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For sale Apartment

Genaro Maldonado Building - 1 bedroom

Barrio Sur, Montevideo

From U$S 124,800
Average U$S 126,793
Ref. IRIS-1078-1
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Description

1-bedroom apartment for sale in Barrio Sur, Montevideo: 39.1 m² built, U$S 124,800 (U$S 3,192 per m²), 1 bathroom.

Cutting-edge architecture and style, design and functionality in a building located in a highly sought-after area of the capital. Situated in a rapidly growing and developing area, where numerous real estate projects are capitalizing on this strategic location within the capital. Modern designs with style and character. Additional amenities: Gym, coworking space, barbecue area, laundry room, solarium, and bike storage. Take advantage of the tax benefits for this developer-built home: exemption from VAT, property transfer tax (ITP) on the initial purchase, property tax (IP), and income tax (IRPF) for the first 10 years. Units are delivered with standard fixtures and fittings, plus: range hood, exhaust fan, and air conditioning.

About the neighborhood

The Barrio Sur residential area is one of the centers of candombe, an Afro-Uruguayan drumming tradition featured in colorful carnival parades in February. In addition, rehearsals are held on weekends around the Peatonal del Candombe. There’s a lively mix of simple steakhouse-style restaurants and modern bistros, as well as laid-back taverns and wine bars. The Rambla promenade is a popular spot for an afternoon stroll along the Río de la Plata.

Financing

  • Payment Methods
  • Cash 90% - 10%
  • Construction Schedule: 30% - 60% - 10%
  • It does not accept bank financing.
Accepts bank financing

Details

Bedrooms
Bedrooms
1
Bathrooms
Bathrooms
1
Built area
Built area
39.1 m²
Delivery
noviembre 2027
Floors
10
Garages
5
Promoted housing
Yes

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 124,800
100%
Loan amount
USD 99,840
80%
Down payment
USD 24,960
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 20,492≈ UI 3,065 · USD 510Minimum household income$U 81,966payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 20,492≈ UI 3,065 · USD 510Minimum household income$U 58,547payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 20,492≈ UI 3,065 · USD 510Minimum household income$U 58,547payment 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

Maldonado 993

Open in Google Maps · Maldonado 993 ↗

Amenities

Elevator Garage Security Laundry Grill Master Gym Solarium Bike Storage Area
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