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For sale Apartment

Ventura Soho Building - Studio Apartment

Palermo, Montevideo

From U$S 289,900
Average U$S 289,900
Ref. IRIS-84-0
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Description

Studio apartment for sale in Palermo, Montevideo: 70.7 m² built, U$S 289,900 (U$S 4,100 per m²), 1 bathroom.

Just a few blocks from the Rambla, nestled among markets and parks in a neighborhood steeped in history, a project that harmonizes with the existing greenery. Just a few blocks from the promenade, surrounded by stories, independent theaters, shops, and universities, family-run stores, and small specialty coffee shops. Amid books and music. Amid markets and parks.

About the neighborhood

The quiet town of Palermo borders the Rambla República Argentina boardwalk and coastal parks, which are popular for biking and walking at sunset. The pubs and steakhouse restaurants have outdoor seating, where patrons can watch street performances featuring Afro-Uruguayan candombe dance and percussion on weekends and especially during the February carnival.

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
70.7 m²
Delivery
inmediata
Floors
13
Garages
1
Promoted housing
Yes

Estimated yield if you rent it out

2.5 %gross per year

The median rent for apartments studio in Palermo is $U 24,450 per month (13 listings). At $ 40.19 per dollar that is about U$S 7,301 a year.

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

See comparable rentals →

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 289,900
100%
Loan amount
USD 231,920
80%
Down payment
USD 57,980
20%
BHU
Rate from 3.75% per year in UIEstimated monthly payment$U 47,600≈ UI 7,120 · USD 1,184Minimum household income$U 190,401payment can be up to 25% of incomeSimulate at BHU ↗
SantanderBest option
Rate from 3.75% per year in UIEstimated monthly payment$U 47,600≈ UI 7,120 · USD 1,184Minimum household income$U 136,001payment can be up to 35% of incomeSimulate at Santander ↗
Itaú
Rate from 3.75% per year in UIEstimated monthly payment$U 47,600≈ UI 7,120 · USD 1,184Minimum household income$U 136,001payment 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

Maldonado 1821 esq. Yaro.
Open in Google Maps · Maldonado 1821 esq. Yaro. ↗

Amenities

Elevator Garage Security Laundry Garden SUM Playroom Grill Master Security Cameras
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