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For sale Apartment

Gala Pop Building - 1 bedroom · 49 m²

Tres Cruces, Montevideo

U$S 157,585
Ref. ML-697471337
1 / 16

Description

1-bedroom apartment for sale in Tres Cruces, Montevideo: 49 m² built and 56 m² total, U$S 157,585 (U$S 3,216 per m²), floor 1, facing Sur, 1 bathroom.

Gala Pop Building: located at the corner of General Artigas Boulevard and Miguelete Street, just steps from the shopping center and the Tres Cruces Bus Terminal. An ideal area to live or invest, with easy access to universities, healthcare centers, and the green spaces of Batlle Park. GALA quality, in apartments designed with the best floor plans for comfortable living. All apartments feature a terrace. Construction will take place in two phases: Artigas Building, Phase 1. It will feature 54 one-bedroom units, 43 two-bedroom units, and a large commercial space with a 28-meter-wide frontage and 375 m2 of floor space. Miguelete Building, Phase 2. It will feature 5 one-bedroom units, 16 two-bedroom units, and one commercial space. The first phase will be completed in December 2022, and the second in December 2023. Payment terms: 30% upon signing the purchase agreement, with the balance payable in 36 interest-free installments. Photos of the model unit.— Amenities: - A tree-lined green courtyard covering more than 700 m². - Multipurpose room with a kitchen, fully equipped, and restrooms. - 3 open-air barbecue areas located in the central courtyard. - Barbecue grill. - Outdoor gym. - Playground for children. - Spacious entrance lobby with lounge areas. - Wi-Fi. - 24-hour security and surveillance. Gala Pop offers you all the benefits provided by Law 18,795 of the National Housing Agency. - Exemption from the Property Transfer Tax (I.T.P.)—2% of the assessed value. - Exemption from VAT. - Exemption from property tax for 10 years. - Exemption from rental income tax for 10 years (IRPF/IRAE). - Project quality and construction supervised by the National Housing Agency. Be sure to inquire!! Price plus utilities.-

Details

Bedrooms
Bedrooms
1
Bathrooms
Bathrooms
1
Built area
Built area
49 m²
Total
Total
56 m²
Promoted housing
Yes
Floor
1
Orientation
Sur
Parking
No

Estimated yield if you rent it out

5.4 %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.

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What is the property for?
Property price
USD 157,585
100%
Loan amount
USD 126,068
80%
Down payment
USD 31,517
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 25,875≈ UI 3,871 · USD 644Minimum household income$U 103,499payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 25,875≈ UI 3,871 · USD 644Minimum household income$U 73,928payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 25,875≈ UI 3,871 · USD 644Minimum household income$U 73,928payment 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

Bulevar Artigas 1977, Tres Cruces, Montevideo

Open in Google Maps · Bulevar Artigas 1977, Tres Cruces, Montevideo ↗