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For sale Apartment

Coral Bay Building - Studio Apartment

Pocitos, Montevideo

From U$S 114,240
Average U$S 118,703

33% below the area's price per m²

Compared with 5 buildings with studios in Pocitos listed on this site, with a median of U$S 4,142/m².

This project: U$S 2,778/m², using the average price of its units (not the "from" price). Its own building is not part of the comparison.

Ref. IRIS-1208-0
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Description

Studio apartment for sale in Pocitos, Montevideo: 42.73 m² built, U$S 114,240 (U$S 2,674 per m²), 1 bathroom.

Located between the Pocitos and Parque Batlle neighborhoods, just steps away from the city’s most important green space. It will feature spacious studio and one-bedroom units built with traditional, solid construction. An event hall, barbecue areas, a gym, laundry facilities, a pool, and a rooftop garden—all designed for your best moments of relaxation. An investment with guaranteed appreciation and returns. Air conditioning in the living room and bedrooms; built-in oven; glass-ceramic cooktop; stainless steel range hood; smart locks; smart light switches.

About the neighborhood

Pocitos is a neighborhood in Montevideo, the capital of Uruguay. It borders the neighborhoods of Buceo, Parque Batlle, Villa Dolores, Tres Cruces, Cordón, and Punta Carretas.

Financing

  • Payment method:
  • 5% down payment
  • 35% purchase agreement
  • 45% upon construction, payable in 24 monthly installments with no interest
  • 15% when occupied
  • 4% of connections.
  • Option to extend financing over 12 additional installments starting from the move-in date, with 7% annual interest on the balance in U.S. dollars.

Details

Bedrooms
Studio
Bathrooms
Bathrooms
1
Built area
Built area
42.73 m²
Delivery
diciembre 2027
Floors
9
Garages
2

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 114,240
100%
Loan amount
USD 91,392
80%
Down payment
USD 22,848
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 18,758≈ UI 2,806 · USD 467Minimum household income$U 75,031payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 18,758≈ UI 2,806 · USD 467Minimum household income$U 53,593payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 18,758≈ UI 2,806 · USD 467Minimum household income$U 53,593payment 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

Av. Ponce 1387 entre Av. Rivera y Palmar

Open in Google Maps · Av. Ponce 1387 entre Av. Rivera y Palmar ↗

Amenities

Elevator Garage Security Swimming Pool Laundry SUM Grill Master Gym
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