$380,000

Set on one of Montevideo's most storied corners, where Plaza de Cagancha opens onto Avenida 18 de Julio, the Palacio Montero has presided over the heart of the city since 1925. Designed by the architect Alberto Trigo and listed as a protected heritage building, it remains one of the finest surviving examples of the capital's early twentieth-century architecture. This flat occupies the fifth floor, facing east over the plaza, with the morning light carried in through generous balconies. The apartment has been fully restored: the original character — high ceilings and gracious proportions — has been preserved, while the comforts expected today have been quietly introduced. Every window has been rebuilt with double glazing, keeping the rooms calm and temperate year-round in the middle of the city. With only two apartments per floor, a lift and building security, the Palacio preserves the privacy and patrician air of its era. As a listed property it is exempt from annual real-estate tax — an uncommon advantage that meaningfully lowers the cost of ownership. This is a rare opportunity to own a piece of Montevideo's history on one of its most recognizable corners, with none of the compromises usually asked of a period home.