Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 13.24
Mortgage as Percentange of Income: 137.12%
Loan Affordability Index: 0.73
Price to Rent Ratio - City Centre: 21.84
Price to Rent Ratio - Outside of Centre: 23.92
Gross Rental Yield (City Centre): 4.58%
Gross Rental Yield (Outside of Centre): 4.18%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 16,323.40 $U 15,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 12,416.50 $U 9,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 29,323.94 $U 24,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 23,030.77 $U 19,000.00-30,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 7,221.04 $U 5,574.14-9,979.87
Price per Square Feet to Buy Apartment Outside of Centre 6,102.06 $U 4,645.11-7,525.08
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 27,074.70 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.42 7.00-10.00

These data are based on 143 entries in the past 18 months from 24 different contributors.
Last update: August 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)