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For sale Apartment

Constituyente Plaza Building - Studio Apartment

Cordón, Montevideo

From U$S 123,500
Average U$S 123,500

18% below the area's price per m²

Compared with 17 buildings with studios in Cordón listed on this site, with a median of U$S 3,599/m².

This project: U$S 2,955/m², using the average price of its units (not the "from" price). Its own building is not part of the comparison.

Ref. IRIS-1351-0
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Description

Studio apartment for sale in Cordón, Montevideo: 41.8 m² built, U$S 123,500 (U$S 2,955 per m²), 1 bathroom.

Constituyente Plaza - The building will have two entrances on José Enrique Rodó Street and Constituyente Street (Cordón Sur). 12 stories - 2 towers - 127 units - Studio apartments, 1-, 2-, and 3-bedroom units - Subsidized housing. CORDÓN SUR, CLOSE TO EVERYTHING - 10 min from Tres Cruces and public transportation throughout the city: 50 STM bus lines within 300 meters - Close to major parks: 3’ Rambla Sur / 5’ Parque Rodó / 6’ Parque Batlle - Just steps away from shops, services, and cultural attractions: 1’ from Av. 18 de Julio / 8’ from Ciudad Vieja - Close to major educational institutions: 5 to 10’ walk to 10 universities. 24-hour security. | 2 elevators per tower | Courtyard with gardens and a playground | Barbecue area | Living rooms and game rooms | Covered parking | Front-facing apartments | Panoramic views | Spaces with functional layouts and spacious terraces | Contemporary design and excellent finishes | Units with pre-installation for air conditioning in living rooms and master bedrooms | Pre-installation for a central solar water heating system | 250 m² office space with direct access from the street | Floor of retail spaces.

About the neighborhood

Cordón is a downtown shopping district featuring international chain restaurants and popular stores, as well as craft shops selling yerba mate containers and Uruguayan leather accessories. The nightlife includes traditional wine bars and modern breweries. The Stella D’Italia Theater, built in 1895, hosts plays and concerts, while the large Natural History Museum displays minerals, fossils, and stuffed animals.

Financing

Cash

  1. 110%Reservation Fee
  2. 290%Purchase-Sale Agreement

Percentages of the unit price, in the order they are paid.

Details

Bedrooms
Studio
Bathrooms
Bathrooms
1
Built area
Built area
41.8 m²
Delivery
inmediata
Floors
10
Garages
2
Promoted housing
Yes

According to the developer, this project doesn't work with bank loans: it's paid in cash or in installments during construction (see payment methods). The simulation below is for reference only: ask us and we'll help you find the plan that suits you best.

Mortgage calculator

Choose how much to finance and the term, and compare the payment at each bank.

What is the property for?
Property price
USD 123,500
100%
Loan amount
USD 98,800
80%
Down payment
USD 24,700
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 20,278≈ UI 3,033 · USD 505Minimum household income$U 81,113payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 20,278≈ UI 3,033 · USD 505Minimum household income$U 57,938payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 20,278≈ UI 3,033 · USD 505Minimum household income$U 57,938payment can be up to 35% of incomeSimulate at Itaú ↗

Estimate based on the starting rates each bank publishes (updated automatically every month). The final payment includes insurance and fees and depends on the applicant's profile. Central Bank (BCU) rates as of 11/1/2026: USD $ 40.19 · UI $ 6.6850.

Location

Constituyente 1697 esq. Minas

Open in Google Maps · Constituyente 1697 esq. Minas ↗

Amenities

Elevator Garage Security SUM Grill Master Security Cameras Pet-friendly
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