Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 18.10
Mortgage as Percentange of Income: 185.17%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 21.51
Price to Rent Ratio - Outside of Centre: 22.02
Gross Rental Yield (City Centre): 4.65%
Gross Rental Yield (Outside of Centre): 4.54%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 16,421.03 $U 14,000.00-23,000.00
Apartment (1 bedroom) Outside of Centre 13,164.80 $U 10,000.00-22,000.00
Apartment (3 bedrooms) in City Centre 30,102.64 $U 24,000.00-45,000.00
Apartment (3 bedrooms) Outside of Centre 25,456.90 $U 19,000.00-45,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 7,220.08 $U 5,574.14-9,369.34
Price per Square Feet to Buy Apartment Outside of Centre 6,072.81 $U 4,645.11-8,361.20
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 19,759.08 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.25 7.00-9.80

These data are based on 160 entries in the past 18 months from 28 different contributors.
Last update: February 2018

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2 Comments so far

#Jose I. Pulido on Jan 17, 2018 :
For a middle class couple over 60 years old do you think it is possible to have a comfortable quality of live with US$ 3000. Thanks
#Juan on Oct 28, 2014 :
Mortgage Interes Rate in Percentages taking US dolar as currency is 6% in average, but in local currency is much more (19% at least)