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Check out over 500 offers of property in Montevideo, Maldonado and other popular cities and choose off-plan apartments for sale in Uruguay at the developer's price on the Global.Properties website. How to find an overseas property that fully matches your preferences:
- Use filters. Open the advanced search engine to specify prices and areas, number of bedrooms and bathrooms, location, construction stage and other parameters.
- Arrange the results. Ads can be ranked by name, popular off-plan flats for sale in Uruguay, date, and lower and higher prices.
- Check out the relevant offers. Study the descriptions of the properties, view the photos, use the interactive map to find out what amenities are nearby, and convert prices into the currency you want.
- Contact the seller directly or via private messages. The agency's or developer's contact details are indicated in each ad. Contact them to ask questions and arrange a deal.
- The lowest value of an off-plan apartment in Uruguay is $82,000.
- The highest price is $5.3 million.
Buyers of Uruguayan real estate, including apartments and villas in Montevideo, can obtain an investor visa. To do this, they must invest at least $525,000. Upon obtaining a residency permit, foreigners will be granted a permanent residency permit requiring them to spend 60 days annually in the country. Residents are eligible to request citizenship after a period of 5 years. If they have obtained permanent residency with their spouse, the duration is shortened to 3 years.
There is a retirement investment programme available for retirees with a monthly income of over $1,500. In return for purchasing new off-plan apartments in Uruguay valued at least $100,000, they have the opportunity to obtain a residence permit.
Off-plan apartment in Uruguay
The appeal of apartments in off-plan projects in Uruguay for investments and living lies in the financial advantages and the option to customise the space. Several developers offer early buyers the opportunity to change the interior layout and select finishing materials, furniture, plumbing, colour schemes, and other details. This enables you to modify the off-plan flat in Uruguay to suit your preferences or enhance its appeal to potential buyers and renters.
Additional benefits of the new apartment buildings involve a highly developed internal infrastructure. Numerous high-end and exclusive projects provide amenities such as infinity pools, gyms, spas, children's play areas, barbecue areas and more.
Investments in off-plan apartments in Uruguay
What makes apartments for sale in off-plan projects in Uruguay so investment-attractive:
- Potential capital gains. On average, off-plan flats are 15–30% more lucrative than ready-to-move housing in terms of pricing. Investors who have concluded a deal during the excavation phase can either make profits from selling right after the project is finished or increase their capital gains by opting for a buy-and-hold approach. Local real estate is increasing in price, making the second option still applicable. The average house price increased by 13.33% year-on-year in Q2 2024.
- Convenient payment plans. Developers offer flexible payment schedules to attract buyers at the project's initial stages. The initial payment is usually 5–30%, and the remaining cost can be covered in parts until the construction work is finished.
- Political stability and economic growth. Unlike many of its neighbours in South America, the Republic has a long history of democracy and strong institutions, which makes it a safe and reliable place to make beneficial investments in off-plan apartments in Uruguay. There has also been steady economic growth with high GDP and low inflation over the past decade. The local government is taking steps to attract foreign investment, including tax incentives and free trade zones.
- A reliable legal system. The country’s legal system is well-regarded for its dependable safeguarding of contracts and private property rights. It has become known as a conducive space for business and investment. Local laws safeguard the rights of domestic and international homeowners.
- A strategic location. The country is located between Brazil and Argentina and has a developed transport infrastructure with modern airports, highways, and ports, connecting it to major international markets. This makes it a centre of trade and commerce. The Republic is also located conveniently for flights to major cities of the continent, such as Sao Paulo, Buenos Aires and Santiago attracting numerous travellers.
Buy an off-plan apartment in Uruguay
Our platform is updated daily with new residential properties, commercial spaces and land plots for those who want to buy an off-plan apartment in Uruguay. All ads or apartments in Montevideo and other parts of the Republic come from reliable real estate agencies and developers, after which they are manually checked. Use the aggregator features to find and purchase new flats.