Pocitos | $500,000
A top-floor loft near Montevideo’s architecture school
This two-bedroom, one-bathroom loft is on Bulevar Artigas, the 6.5-mile-long thoroughfare that bisects central Montevideo, the Uruguayan capital.
With 12-foot ceilings and original brickwork, the loft is on the top floor of a four-story 1940s house that the seller acquired in 2017 and carved into three apartments. Pocitos, one of Montevideo’s most densely populated neighborhoods, has a mix of midrise buildings from the mid-20th century and new developments. The area’s dwindling stock of detached homes is getting demolished or converted to multiunit residences.
Facultad de Arquitectura, Diseño y Urbanismo, the architecture and design school of the national Universidad de la República, is across the street. Pocitos Beach and Montevideo’s waterfront are a mile and a half south. Estudio Café, a fashionable coffee spot with a minimalist concrete interior, is just south. Carrasco International Airport, with nonstop flights across Central and South America and to Miami, is 15 miles east.
Foreigners can buy property in Uruguay without restrictions. Transaction costs total 7 to 9 percent of the purchase price, including 3 percent broker fees, 0.55 percent notary charges, and a 2 percent transfer tax. Foreigners who invest approximately $540,000 in real estate and stay in Uruguay at least 60 days a year qualify for permanent residency and a 10-year tax exemption on foreign-sourced income.
Size: 1,614 square feet
Price per square foot: $310
Indoors: The loft’s open living and dining area features a fireplace, restored original pine floors and peaked ceilings crisscrossed with white beams. The kitchen, integrated into the living room, features a built-in oven, a gas cooktop, and an extractor hood. There is a full bathroom on one side of the apartment, and a half-bathroom on the opposite end. The glassed-in bedroom, up a short flight of stairs, overlooks the living area.
The building’s lobby features checkerboard tile floors and glass doors onto the street. An elevator serves all three apartments.
The owner, a German national who splits his time between Uruguay and his home country, is building a home elsewhere in Montevideo. Furniture — including a white fabric sofa, glass dining table and rattan seating — is included in the sale.
Outdoor space: A tiled terrace, with space for a small table and chairs, overlooks neighboring trees between surrounding buildings.
Costs: Annual property taxes, which combine municipal taxes and a school tax, are $1,650 (66,000 Uruguayan pesos). Monthly common charges are $300 (12,000 pesos).
Contact: Carlos García Arocena | +598-9944-6083 | Montevideo Sotheby’s International Realty
Cordón | $560,000
A renovated 1950s apartment in the central business district
This sprawling five-bedroom, four-bathroom apartment is in a 1950s building in Cordón, a busy downtown neighborhood of Montevideo with several Art Deco and midcentury buildings.
Puro Verso, a multilevel bookstore with a basement wine bar, is a mile west. The Tristan Narvaja Market, a century-old Sunday street market that now covers 50 blocks, takes place around the corner. The Oso Pardo bar, popular for artisan beers like a passion fruit I.P.A., is a short walk east.
The sellers renovated much of the apartment two years ago; previous owners refurbished the kitchen 15 years ago. Tired of commuting, the sellers are moving closer to their workplaces on the other side of Montevideo. Furniture is not included.
Size: 2,670 square feet
Price per square foot: $210
Indoors: The unit is on the fifth floor of a 12-story building with a daytime concierge. The apartment opens to a living room with hardwood floors and full-length, north-facing windows. The adjacent dining room connects to the long kitchen, which features granite countertops and wooden cabinets, along with a wood-burning stove. Ceilings throughout the apartment are more than 10 feet high. French doors connect the living spaces.
The principal bedroom features a renovated en suite bathroom with a double sink and glassed-in shower. Another bathroom was redecorated to include sleek black fixtures and an oval basin sink. The other two bathrooms have also been renovated.
Outdoor space: A broad balcony off the living room overlooks Constituyente Street. There is a smaller terrace with checkerboard tiles off the main bedroom. Both terraces offer panoramic city views.
Costs: Annual property taxes are $2,400 (96,000 pesos) Common charges for the unit are $600 (25,000 pesos).
Contact: Moira Schurmann | +598-9124-4333 | Team Haverkate/Engel & Völkers
Pocitos | $550,000
A seaside penthouse and former home of a noted decorator
This ninth-floor penthouse, atop a 1955 building by the Uruguayan architect Raul A. Sichero Bouret, was home to Raquel Armas, a noted Montevideo-based interior designer who died in 2024. Her family is selling the apartment, which Ms. Armas renovated in 1990 with features including a front door sourced from Montevideo’s now-demolished Punta Carretas prison.
With a popular beach at its doorstep, the building is on La Rambla de Pocitos, a section of the 14-mile boulevard along the Río de la Plata, one of the world’s largest rivers. Cafes, restaurants and parks line the boardwalk, a longtime gathering spot for locals. Cultural Alfabeta, which hosts film, music and arts events, is a few blocks north. Expreso Pocitos, which has served traditional chivitos beef sandwiches since 1910, is just west.
Size: 1,969 square feet
Price per square foot: $279
Indoors: The penthouse opens to a living room with floor-to-ceiling windows and restored herringbone hardwood floors. A brick wall divides the living room from the dining room, which features recessed lighting in hardwood ceilings that extend through the kitchen. The kitchen, which needs updating, includes granite countertops, a double sink and a long wooden island. There is one bedroom with an en suite bathroom and walk-in closet, and a half-bathroom next to a small laundry area near the kitchen. Brick columns, added by Ms. Armas, line one side of the apartment.
Furniture, including twin sofas and a long wooden dining table, is included in the sale.
Outdoor space: An 860-square-foot balcony with ocean views spans the length of the apartment. The sale includes an underground parking spot.
Costs: Annual property taxes are $2,500 (100,000 pesos). Common charges are $900 (36,000 pesos) monthly.
Contact: Carlos García Arocena | +598-9944-6083 | Montevideo Sotheby’s International Realty
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