Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 18.29
Mortgage as Percentage of Income: 228.67%
Loan Affordability Index: 0.44
Price to Rent Ratio - City Centre: 22.80
Price to Rent Ratio - Outside of Centre: 18.82
Gross Rental Yield (City Centre): 4.39%
Gross Rental Yield (Outside of Centre): 5.31%
Rent Per Month
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Apartment (1 bedroom) in City Centre 22,990.76 $U 18,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 21,445.64 $U 15,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 40,351.59 $U 32,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 42,000.00 $U 25,000.00-60,298.75
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,507.11 $U 8,547.01-13,071.08
Price per Square Feet to Buy Apartment Outside of Centre 8,504.16 $U 7,095.73-11,203.78
Salaries And Financing
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Average Monthly Net Salary (After Tax) 27,972.73 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.14 6.00-15.00

These data are based on 131 entries in the past 18 months from 24 different contributors.
Last update: July 2022

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?