The Global Properties website features over 538 listings of villas and houses in Canelones from reputable real estate agencies and developers. To buy a house in Canelones, familiarise yourself with the database, explore suitable listings and review the features, prices and layouts. The next step is to communicate with the seller, either by phone or through private messages.
- Lowest house prices in Canelones: USD 75000
- Highest villa prices in Canelones: USD 12 million
Bedrooms | Minimum price ($) | Maximum price ($) |
---|---|---|
1-bedroom |
52,000 |
1.8 million |
2-bedroom |
61,000 |
1.7 million |
3-bedroom |
63,000 |
2.7 million |
4-bedroom |
78,000 |
4.8 million |
5-bedroom |
82,000 |
7.4 million |
- Smallest floor area: 103 m²
- Average size of a villa in Canelones: 210 m²
- Largest area of a house for sale in Canelones: 2,800 m²
Getting a local residency permit is made easier through investment opportunities, which involve buying a villa in Canelones or any overseas property valued at over USD 525,000. To maintain residency, individuals must be in the country for at least 180 days each year. Citizenship can be acquired after living continuously in the country for three or five years, depending on the investment programme.
Houses for sale in Canelones
The city is an attractive destination for those interested in investing in a house in Canelones. , Located north of Montevideo, the region offers a blend of urban and rural living, making it ideal for various lifestyles. It’s known for its robust infrastructure, including well-maintained roads, reliable public services and ongoing development projects. Additionally, the area benefits from its proximity to Montevideo's amenities, including healthcare, education and shopping centres.
The market for real estate in Uruguay is quite diverse, with a strong emphasis on houses and villas for sale in Canelones. These properties often feature spacious layouts, modern designs and ample outdoor spaces, catering to both families and individuals seeking tranquillity. The coastal areas, such as Costa de Oro, are particularly popular, offering scenic views and easy access to beaches. The region's appeal is further enhanced by its growing expatriate community, which adds to the cultural richness and diversity of the area.
Villas in Canelones for investment are not only about acquiring a home but also about making a sound financial decision. The domestic real estate market has demonstrated consistent growth, driven by both local and international demand. Local properties are considered a stable investment, with appreciation potential due to ongoing infrastructure improvements and the region's natural appeal. Moreover, the Uruguayan government's favourable policies towards foreign investors make the process of purchasing property relatively straightforward.
In summary, the city offers a compelling mix of modern infrastructure, diverse real estate options and investment potential. Whether you’re seeking a permanent residence, a holiday home or an investment villa in Canelones, local properties present a promising opportunity.
Reasons for investing in a house in Canelones
Purchasing houses for sale in Canelones, Uruguay, is an excellent investment opportunity due to the region's high rental yields, growing real estate market and ongoing infrastructure improvements. The area's proximity to Montevideo and its natural attractions further enhance its appeal. Additionally, the city offers several other advantages worth exploring:
- High rental yields: It offers attractive rental yields for investors. The average gross rental yield in Uruguay stands at 6.54% as of Q2 2024, with the city being a significant contributor due to its desirable location and amenities. This makes it a lucrative option for those looking to generate steady rental income;
- Growing real estate market: The market is robust and growing. In 2023, the region accounted for 22% of real estate transactions, second only to Montevideo. This indicates a healthy demand for properties in the area, driven by both local and international buyers;
- Investment stability: Uruguay is known for its stable political and economic environment, which is favourable for investing in real estate. The country’s policies are supportive of foreign investors, making the process of purchasing a house in Canelones straightforward and secure;
- Off-plan projects: There’s a growing number of off-plan properties, providing businessmen with the opportunity to buy a villa in Canelones at lower prices before they are completed. This can result in significant capital appreciation once the properties are finished and the market value increases;
- Natural attractions: The region boasts beautiful landscapes, including beaches and vineyards, which enhance the quality of life and attract tourists. This natural appeal not only makes it a desirable place to live but also boosts the potential for short-term rental income from holidaymakers.
In conclusion, investing in houses in Uruguay offers a combination of high rental yields, market growth, infrastructure development and investment stability. These factors make it an attractive option for both local and international investors looking to diversify their portfolios.
Buying houses in Canelones
Are you in search of the ideal villa for sale in Canelones? The Global Properties aggregator offers a variety of houses and apartments in Uruguay, ensuring every client finds their perfect overseas property. Whether you envision owning a beachfront cottage or a city apartment, you will find your dream home on our website.
Detailed descriptions of the property, along with photos and features, can be found on the website, including the latest information about the surrounding area. To facilitate this, you can use the filter system, which makes searching much easier. The website also includes a currency converter tool for the convenient calculation of the cost of a villa in Canelones.
Selecting an overseas property is a crucial decision. We strive to simplify this process and make it as enjoyable as possible. Take a look at the current listings and reach out to the seller to obtain valuable information on purchasing a home as a foreigner.