Promoted housing in Cordón

There are 47 promoted housing properties for sale today in Cordón, from U$S 95,294 to U$S 249,600. The median price per square metre is U$S 3,418. Contact us on WhatsApp or email for more information or to schedule a visit.

What is promoted housing?

These are projects declared of interest under Uruguayan Law 18,795, which promotes housing construction with tax benefits for the developer and, partly, for the buyer. Most are in central and mid-town Montevideo neighbourhoods such as Cordón, Tres Cruces or La Blanqueada.

Benefits for buyers

If you rent it out, rental income is exempt from personal income tax (IRPF) for 10 years.
The unit is exempt from Wealth Tax (Impuesto al Patrimonio) for 10 years.
The first sale is exempt from the property transfer tax (ITP).
You can live in it or keep it as an investment.

For guidance only: conditions depend on each project and current regulations. Confirm them with your notary or accountant before buying.

Promoted housing in other neighbourhoods

Tres Cruces (29) La Blanqueada (21) Palermo (13) Centro (12) Barrio Sur (11) Carrasco (7) Buceo (3) Ciudad de la Costa (3) Bella Vista (3) Malvín (2) Parque Batlle (2) Aguada (2) Lagomar (1)

For saleFeaturedPromoted housing

Apartment

Tribeca By Block Building - 2 bedrooms

Cordón, Montevideo

58.82 m²

U$S 175,100

For saleFeaturedPromoted housing

Apartment

Torre Alba - 2 bedrooms

Cordón, Montevideo

50.99 m²

U$S 219,000

For salePromoted housing

Apartment

Lagöm Paullier Building - Studio Apartment · 30 m²

Cordón, Montevideo

Studio

30 m²

U$S 105,000

Lagöm Paullier Building - 1 bedroom · 44 m²

For salePromoted housing

Apartment

Lagöm Paullier Building - 1 bedroom · 44 m²

Cordón, Montevideo

44 m²

U$S 119,000

21% below area

Lagöm Paullier Building - 2 bedrooms · 63 m²

For salePromoted housing

Apartment

Lagöm Paullier Building - 2 bedrooms · 63 m²

Cordón, Montevideo

63 m²

U$S 169,000

For salePromoted housing

Apartment

Gala Rock Building - Studio Apartment · 31 m² · 2nd floor

Cordón, Montevideo

Studio

31 m²

U$S 101,097

Gala Rock Building - 1 bedroom · 46 m² · 2nd floor

For salePromoted housing

Apartment

Gala Rock Building - 1 bedroom · 46 m² · 2nd floor

Cordón, Montevideo

46 m²

U$S 127,497

19% below area

Gala Rock Building - 2 bedrooms · 56 m² · 2nd floor

For salePromoted housing

Apartment

Gala Rock Building - 2 bedrooms · 56 m² · 2nd floor

Cordón, Montevideo

56 m²

U$S 137,848

21% below area

Soho Mercedes Building - 1 bedroom · 47 m²

For salePromoted housing

Apartment

Soho Mercedes Building - 1 bedroom · 47 m²

Cordón, Montevideo

47 m²

U$S 135,000

16% below area

For salePromoted housing

Apartment

Tribeca By Block Building - Studio Apartment

Cordón, Montevideo

Studio

30.03 m²

U$S 103,000

For salePromoted housing

Apartment

Tribeca By Block Building - 1-bedroom

Cordón, Montevideo

43.85 m²

U$S 129,600

For salePromoted housing

Apartment

Site Charrúa Building - 1 bedroom

Cordón, Montevideo

43.15 m²

U$S 131,228

Frequently asked questions

How much does promoted housing cost in Cordón?

There are 47 promoted housing properties for sale today in Cordón, from U$S 95,294 to U$S 249,600. The median price per square metre is U$S 3,418.

What is promoted housing?

Benefits for buyers

If you rent it out, rental income is exempt from personal income tax (IRPF) for 10 years. The unit is exempt from Wealth Tax (Impuesto al Patrimonio) for 10 years. The first sale is exempt from the property transfer tax (ITP). For guidance only: conditions depend on each project and current regulations. Confirm them with your notary or accountant before buying.

Can I buy promoted housing to live in?

Yes. It can be your own home; the rental benefits only apply if you rent it out.