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For sale Apartment

Nostrum Plaza III Building - Studio Apartment

Tres Cruces, Montevideo

From U$S 99,498
Average U$S 99,498
Ref. IRIS-1344-0
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Description

Studio apartment for sale in Tres Cruces, Montevideo: 32.82 m² built, U$S 99,498 (U$S 3,032 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
Studio
Bathrooms
Bathrooms
1
Built area
Built area
32.82 m²
Delivery
TORRE 1 - AGOSTO 2027, TORRE 2 - FEBRERO 2029
Floors
7
Garages
0
Promoted housing
Yes

Estimated yield if you rent it out

7 %gross per year

The median rent for apartments studio in Tres Cruces is $U 23,400 per month (3 listings). At $ 40.19 per dollar that is about U$S 6,987 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 99,498
100%
Loan amount
USD 79,598
80%
Down payment
USD 19,900
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 16,337≈ UI 2,444 · USD 407Minimum household income$U 65,349payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 16,337≈ UI 2,444 · USD 407Minimum household income$U 46,678payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 16,337≈ UI 2,444 · USD 407Minimum household income$U 46,678payment 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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