U$S 138,780

$ ~5,580,000 / U$S 3,154/m2

US$ 3,154/m2 · 6% cheaper than the median of Palermo

Published 7 months ago
Bedrooms

1

Bathrooms

1

Area

44

Construction Year

2025

Category

Apartment

Views

731

Brand-new 1-bedroom apartment for sale in Palermo

Apartment for sale in Palermo, Montevideo, Uruguay: U$S 138,780, 44 m², 1 bedroom, 1 bathroom. Published on March 5, 2026 by Living; updated on March 21, 2026.

Price per m² in Palermo: sale and rent

Move into one of Montevideo’s most sought-after areas. This bright, street-facing apartment at Canelones and Gaboto combines contemporary design, functionality, and the tax benefits of the Promoted Housing Law.

The apartment:

  • Spacious open-plan living and dining area with plenty of natural light and a balcony.
  • Separate street-facing bedroom with a comfortable built-in wardrobe.
  • Semi-open kitchen designed to optimize space and interaction.
  • Full bathroom with quality finishes and a dedicated niche for a washing machine and water heater connection.

Amenities and building:

Located in a strategic area, the building offers spaces designed for today’s lifestyle:

  • 11th floor: terrace with a barbecue area and panoramic city views.
  • Co-Work space, ideal for working from home in a professional and relaxed setting.
  • Low common expenses, approximately $4.200.
  • Parking spaces available from USD 19.500.

Smart investment: benefits of Law 18.795
Covered by the Promoted Housing Law, this project is ideal both for living and for rental income, thanks to its tax exemptions:

  • ITP exemption (2% of the cadastral value) on the first purchase.
  • VAT exemption.
  • Property tax exemption for 10 years.
  • IRPF/IRAE exemption on rental income for 10 years.
  • Income tax exemption on the first sale.

Terms:

Real estate agent fee: 3% + IVA.

Living Hub- Carrasco

1-bedroom units available facing Canelones:

  • From USD 138.780, 44 m².

1-bedroom units available at the rear, facing Gaboto:

  • From USD 141.560.

Property details

ID

Category

Type

Area

Rooms

1451407

Apartment

Sale

44

2

Bathrooms

Bedrooms

Construction Year

Code

Updated

1

1

2025

MACA81

2026-03-05

Payment calculator

Monthly payment
US$ 807/mo
Loan
US$ 104.085
Interest
US$ 89.588
Total of payments
US$ 193.673
Down payment
US$ 34.695

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

Location

138.8к U$S

Location

Montevideo

Address

Palermo

What's nearby

Public transport
480 m · 6 min walk · 6 within 1 km
Supermarket
Expres
390 m · 5 min walk · 20 within 1 km
School
Escuela de Belleza
150 m · 2 min walk · 22 within 1 km
Pharmacy
Minas
200 m · 2 min walk · 22 within 1 km
Park
Plaza Alfredo Zitarrosa
670 m · 8 min walk · 8 within 1 km
Show 6 more
University
Aulario Area Social y Artistica
550 m · 7 min walk · 12 within 1 km
Hospital or clinic
Círculo Católico - Clínica Integral del Ejercicio
320 m · 4 min walk · 12 within 1 km
Beach
Playa Ramírez
830 m · 10 min walk
Bank or ATM
República
700 m · 9 min walk · 16 within 1 km
Restaurant or café
Katy's
110 m · 1 min walk · 68 within 1 km
Gym
310 m · 4 min walk · 10 within 1 km

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

Amenities

Individual Heating

Additional Actions

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