Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 9.60
Mortgage as Percentage of Income: 87.03%
Loan Affordability Index: 1.15
Price to Rent Ratio - City Centre: 19.12
Price to Rent Ratio - Outside of Centre: 18.09
Gross Rental Yield (City Centre): 5.23%
Gross Rental Yield (Outside of Centre): 5.53%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 23,040.40 $U 20,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 18,380.19 $U 15,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 39,180.50 $U 30,000.00-57,120.08
Apartment (3 bedrooms) Outside of Centre 36,813.01 $U 25,000.00-60,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 8,706.68 $U 7,075.45-13,006.32
Price per Square Feet to Buy Apartment Outside of Centre 7,082.13 $U 4,422.15-10,613.17
Salaries And Financing
Average Monthly Net Salary (After Tax) 44,242.72 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 4.20-13.00

These data are based on 200 entries in the past 18 months from 52 different contributors.
Last update: September 2023

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?