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For sale Apartment

Munich Tower - Studio Apartment · 27 m²

Cordón, Montevideo

U$S 119,000
Ref. ML-697477757
Part of the Torre Munich project
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Description

Apartment for sale in Torre Munich, located on a strategic corner in the Cordón neighborhood of Montevideo, near major city thoroughfares, universities, parks, and shopping centers. All units face the street and feature their own terrace, ensuring city views and an efficient layout. The building has 57 apartments, including studio and one-bedroom options, as well as a commercial space on the ground floor. Each apartment is designed to take full advantage of the exposure and functionality of its location. Torre Munich dedicates the entire top floor to amenities, offering a beer garden, family room, fitness area, solarium, covered barbecue area with a grill, laundry facilities, optional garages, and bicycle parking. The building is equipped with an elevator and is pet-friendly, facilitating mobility and accommodating residents’ diverse needs. The project is covered by Law 18,795 on subsidized housing, providing exemptions from VAT, ITP (2% of the assessed value), IRAE/IRPF on rental income for 10 years, and wealth tax for 10 years. Immediate occupancy. The price is for cash payment; other payment options are available.

Details

Bedrooms
Studio
Bathrooms
Bathrooms
1
Built area
Built area
27 m²
Total
Total
40 m²
Promoted housing
Yes
Floor
7
Orientation
Este
Parking
No

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$ 19,537≈ UI 2,933 · USD 486Minimum household income$ 78,149payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$ 19,537≈ UI 2,933 · USD 486Minimum household income$ 55,821payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$ 19,537≈ UI 2,933 · USD 486Minimum household income$ 55,821payment 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 10/12/2026: USD $ 40.18 · UI $ 6.6618.

Location

Mercedes 1709, Montevideo Departamento De Montevideo, Uruguay, Cordón, Montevideo

Open in Google Maps · Mercedes 1709, Montevideo Departamento De Montevideo, Uruguay, Cordón, Montevideo ↗
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