Uruguay Real Estate Analytics

Property market metrics including price-to-income ratio, rental yields, and price trends

Price to Income

10.3x

Ratio of property prices to annual income

Rental Yield

4.7%

Average annual rental return

Price to Rent

21.1

Ratio of property prices to annual rent

Price to Income Ratio

Ratio of median house price to median annual household income

Rental Yield

Annual rental income as percentage of property value

Price to Rent Ratio

Ratio of property price to annual rental income

Apartment Rent (City Centre)

Monthly rent for 1-bedroom apartment in city centre

Apartment Price (City Centre)

Price per square meter to buy apartment in city centre

Apartment Price (Outside Centre)

Price per square meter to buy apartment outside city centre

1BR Rent (Outside Centre)

Monthly rent for 1-bedroom apartment outside city centre

3BR Rent (City Centre)

Monthly rent for 3-bedroom apartment in city centre

3BR Rent (Outside Centre)

Monthly rent for 3-bedroom apartment outside city centre

Mortgage Interest Rate (20Y)

Average mortgage interest rate for 20-year fixed loan

Additional Insights

Expert analysis of Uruguay Real Estate trends and investment implications

Market Overview

Uruguay's real estate market exhibits moderately high price-to-income ratios, suggesting a potential overheating risk, while rental yields are reasonably attractive at 4.7%. Historical data indicates a trend of steady price appreciation, but current metrics suggest caution. Investors should weigh the high price-to-rent ratio of 21.1 when deciding between buying and renting.

Key Findings

Data-driven insights

•Price to Income Ratio is 10.3, indicating higher property prices relative to income.
•Rental Yield stands at 4.7%, offering moderate returns compared to local interest rates.
•Price to Rent Ratio is 21.1, suggesting buying may be less economically rational than renting.
•Historical data shows consistent property price appreciation over the past decades.

Market Trends

Historical patterns

•Long-term appreciation trend with occasional price corrections.
•Recent years show a stabilization in price growth, hinting at a mature market phase.
•A consistent increase in property prices, albeit with moderate rental yield fluctuations.

For Investors

Actionable takeaways

•Consider buying opportunities selectively, focusing on properties with higher-than-average rental yields.
•Monitor for signs of market correction, particularly if price-to-income ratios continue to rise.
•Current rental yields are competitive; consider holding properties to benefit from steady income.
•Evaluate the economic viability of renting over buying given the high price-to-rent ratio.

Market Context

Uruguay's property market is relatively mature, characterized by stable growth and moderate yields. However, the high price-to-income ratio could signal potential risk of market correction, requiring cautious investment strategies.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.