Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 8.96
Mortgage as Percentage of Income: 80.42%
Loan Affordability Index: 1.24
Price to Rent Ratio - City Centre: 20.02
Price to Rent Ratio - Outside of Centre: 20.90
Gross Rental Yield (City Centre): 4.99%
Gross Rental Yield (Outside of Centre): 4.78%
Rent Per Month
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Apartment (1 bedroom) in City Centre 23,363.64 $U 20,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 17,767.60 $U 15,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 37,842.11 $U 30,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 31,956.30 $U 25,000.00-59,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,055.70 $U 7,158.57-11,468.01
Price per Square Feet to Buy Apartment Outside of Centre 7,525.24 $U 4,645.11-10,737.85
Salaries And Financing
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Average Monthly Net Salary (After Tax) 49,806.18 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 4.20-10.00

These data are based on 189 entries in the past 18 months from 37 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?