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For sale Apartment

Oblivion Building - 1 bedroom

Cordón, Montevideo

From U$S 116,000
cash price
From U$S 122,105 · average U$S 129,342
Ref. IRIS-1190-1
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Description

1-bedroom apartment for sale in Cordón, Montevideo: 39 m² built, U$S 116,000 (U$S 2,974 per m²), 1 bathroom.

Babel Desarrollo y Promoción presents its latest project, located in the Cordón neighborhood: the Oblivion Building. Oblivion is the solution for those looking to live in a dynamic, highly connected area with a low cost of living. The Oblivion Building offers a projected annual return in dollars of 7.5%, tax-free for 10 years, with low initial investments and no additional costs such as occupancy fees or connection fees. Nearby are downtown Montevideo, City Hall, the Schools of Law and Social Sciences, the University of the Republic, the Ministry of Livestock, and other prominent institutions, making it an area with excellent public transportation access via Colonia Street or 18 de Julio Avenue.

About the neighborhood

Cordón is a downtown shopping district featuring international chain restaurants and popular stores, as well as craft shops selling yerba mate containers and Uruguayan leather accessories. The nightlife includes traditional wine bars and modern breweries. The Stella D’Italia Theater, built in 1895, hosts plays and concerts, while the large Natural History Museum displays minerals, fossils, and stuffed animals.

Financing

Accepts bank financing

Details

Bedrooms
Bedrooms
1
Bathrooms
Bathrooms
1
Built area
Built area
39 m²
Delivery
julio 2028
Floors
10
Garages
10
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 116,000
100%
Loan amount
USD 92,800
80%
Down payment
USD 23,200
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 19,047≈ UI 2,849 · USD 474Minimum household income$U 76,187payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 19,047≈ UI 2,849 · USD 474Minimum household income$U 54,419payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 19,047≈ UI 2,849 · USD 474Minimum household income$U 54,419payment 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

Colonia 1517 esq. Vázquez

Open in Google Maps · Colonia 1517 esq. Vázquez ↗

Amenities

Elevator Garage Laundry Grill Master Bike Racks
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