Montevideo’s July opportunity map shifted attention to accessible neighbourhoods. INGAR’s latest analysis put Belvedere at an estimated 12.9 percent gross yield, with Piedras Blancas, Colon and Cerro also showing low prices and quick absorption.

Yield Comes From Entry Price

Belvedere’s high estimated return is tied to low asking prices and manageable months of stock. Investors still need tenant quality, maintenance, vacancy and resale depth before trusting a gross yield.

Piedras Blancas Remains A Liquidity Test

Piedras Blancas showed about USD 981 per square metre, 1.3 months of stock and positive monthly movement in the July analysis. That combination supports both first-home and rental strategies.

Prestige Areas Need Harder Negotiation

Carrasco, Villa Biarritz and other premium areas can offer status and capital preservation, but slower stock movement reduces income appeal. Buyers should compare months of stock before paying coastal premiums.

Outlook

Uruguay’s second-half signal is whether accessible Montevideo districts keep absorbing supply quickly. Investors should compare gross and net yield before choosing between cash flow and prestige.

Uruguay Deal Checks

For Uruguay, the practical check is whether this local signal is visible in signed contracts, bank approvals, registered transfers, lease negotiations, completed works or enforceable public rules. Buyers should compare Montevideo property, Belvedere, Piedras Blancas with title documents, service charges, financing terms, physical condition and realistic exit demand before treating the latest news as a price guarantee.

Search for Properties for Sale and Rent: Uruguay Housing Market.