U$S 160,820

$ ~6,460,000 / + $ 4,200 common expenses / U$S 3,655/m2

US$ 3,829/m2 · 12% pricier than the median of Palermo

Published 51 days ago
Bedrooms

1

Bathrooms

1

Area

44

Construction Year

2025

Category

Apartment

Views

183

New 1-bedroom apartment for sale in Palermo

Apartment for sale in Palermo, Montevideo, Uruguay: U$S 160,820, 42 m², 1 bedroom, 1 bathroom. Common expenses: $ 4,200 per month. Published on September 1, 2026 by Living; updated on October 19, 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.

Apartment:

  • Spacious open-plan living and dining area with abundant natural light and a balcony.
  • Separate front-facing bedroom with a comfortable built-in wardrobe.
  • Semi-integrated kitchen that optimizes space and interaction.
  • Full bathroom with quality finishes and a dedicated recess for a washing machine and water heater connection.

Amenities and building:

In a strategic location, the building offers spaces designed for today’s lifestyle:

  • 11th floor: terrace with a barbecue area and panoramic city views.
  • Co-working space, ideal for working from home in a professional, relaxed setting.
  • Low common expenses (approx. $4,200).
  • Garages 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:

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

Real estate commission: 3% + VAT.

1-bedroom units available, front-facing on Canelones:

From USD m2

1-bedroom units available, rear-facing on Gaboto:

From USD 141,560

Property details

ID

Category

Type

Area

Built Area

Terrace

Rooms

1671335

Apartment

Sale

44

42

22

2

Bathrooms

Bedrooms

Construction Year

Common expenses

Code

Updated

1

1

2025

$ 4,200

W7DDE5

2026-09-01

Payment calculator

Monthly payment
US$ 935/mo
Loan
US$ 120.615
Interest
US$ 103.815
Total of payments
US$ 224.430
Down payment
US$ 40.205

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

Location

160.8к 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

Additional Actions

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