U$S 101,979

$ ~4,100,000 / U$S 2,318/m2

US$ 2,833/m2 · 15% cheaper than the median of Palermo

Published 14 months ago
Bathrooms

1

Area

44

Construction Year

2026

Category

Apartment

Views

869

Studio apartment for sale in Palermo

Apartment for sale in Palermo, Montevideo, Uruguay: U$S 101,979, 36 m², 1 bathroom. Published on August 15, 2025 by Vargas; updated on August 28, 2025.

Price per m² in Palermo: sale and rent

A high-quality collective housing option, located in a central part of the city undergoing a notable process of urban transformation. GR 1591 is a project born from collective intelligence and extensive experience in housing and shared spaces.

This residential complex is harmoniously integrated into a system of public spaces that includes plazas, recreational areas, children's play areas, and basketball and soccer courts, culminating in the emblematic Rambla.

Versatile, adaptable layouts that suit diverse needs and lifestyles, ideal for both students and young professionals.

All apartments include outdoor spaces: a patio and central garden on the first floor, and balconies on the upper floors. Units will be delivered with a kitchen range hood, under-counter cabinets (overhead cabinets optional), complete bathrooms with an extractor fan, and masonry partition walls.

Design and quality:

The sequence of common areas culminates in two rooftops of over 100 m² each, with expansive views, on the roofs of both building sections.

To the north, a versatile multipurpose pavilion spans the full width of the building and includes a kitchen and an accessible bathroom.

To the south, an outdoor garden features barbecue grills for residents to gather and enjoy.

Amenities:

  • Garage
  • Garden
  • Playroom
  • Barbecue grill
  • Bicycle parking

Last 4 studio units from USD 101.979.
1-bedroom units from USD 111.300.
Last available garage unit: USD 22.800.

Expected delivery: April 2026.
Promoted Housing Law.

Costs and taxes:

Occupancy costs: 4,05%, not included in the sale price.

Payment terms:

  • During construction: 10% deposit + 20% upon signing the agreement + 60% during construction + 10% upon occupancy.
  • Cash: 10% deposit + 80% upon signing the agreement + 10% upon occupancy.

Real estate commission: 3% + IVA.
Sold by Inmobiliaria Vargas Pocitos.

Property details

ID

Category

Type

Area

Built Area

Terrace

1230503

Apartment

Sale

44

36

3

Rooms

Bathrooms

Construction Year

Code

Updated

1

1

2026

XEA9FF

2025-08-15

Payment calculator

Monthly payment
US$ 593/mo
Loan
US$ 76.484
Interest
US$ 65.831
Total of payments
US$ 142.316
Down payment
US$ 25.495

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

Location

102.0к 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

Barbecue / grill

Garden

Additional Actions

Vargas
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