Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 12.79
Mortgage as Percentage of Income: 105.35%
Loan Affordability Index: 0.95
Price to Rent Ratio - City Centre: 23.32
Price to Rent Ratio - Outside of Centre: 29.23
Gross Rental Yield (City Centre): 4.29%
Gross Rental Yield (Outside of Centre): 3.42%
Rent Per Month
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Apartment (1 bedroom) in City Centre 24,272.73 $U 20,000.00-35,184.90
Apartment (1 bedroom) Outside of Centre 17,742.55 $U 15,000.00-24,000.00
Apartment (3 bedrooms) in City Centre 40,760.00 $U 30,000.00-81,107.24
Apartment (3 bedrooms) Outside of Centre 31,517.05 $U 25,000.00-50,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 11,129.04 $U 8,171.89-16,343.78
Price per Square Feet to Buy Apartment Outside of Centre 10,449.59 $U 5,107.43-14,864.36
Salaries And Financing
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Average Monthly Net Salary (After Tax) 45,389.66 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.47 4.20-8.00

These data are based on 222 entries in the past 18 months from 42 different contributors.
Last update: January 2025

Sources and References
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1 Comments so far
Muhammad usman on Mar 08, 2022:
Can I buy apartments in 20.000 US dollar?