Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 8.91
Mortgage as Percentage of Income: 80.01%
Loan Affordability Index: 1.25
Price to Rent Ratio - City Centre: 19.55
Price to Rent Ratio - Outside of Centre: 20.70
Gross Rental Yield (City Centre): 5.12%
Gross Rental Yield (Outside of Centre): 4.83%
Rent Per Month
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Apartment (1 bedroom) in City Centre 23,530.21 $U 20,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 17,739.21 $U 15,000.00-24,000.00
Apartment (3 bedrooms) in City Centre 39,157.89 $U 30,000.00-57,329.17
Apartment (3 bedrooms) Outside of Centre 32,285.44 $U 25,000.00-59,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,005.77 $U 7,101.35-11,470.43
Price per Square Feet to Buy Apartment Outside of Centre 7,479.94 $U 4,645.11-10,652.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 49,773.38 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 4.20-10.00

These data are based on 192 entries in the past 18 months from 38 different contributors.
Last update: April 2024

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?