Montevideo’s July market is liquid but uneven by neighborhood. INGAR’s latest city analysis puts months of stock at 2.6 citywide, with Aires Puros turning over fastest at 1.3 months and Puerto Buceo slowest at 3.4 months.
Liquidity Differs Block By Block
A 2.6-month stock figure suggests a balanced-to-active market, but the neighborhood spread is the real story. Buyers in faster districts have less negotiating time, while sellers in slower premium areas may need more patience. The difference between Aires Puros and Puerto Buceo shows how strongly price point and property type shape absorption.
Premium Districts Keep The Price Lead
INGAR’s June index put the median apartment price in Montevideo at about USD2,561 per square metre. Golf led at roughly USD4,045, followed by Puerto Buceo and Villa Biarritz, while Piedras Blancas, Cerro and Colon were much more affordable. That spread gives both investors and owner-occupiers multiple market layers inside one city.
Yields Are Competitive In Lower-Price Areas
The same index estimated a median gross apartment yield of 6.0%, with Piedras Blancas much higher at 11.8% gross. Investors need to discount those figures for maintenance, vacancy, taxes and management, but the ranking highlights why lower-priced neighborhoods can beat premium districts on income return.
What To Watch Next
Montevideo should remain active where pricing meets local income and rental depth. Premium coastal neighborhoods may hold value, but the faster absorption and stronger yields are in more affordable submarkets. Track Uruguay real estate daily: For current listings, price trends, and market data, visit uruguayhousingmarket.com.
