|Last Updated: Nov. 14, 2015|
|COST (US$)||YIELD (p.a.)||PRICE/SQ.M. (US$)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|50 sq. m.||138,800||854||7.38%||2,776||17.08|
|85 sq. m.||235,365||1,417||7.22%||2,769||16.67|
|120 sq. m.||311,760||1,865||7.18%||2,598||15.54|
|245 sq. m.||737,205||3,354||5.46%||3,009||13.69|
|200 sq. m.||415,800||2,582||7.45%||2,079||12.91|
|500 sq. m.||1,002,500||4,475||5.36%||2,005||8.95|
Montevideo: Pocitos, Carrasco, Prado, and Punta Carretas
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule
Gross rental yields are moderate to good, at around 5.5% to 7.5%. They are better on smaller houses and apartments, as is typical in most countries. Bear in mind that these yields are gross, i.e., before costs and taxes, and so realistically net rental returns would normally be a couple of percentage points lower.
Rental yields in Montevideo have not changed much in recent years, though they are slightly lower than they were 10 years ago.
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