Uruguay real estate market — prices, rental yield and trend
- Average price: $3,126 / m²
- 12-month price change (USD): 6.2%
- Transaction cost: 11%
- Price basis: capital average
Residential property in Uruguay averages $3,126 per square metre, +6.2% in dollar terms over the last twelve months. That makes it the 41st most expensive of the 83 markets in the set.
What a buyer pays in Uruguay
The $3,126 figure is an average for the capital: it describes the capital's market, not the country as a whole — most of the country trades well below it. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 11% of the price here. On a 100 m² apartment at the average price that is roughly $34,386 on top of the $312,600 purchase price. That is close to the 10.2% median across the set.
What it earns
We publish a price for Uruguay but no rental yield. No public rent figure exists for this market at the same geographic level and from the same source as the price, and we do not estimate one: a yield built from two unrelated sources would describe no real property.
How the tax works. 10.5% of the gross rent, final: the 12% non-resident rate (Título 8 art. 18 B) applied to 87.5% of the rent under Decree 149/007 art. 33(a) — a 12.5% notional expense allowance — and under art. 24 a non-resident can make the withholding final without filing. With a private tenant the owner pays 10.5% monthly advances (DGI Resolution 662/007). Residential letting is VAT-exempt, and the 40 BPC exemption is for residents only. Source: gub.uy / impo.com.uy.
Who can buy in Uruguay
Freehold, no restrictions. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.
How this figure is built
The price figure for Uruguay is built from asking prices from listings. It was last refreshed on 2026-09-13. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: INE Uruguay via GPG price-history · globalpropertyguide.com · numbeo.com. Snapshot: 2026-09-13.