U$S 150,440

$ ~6,040,000 / U$S 3,419/m2

US$ 3,582/m2 · 5% pricier than the median of Palermo

Published 51 days ago
Bedrooms

1

Bathrooms

1

Area

44

Construction Year

2025

Category

Apartment

Views

196

New 1-bedroom apartment for sale in Palermo

Apartment for sale in Palermo, Montevideo, Uruguay: U$S 150,440, 42 m², 1 bedroom, 1 bathroom. 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 apartment at the rear of the building, located at Canelones and Gaboto, combines contemporary design, functionality, and all the tax benefits of the Promoted Housing Law.

The apartment:

  • Open-plan living and dining area, spacious and filled with natural light, with a balcony.
  • Separate bedroom at the rear of the building, with a comfortable built-in wardrobe.
  • Semi-open-plan kitchen that optimizes 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 spot, the building offers spaces designed for today’s lifestyle:

  • 11th floor: impressive terrace with a barbecue grill and panoramic city views.
  • Co-working space, ideal for working from home in a professional, relaxed setting.
  • Security and comfort: low common expenses (approx. $4.200).
  • Garages: units available from USD 19.500.

Smart investment: benefits under Law 18.795
Covered by the Promoted Housing Law, this project is ideal both as a home and as a rental investment, thanks to significant 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 fee: 3% + VAT.

1-bedroom units available, facing Canelones:

  • From USD 138.780.

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

  • From USD 141.560.

Property details

ID

Category

Type

Area

Built Area

Terrace

1671336

Apartment

Sale

44

42

22

Rooms

Bathrooms

Bedrooms

Construction Year

Code

Updated

2

1

1

2025

VF24AC

2026-09-16

Payment calculator

Monthly payment
US$ 875/mo
Loan
US$ 112.830
Interest
US$ 97.115
Total of payments
US$ 209.945
Down payment
US$ 37.610

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

Location

150.4к 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

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