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For sale Apartment

Nostrum Plaza III Building - 1-bedroom

Tres Cruces, Montevideo

From U$S 104,697
Average U$S 106,345

17% below the area's price per m²

Compared with 11 buildings with 1 bedroom in Tres Cruces listed on this site, with a median of U$S 3,265/m².

This project: U$S 2,726/m², using the average price of its units (not the "from" price). Its own building is not part of the comparison.

Ref. IRIS-1344-1
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Description

1-bedroom apartment for sale in Tres Cruces, Montevideo: 39.01 m² built, U$S 104,697 (U$S 2,684 per m²), 1 bathroom.

NOSTRUM PLAZA 3, located in downtown Montevideo, is being developed in the Tres Cruces neighborhood on a lot with a double frontage between La Paz and Dr. Ferrer Serra streets, at the corner of Defensa. This area has established itself as one of the city’s main hubs for connectivity, services, and urban renewal. The surroundings combine the vitality of a growing neighborhood with proximity to numerous strategic locations. It is just two blocks from Plaza Líber Seregni and steps away from 18 de Julio Avenue and the Terminal Tres Cruces Shopping Center—the epicenter of interdepartmental transportation, retail, healthcare, and services.

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

Cash

  1. 180%Purchase Receipt
  2. 220%Upon delivery

Construction Period

  1. 130%Purchase Receipt
  2. 260%Construction Timeline
  3. 310%Upon delivery

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

Accepts bank financing

Details

Bedrooms
Bedrooms
1
Bathrooms
Bathrooms
1
Built area
Built area
39.01 m²
Delivery
TORRE 1 - AGOSTO 2027, TORRE 2 - FEBRERO 2029
Floors
7
Garages
0
Promoted housing
Yes

Estimated yield if you rent it out

8.1 %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.

See comparable rentals →

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 104,697
100%
Loan amount
USD 83,758
80%
Down payment
USD 20,939
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 17,191≈ UI 2,572 · USD 428Minimum household income$U 68,763payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 17,191≈ UI 2,572 · USD 428Minimum household income$U 49,117payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 17,191≈ UI 2,572 · USD 428Minimum household income$U 49,117payment 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

Dr. Ferrer Serra entre Democracia y Defensa

Open in Google Maps · Dr. Ferrer Serra entre Democracia y Defensa ↗

Amenities

Elevator Garage Security Laundry Garden SUM Playroom Grill Master Security Cameras Gym Pet-friendly
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