Property Prices in Montevideo, Uruguay

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Index Info
Price to Income Ratio: 9.81
Mortgage as Percentage of Income: 85.66%
Loan Affordability Index: 1.17
Price to Rent Ratio - City Centre: 21.61
Price to Rent Ratio - Outside of Centre: 20.40
Gross Rental Yield (City Centre): 4.63%
Gross Rental Yield (Outside of Centre): 4.90%
Rent Per Month
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Apartment (1 bedroom) in City Centre 23,869.57 $U 20,000.00-30,197.94
Apartment (1 bedroom) Outside of Centre 17,564.75 $U 15,000.00-23,000.00
Apartment (3 bedrooms) in City Centre 40,904.76 $U 30,000.00-60,395.88
Apartment (3 bedrooms) Outside of Centre 31,970.06 $U 25,000.00-50,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,229.21 $U 7,481.22-14,864.36
Price per Square Feet to Buy Apartment Outside of Centre 7,300.84 $U 4,645.11-11,221.83
Salaries And Financing
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Average Monthly Net Salary (After Tax) 48,079.25 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.19 4.20-10.00

These data are based on 200 entries in the past 18 months from 39 different contributors.
Last update: July 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?