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For sale Apartment

Munich Tower - Studio Apartment

Cordón, Montevideo

From U$S 119,000
cash price
From U$S 124,950 · average U$S 124,950
Ref. IRIS-1-0
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Description

Studio apartment for sale in Cordón, Montevideo: 26.7 m² built, U$S 119,000 (U$S 4,457 per m²), 1 bathroom.

Torre Munich is located on a strategic corner in the Cordón neighborhood of Montevideo. It’s just steps away from the city’s main thoroughfares and surrounded by universities, hospitals, plazas, shopping centers, and more. It features a unique style and a modern, immersive experience that lives up to its name, with an entire floor dedicated to amenities, including a themed beer garden, a terrace with a barbecue, a family room, a gym, and inviting terraces that will help you connect with the picturesque Bavarian culture. Covered under the promoted Housing Law.

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

Cash

  1. 110%Reservation Fee
  2. 290%Purchase-Sale Agreement

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

Accepts bank financing

Details

Bedrooms
Studio
Bathrooms
Bathrooms
1
Built area
Built area
26.7 m²
Delivery
inmediata
Floors
10
Garages
1
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 119,000
100%
Loan amount
USD 95,200
80%
Down payment
USD 23,800
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 19,539≈ UI 2,923 · USD 486Minimum household income$U 78,157payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 19,539≈ UI 2,923 · USD 486Minimum household income$U 55,827payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 19,539≈ UI 2,923 · USD 486Minimum household income$U 55,827payment 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

Mercedes y Magallanes

Open in Google Maps · Mercedes y Magallanes ↗

Amenities

Elevator Garage Security Laundry Garden SUM Playroom Grill Master Security Cameras
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