You can buy, own and sell property in Uruguay under the same conditions as a Uruguayan national: Laws allow buying, owning and selling property on an equal basis for all citizens of Earth.

Property value depends a lot on what and where you want to buy. Leasing or renting value in Uruguay will depend on these two aspects as well.

To begin with, if you buy property you will be subjected to city or county property tax but there is no national tax, and no income tax neither at county or state-wide level. Some regions of Uruguay are much more expensive than others. To buy or rent in Punta del Este will be much more expensive than in Canelones or Montevideo.

You are going to find opportunities to buy an apartment for USD 20.000 or renting at USD 150 per month as well as buy a million-dollar apartment or renting one at USD 5.000 per month.

We are working on providing a chapter with statistics about buying and renting in some neighborhoods of Montevideo as well as Canelones. We will try to show price estimates for Punta del Este and the rest of the country.

The general rule is that the square metre is from two to three times less expensive than in a similar city in the European Union, the United States, Canada and the big cities of countries like Russia or China.