For sale Apartment

Genaro Urquiza Building - 1 bedroom

Tres Cruces, Montevideo

From U$S 124,500

Average U$S 127,000

Ref. IRIS-1072-1

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Description

1-bedroom apartment for sale in Tres Cruces, Montevideo: 36.8 m² built, U$S 124,500 (U$S 3,383 per m²), 1 bathroom.

Modern designs with style and character; take advantage of the tax benefits of subsidized housing, units with standard amenities, traditional construction, and state-of-the-art technology for building security. Experience excellence in every detail—subsidized housing projects that have it all. We offer an exceptional opportunity to maximize your investment and ensure a favorable return.

About the neighborhood

Tres Cruces is a neighborhood in Montevideo. The name of the area is associated with Uruguay in the early 19th century: in 1813, the “Congress of Tres Cruces,” also known as the “Congress of April,” was held there, during which Artigas issued his Instructions of the Year XIII.

Financing

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

Accepts bank financing

Details

Bedrooms

Bathrooms

Built area

36.8 m²

Delivery: noviembre 2026
Floors: 5
Garages: 2
Promoted housing: Yes

Estimated yield if you rent it out

6.8 %gross per year

The median rent for apartments with 1 bedroom in Tres Cruces is $U 28,450 per month (4 listings). At $ 40.19 per dollar that is about U$S 8,495 a year.

This is a gross estimate: it does not deduct building fees, municipal tax, income tax or vacant months.

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Mortgage calculator

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

What is the property for?

Financing80%Term25 years

Property price: USD 124,500; 100%
Loan amount: USD 99,600; 80%
Down payment: USD 24,900; 20%

BHU

Rate from 3.75% per year in UIEstimated monthly payment$U 20,442≈ UI 3,058 · USD 509Minimum household income$U 81,769payment can be up to 25% of incomeSimulate at BHU ↗

SantanderBest option

Rate from 3.75% per year in UIEstimated monthly payment$U 20,442≈ UI 3,058 · USD 509Minimum household income$U 58,407payment can be up to 35% of incomeSimulate at Santander ↗

Itaú

Rate from 3.75% per year in UIEstimated monthly payment$U 20,442≈ UI 3,058 · USD 509Minimum household income$U 58,407payment 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

Gral. Urquiza 2614, 11600 Montevideo, Departamento de Montevideo, Uruguay

Open in Google Maps · Gral. Urquiza 2614, 11600 Montevideo, Departamento de Montevideo, Uruguay ↗

Amenities

Elevator Garage Security Laundry Grill Master Bike Rack Cowork Tender

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