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1819 sqft
We welcome you to explore endless opportunities in our exceptional collection of properties for sale in Uruguay!
Uruguay, situated in Southeastern South America, has become a hot spot for South Americans and North Americans alike over the years. The breathtaking beaches, quaint little villages, and friendly enthusiastic locals are attracting more and more visitors. This eternally sunny country is an ideal choice for your holiday home. Whether you prefer bustling cities like Montevideo or Punta del Este, small cottages on the largely untouched islands, or luxury beach-front properties along the sun-drenched coastline of Rocha, real estate in Uruguay offers a smorgasbord of incredible holiday homes.
If you’re eager to buy a property in Uruguay, you probably have many questions about market trends, popular locations, and the process overall. You can rely on us for assistance!
Where to buy property in Uruguay?
Let’s discover where to shop for the best real estate in Uruguay
East Coast: Montevideo
Montevideo, the capital city of Uruguay, is one of the favorite destinations for foreigners. Filled with a mix of modern and traditional Uruguayan culture, the city offers stunning beachfront properties, excellent restaurants, and a vibrant nightlife. A popular spot within Montevideo is Pocitos, a well-known neighborhood famous for its beach. The city offers a range of properties, from luxurious villas to affordable apartments.
West Coast: Colonia del Sacramento
Colonia del Sacramento is known for its rich history, stunning landscapes, beautiful beaches, and vibrant food scene. If you're looking for a property for sale in Uruguay with a limited budget, the West Coast region offers affordable charming houses and apartments with stunning views of the River Plate.
Southwest: Punta del Este
Punta del Este in the Southwest of Uruguay is famously known for its beaches, nightlife, and as a place of residence of many international celebrities. The city is popular for its top-class restaurants, world-renowned museums, and a diverse mix of local and international communities. In Punta del Este, you can find everything from luxury beachfront houses to city apartments.
Uruguayan Countryside
If you're more interested in rural properties, the Uruguayan Countryside has a lot to offer. With large expanses of fertile lands, the Country region is perfect for farming and natural living. The rural properties for sale in Uruguay can be quite affordable and provide a quality lifestyle away from the hustle and bustle of the city.
The average price of a property in Uruguay: Trends overview
Here is a list of average property prices per square metre in different regions of Uruguay, as reported by the Instituto Nacional de Estadística (INE) and the Ministerio de Transporte y Obras Públicas. Montevideo: UYU 50,000 - UYU 70,000 per sq m Maldonado: UYU 40,000 - UYU 60,000 per sq m Canelones: UYU 30,000 - UYU 50,000 per sq m Rio Negro: UYU 20,000 - UYU 40,000 per sq m Paysandú: UYU 20,000 - UYU 30,000 per sq m San José: UYU 25,000 - UYU 45,000 per sq m Colonia: UYU 25,000 - UYU 40,000 per sq m Tacuarembó: UYU 15,000 - UYU 25,000 per sq m Durazno: UYU 20,000 - UYU 30,000 per sq m Lavalleja: UYU 20,000 - UYU 35,000 per sq m Please note that these are just average prices and they may vary depending on the location and the condition of the property.
No matter what your needs are, you may find anything that suits you as we offer a unique blend of style, comfort, and sophistication, promising a lifestyle beyond compare. So, discover your dream home and start the journey of homeownership that exceeds every expectation.
Frequently asked questions:
Is buying property in Uruguay a good investment?
Buying property in Uruguay can be a wise investment for several reasons. Firstly, the country possesses a robust and dependable legal system that safeguards property rights for both locals and foreigners. Secondly, real estate institutional investors can expect a regular income from the rental market due to Uruguay's flourishing tourism industry and consistent population growth. Thirdly, Uruguay boasts one of the lowest costs of living in South America, making it a high-value destination and a lucrative investment opportunity. Lastly, the Uruguayan government provides tax incentives for property owners which present enticing offers for foreign investors.
Which places in Uruguay have the most properties for sale?
Montevideo and Maldonado provide a broad range of housing options and the highest quantity in the country. If you prefer a more central location, then choose Montevideo. The capital market is booming with Uruguay property for sale.
Can a foreigner buy property in Uruguay?
Yes, a foreigner can buy property in Uruguay. There are no restrictions on foreigners owning property and they are given the same rights as locals in terms of property ownership.
Where are the cheapest areas to buy properties in Uruguay?
If you're seeking affordable real estate in Uruguay for an unbelievably low price, consider regions like Rivera and Cerro Largo. They offer properties at a lower cost than Punta del Este and other well-known destinations for real estate in Uruguay. Other budget-friendly areas include Tacuarembó, Rocha, and Maldonado.
What is better to buy in Uruguay: a house or an apartment?
When contemplating purchasing property in Uruguay, one must ponder the benefits of a house versus an apartment. If you're in the market for a stunning property with river views, an apartment might be the ideal choice, as they are frequently situated in prime spots near the Rio de la Plata, such as the sophisticated neighbourhoods of Montevideo. However, if you desire the tranquility of the countryside, a house situated in the beautiful and peaceful rural areas of the country might be more suitable for you and your family. Uruguay homes offer a variety of properties in development, including ranches and cottages, which may be more suitable for families than apartments.