Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 12.50
Mortgage as Percentage of Income: 103.57%
Loan Affordability Index: 0.97
Price to Rent Ratio - City Centre: 23.41
Price to Rent Ratio - Outside of Centre: 29.47
Gross Rental Yield (City Centre): 4.27%
Gross Rental Yield (Outside of Centre): 3.39%
Rent Per Month
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Apartment (1 bedroom) in City Centre 24,142.86 $U 20,000.00-34,227.85
Apartment (1 bedroom) Outside of Centre 17,509.04 $U 15,000.00-24,000.00
Apartment (3 bedrooms) in City Centre 39,360.00 $U 30,000.00-64,177.21
Apartment (3 bedrooms) Outside of Centre 30,650.56 $U 25,000.00-50,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,971.63 $U 7,949.61-15,899.22
Price per Square Feet to Buy Apartment Outside of Centre 10,328.03 $U 4,968.51-14,864.36
Salaries And Financing
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Average Monthly Net Salary (After Tax) 45,865.76 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.55 4.20-8.00

These data are based on 227 entries in the past 18 months from 46 different contributors.
Last update: November 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?