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For sale Apartment

ERRE 16 Building - Studio Apartment

Punta del Este, Maldonado

From U$S 99,424
Average U$S 106,251
Ref. IRIS-1467-0
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Description

Studio apartment for sale in Punta del Este, Maldonado: 38.2 m² built, U$S 99,424 (U$S 2,603 per m²), 1 bathroom.

Erre16 is a development on Roosevelt Avenue, a dynamic area experiencing steady growth, located near Mansa Beach and connected to a range of services that allow you to lead a more comfortable and efficient life. It offers studio, 1-bedroom, and 2-bedroom apartments for sale. The building is characterized by its functionality, transparency, and connectivity, situated at the intersection of urban and natural environments. It is designed with 11 levels, including 9 floors of residential units totaling 72 apartments and one level dedicated exclusively to an observation deck. It will feature a coworking space, bike parking, a laundry facility, and essential amenities to support an active lifestyle, including a barbecue area, an outdoor spa with a hot tub and pool, and a viewing deck overlooking the city.

About the neighborhood

Punta del Este is a beach resort located on a narrow peninsula in southeastern Uruguay. The popular Brava Beach is known for its strong waves and for “La Mano,” a giant five-fingered sculpture. On the west coast, Mansa Beach has calm, shallow waters. Local handicrafts are sold in Plaza Artigas, near the upscale shops on Avenida Gorlero. The 19th-century lighthouse at the southern tip of the peninsula features an observation deck.

Financing

  • 10% when you book
  • 20% with the commitment
  • 20% in installments during construction *
  • 50% upon move-in, payable in a lump sum or in installments after move-in **
  • * Up to 20 interest-free installments, depending on the date the agreement is signed.
  • ** Up to 24 installments with interest at USD + 8.5% per year (4.5% UI)
Accepts bank financing

Details

Bedrooms
Studio
Bathrooms
Bathrooms
1
Built area
Built area
38.2 m²
Delivery
junio 2028
Floors
11
Garages
5

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 99,424
100%
Loan amount
USD 79,539
80%
Down payment
USD 19,885
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 16,325≈ UI 2,442 · USD 406Minimum household income$U 65,300payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 16,325≈ UI 2,442 · USD 406Minimum household income$U 46,643payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 16,325≈ UI 2,442 · USD 406Minimum household income$U 46,643payment 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. Roosevelt. Parada 16 2000

Open in Google Maps · Av. Roosevelt. Parada 16 2000 ↗

Amenities

Elevator Garage Security Swimming Pool Laundry Garden Grill Master
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