Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 11.93
Mortgage as Percentage of Income: 131.16%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 20.10
Price to Rent Ratio - Outside of Centre: 19.62
Gross Rental Yield (City Centre): 4.98%
Gross Rental Yield (Outside of Centre): 5.10%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 23,327.59 $U 19,496.40-30,000.00
Apartment (1 bedroom) Outside of Centre 19,238.06 $U 15,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 38,876.01 $U 30,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 36,110.03 $U 25,000.00-60,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 9,186.06 $U 7,245.04-13,006.32
Price per Square Feet to Buy Apartment Outside of Centre 7,796.10 $U 6,158.28-10,867.56
Salaries And Financing
Average Monthly Net Salary (After Tax) 38,294.25 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.25 4.50-15.00

These data are based on 191 entries in the past 18 months from 39 different contributors.
Last update: March 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?