Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 13.70
Mortgage as Percentange of Income: 141.86%
Loan Affordability Index: 0.70
Price to Rent Ratio - City Centre: 21.59
Price to Rent Ratio - Outside of Centre: 22.33
Gross Rental Yield (City Centre): 4.63%
Gross Rental Yield (Outside of Centre): 4.48%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 16,597.28 $U 15,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 13,111.84 $U 10,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 29,487.20 $U 24,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 24,657.63 $U 20,000.00-36,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 7,219.54 $U 5,574.14-10,234.25
Price per Square Feet to Buy Apartment Outside of Centre 6,054.60 $U 4,645.11-8,361.20
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 26,065.70 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.42 7.00-10.00

These data are based on 140 entries in the past 18 months from 23 different contributors.
Last update: May 2018

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2 Comments so far

#Jose I. Pulido on Jan 17, 2018 :
For a middle class couple over 60 years old do you think it is possible to have a comfortable quality of live with US$ 3000. Thanks
#Juan on Oct 28, 2014 :
Mortgage Interes Rate in Percentages taking US dolar as currency is 6% in average, but in local currency is much more (19% at least)