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The process has 4 stages: search and selection, reservation deposit (typically USD 5,000), signing of the preliminary purchase agreement (boleto de compraventa) before a notary, and the final deed (escritura) that transfers ownership. The entire process takes 30 to 60 days. Closing costs include notary fees (3-4% of the property value) and the Property Transfer Tax (ITP, 2%). At INGAR we guide you through every step, from search to closing. Read our step-by-step guide →

Prices vary by neighborhood and size. A studio in Cordón or La Blanqueada starts at USD 80,000. A 2-bedroom in Pocitos or Buceo ranges from USD 150,000 to USD 250,000. In Carrasco or Punta Carretas, a 3-bedroom can range from USD 250,000 to USD 500,000. The fastest-growing areas in 2026 are Buceo, Parque Batlle, and La Blanqueada. See the full price ranking by neighborhood →

Yes, Uruguay allows foreigners to purchase property with exactly the same rights as local citizens. No residency, visa, or special permit is required. Contracts are denominated in US dollars, it is possible to close the transaction remotely with a power of attorney (poder notarial), and there are no restrictions on property type or quantity. Uruguay also has no inheritance tax, making it especially attractive for international investors. Read the complete guide for foreign buyers →

Gross annual rental yields range from 4% to 7% depending on the area and property type. Cordón and La Blanqueada offer the best returns (6-7%) due to high university demand. Pocitos and Buceo average around 5%. Seasonal rentals in Punta del Este and José Ignacio can yield USD 8,000-15,000 per month in high season (December-March). Studios tend to have a higher percentage yield than larger units. See the full yield analysis by zone →

To put together a rental application you need: a valid ID, proof of income (pay stubs or financial statements), and a guarantee. The most common guarantee options are ANDA (a government-backed guarantee agency), BHU bank guarantee, rental insurance (Porto Seguro, Sancor, MAPFRE), or a cash deposit. Each has different costs and requirements. The standard lease is 2 years with annual adjustments tied to the CPI. Read the complete rental requirements guide →