1-Bedroom Apartment | Immediate 6% Yield | Cordón Soho | 2025 Building — Cordón
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Apartment

1-Bedroom Apartment | Immediate 6% Yield | Cordón Soho | 2025 Building

Cordón, Montevideo, Uruguay

USD 130.990

Features

Type
Apartment
Floor
1
Bedrooms
1
Beds
1
Bathrooms
1
Total area
55 m²
Covered area
47 m²
Year
2025
Orientation
South
Condition
Excellent

Description

Investment opportunity in Cordón Soho with an active lease running through December 2027. The unit is currently occupied under a valid contract with SURA guarantee: the buyer inherits the cash flow from the date of closing, with no vacancy period or tenant onboarding required.

Building delivered in December 2025, exempt from IRPF for 10 years. The tax exemption improves net yield compared to an equivalent resale unit. No utility connection fees.

Returns

Monthly rent $26,600 (~USD 7,980/year). Gross yield ~6% per year; estimated net yield ~5.7% in USD after taxes, supported by the IRPF exemption and the low vacancy rates typical of the area.

The property

55 m² · 1 bedroom, 1 full bathroom · living-dining room with excellent natural light · integrated kitchen · main terrace of 7 m² + separate laundry terrace · unit 104, move-in ready · rooftop BBQ and grill area (11th floor), elevator, parcel locker.

Location: Canelones between Minas and Magallanes, Cordón Soho.

Defensive investment: secured rental income, tenant already in place, and active tax benefit. Schedule your visit today.

Amenities

  • BBQ
  • Terrace
  • Balcony
  • Laundry room