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For sale Apartment

Block Garden Building - Studio Apartment · 31 m²

La Blanqueada, Montevideo

U$S 118,100
Ref. ML-1230292640
1 / 17

Description

Studio apartment for sale in La Blanqueada, Montevideo: 31 m² built and 38 m² total, U$S 118,100 (U$S 3,810 per m²), floor 10, facing Oeste, 1 bathroom.

An oasis of nature in the heart of Montevideo. The premise of this project was to create common spaces that encourage outdoor experiences and improve your quality of life. Located in a strategic part of the city, it makes your day-to-day life easier. Here, nature and sports take center stage and help strike a subtle balance with the city’s energy. We prioritize your comfort by designing low-maintenance apartments with 360-degree views or views of the Montevideo skyline. We’ve created gathering spaces where you can relax, enjoy nature, organize a game, or work out. At Garden by Block, you’ll be able to break away from your routine to recharge without ever leaving the building. Located on 8 de Octubre Avenue, just steps from the intersection of three of the capital’s most important avenues: 8 de Octubre Avenue, Luis A. De Herrera Avenue, and Centenario Avenue. A prime location that will allow you to maximize your investment, offering immediate access to the entire city, close to the major health insurance providers, the Tres Cruces bus terminal, shopping centers, educational institutions, universities, green spaces, and outdoor walking paths. One-room and one-bedroom units are available for sale. Inquire about units on specific floors. Amenities and features: • Landscaped main courtyard. • Laundry room. • Gym. • Bike parking. • Coworking space. • Two barbecue areas. • Swimming pool. • Sun deck. • 360° terrace with outdoor living areas and heaters. • Zen space. • Multi-sport court. • Electronic locks on units. Construction start: June 2024. Delivery: August 2026. Ask about special launch discounts!! The project is covered by the housing law (Law 18,795), so it will include: • VAT exemption • Exemption from Property Transfer Tax (ITP) (2% of the assessed value) • Exemption from IRAE/IRPF on rental income for 10 years, in accordance with regulations in effect as of September 1, 2019 • Exemption from the Wealth Tax for 10 years Be sure to consult with our advisors!! Ideal for investors due to its location!! Price plus utilities.-

Details

Bedrooms
Studio
Bathrooms
Bathrooms
1
Built area
Built area
31 m²
Total
Total
38 m²
Promoted housing
Yes
Floor
10
Orientation
Oeste
Parking
No

Estimated yield if you rent it out

5.7 %gross per year

The median rent for apartments studio in La Blanqueada is $U 22,525 per month (3 listings). At $ 40.19 per dollar that is about U$S 6,726 a year.

This is a gross estimate: it does not deduct building fees, municipal tax, income tax or vacant months.

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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 118,100
100%
Loan amount
USD 94,480
80%
Down payment
USD 23,620
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 19,392≈ UI 2,901 · USD 483Minimum household income$U 77,566payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 19,392≈ UI 2,901 · USD 483Minimum household income$U 55,404payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 19,392≈ UI 2,901 · USD 483Minimum household income$U 55,404payment 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

Av. 8 De Octubre 3065, La Blanqueada, Montevideo

Open in Google Maps · Av. 8 De Octubre 3065, La Blanqueada, Montevideo ↗