Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 17.80
Mortgage as Percentage of Income: 184.57%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 25.18
Price to Rent Ratio - Outside of Centre: 29.31
Gross Rental Yield (City Centre): 3.97%
Gross Rental Yield (Outside of Centre): 3.41%
Rent Per Month
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Apartment (1 bedroom) in City Centre 19,348.46 $U 15,000.00-28,000.00
Apartment (1 bedroom) Outside of Centre 15,331.74 $U 12,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 34,349.15 $U 27,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 28,890.64 $U 20,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,814.41 $U 7,432.18-13,006.37
Price per Square Feet to Buy Apartment Outside of Centre 9,299.96 $U 6,909.64-14,225.72
Salaries And Financing
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Average Monthly Net Salary (After Tax) 28,889.99 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.44 6.00-15.00

These data are based on 233 entries in the past 18 months from 43 different contributors.
Last update: July 2021

Sources and References
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1 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