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Global Properties

Properties for sale in Montevideo (department)

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6332 properties
FAQ
How to buy property in Montevideo as a foreigner on the website Global.Properties?

The website Global.Properties features a collection of over 6332 offers of properties for sale in Montevideo, sourced from reliable real estate agencies and directly from developers.

  • To purchase real estate, utilise the convenient search form and additional filters.
  • To select a property, you can utilise the map or apply the quick links at the bottom of the page, which offer common filter combinations such as “by the sea” or “on the first line”.
How much is property in Montevideo?
  • Lowest property prices in Montevideo: USD 89000
  • Highest cost of property in Montevideo: USD 3,95 million
What is the area of real estate in Montevideo?
  • The minimum floor area is 10 m²
  • The largest area is 1,200 m²
How to get a residence permit in Uruguay when housing in Montevideo?

The most affordable option to obtain a residence permit is to invest in property. To apply for a golden visa, you must purchase properties in Montevideo, Uruguay, valued over USD 525,000 and demonstrate actual presence in the country.

Which neighbourhoods in Montevideo are popular for relocation?

Pocitos, Nuevo Pocitos and Punta Carretas are widely regarded as the most sought-after neighbourhoods for purchasing real estate for sale in Montevideo. These clusters, situated near each other, offer excellent living conditions, including a convenient location near the city centre, easy access to the waterfront and well-developed infrastructure. Predominantly comprised of quality apartment buildings with concierge service, these neighbourhoods also boast excellent transportation links and a high level of security.

Property in Montevideo

Montevideo, Uruguay, offers a vibrant blend of culture, history and modernity, making it an appealing place to reside. The city boasts a relaxed lifestyle complemented by beautiful beaches, parks and a bustling culinary scene. Its efficient transportation system includes buses, taxis and bike-sharing programmes, ensuring convenient mobility throughout the city. Moreover, the infrastructure is well-developed, providing reliable utilities, healthcare facilities and educational institutions. Residents enjoy a relatively low cost of living compared to other capital cities, along with a strong sense of community and safety.

The housing market is intricately tied to the economic and political stability of a country. Uruguay has long been renowned for its stability, making it attractive to both local and foreign investors.

Demand in Montevideo is fuelled by the city's growing population, as well as an influx of expatriates and international buyers seeking to acquire an apartment or house in the capital. Government programmes aimed at stimulating construction, offering housing subsidies and encouraging foreign investment play pivotal roles in the development of the housing sector.

Recently, efforts have been made to streamline the process of purchasing real estate in Uruguay, enhance affordability and promote sustainable development in the city, bringing increased attention to the market.

The harmonious blend of historic architecture and modern development lends the city a distinctive charm, attracting a diverse audience. In Montevideo, buyers seek a range of real estate options, with a particularly strong interest in modern apartments boasting comprehensive amenities, properties situated in urban areas with excellent transport infrastructure and units located in safe neighbourhoods, ideal for families. Options that offer a combination of comfort, luxury and additional amenities hold significant value in the market.

The housing stock of the region encompasses all popular types, including townhouses, villas and apartments in Uruguay. Developers are actively constructing elite objects, highly popular among both affluent locals and foreign investors alike. However, there might be a shortage of affordable apartments in the market, which are also in demand, particularly among young individuals and middle-income families, potentially rendering investments lucrative.

Reasons for investing in property in Montevideo

Montevideo is a popular investment destination due to its stable economy, high quality of life and potential for value appreciation. The city centre, coastal areas and fashionable neighbourhoods are particularly sought after.

Advantages of investment real estate in Montevideo:

  • No restrictions on home ownership and the possibility of obtaining a residence permit through investment;
  • Competitive prices compared to neighbouring regions, providing a balance of value and quality;
  • Stable and transparent legal framework, creating a safe environment for investment;
  • High profitability ratio. The average rental yield is around 6%, with higher yields available in central areas and coastal zones.

The economic outlook is generally positive. The housing market is expected to continue to grow, although perhaps not as rapidly as in other regions of the country. Active development of the city's infrastructure, investment in tourism and international business are enhancing the city’s attractiveness, which may drive up demand for local apartments.

Buying real estate in Montevideo

Our website contains all the current listings for homes on sale in the country, saving you the time of browsing various online marketplaces. Now, all the data is available on one site. The database of ads is regularly updated and contains only current offers. Thanks to a convenient search engine, you can easily customise filters by housing type, location and price. Our converter will help you quickly recalculate the price of properties in Montevideo for investment and living in any currency. Once you find the right option, you can immediately contact the seller. Check out current offers in real time and start choosing a house in Uruguay right now.

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