates this.

Features:

  • Parking with 86 garages and a control booth
  • 350 m² commercial premises on the ground floor, ideal for a minimarket
  • Laundry, gym and two barbecue areas on the top floor
  • Studio, 1- and 2-bedroom layouts, all with a terrace

Kitchens:

  • High-performance imported porcelain tile flooring
  • Similar ceramic wall coverings in the countertop area
  • Complete high-performance imported kitchen fittings, below and above the counter
  • Imported stainless steel sink

Terraces:

  • High-performance ceramic flooring
  • Metal or glass railings, to be determined
  • Indirect outdoor lighting

The apartments are ultra-comfortable for urban people with a youthful spirit who lead active and healthy lives. The project actively contributes to the revitalization of the neighborhood and comes with all ANV tax benefits.

Tax benefits for investors:

  • Exemption from rental income tax for 10 years (IRPF/IRAE or IRNR)

Tax benefits for end consumers:

  • Exemption from ITP (2% of the cadastral value)
  • Exemption from VAT on the purchase price
  • Exemption from Wealth Tax for 10 years

Project approved by ANV under Promoted Housing Law 18.795.

Expenses and taxes:

  • Utility connection fees: 4%
  • Garages: USD 20,000

Payment terms:

  • Commitment: 25%
  • 6 quarterly installments of 10% = 60%
  • On delivery: 15%

Amenities:

  • Equipped gym
  • 2 barbecue areas with terrace
  • App-based laundry
  • Parking with security booth
  • 350 m² commercial premises
  • Security cameras

Each office is independently owned, managed and developed.

This listing describes the essential characteristics of the property. Please consult the person responsible for the transaction regarding possible updates to measurements, architectural and functional descriptions, services, taxes, prices and other information; the stated values are approximate.

Property details

ID

Category

Type

Area

Rooms

1769343

Apartment

Sale

45

2

Bathrooms

Bedrooms

Construction Year

Code

Updated

1

1

2028

AD1652

2026-10-26

Payment calculator

Monthly payment
US$ 718/mo
Loan
US$ 92.625
Interest
US$ 79.724
Total of payments
US$ 172.349
Down payment
US$ 30.875

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

Location

123.5к U$S

Location

Montevideo

Address

Cordón, Fernandez Crespo 1700

What's nearby

Public transport
Parada suburbanos
160 m · 2 min walk · 11 within 1 km
Supermarket
Don Paulino
40 m · 1 min walk · 26 within 1 km
School
Escuela 209 Gerardo Cuesta
60 m · 1 min walk · 25 within 1 km
Pharmacy
Libra
100 m · 1 min walk · 25 within 1 km
Park
Espacio Libre Arquitecto Ildefonso Arostegui
80 m · 1 min walk · 8 within 1 km
Show 6 more
University
Facultad de Psicología
140 m · 2 min walk · 12 within 1 km
Hospital or clinic
Centro Médico Cordón
230 m · 3 min walk · 17 within 1 km
Beach
Playa Ramírez
1.8 km · 22 min walk
Bank or ATM
60 m · 1 min walk · 15 within 1 km
Restaurant or café
La Tortuguita
250 m · 3 min walk · 46 within 1 km
Gym
UrbanMood - Sede Cordón
610 m · 8 min walk · 10 within 1 km

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

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