Parque Batlle: Prices and Real Estate Market — July 2026
INGAR · · Market
Sale Prices
Parque Batlle maintains an apartment market with prices that vary significantly depending on the number of bedrooms. Studio units are around USD 2,972/m², while 1-bedroom apartments reach USD 3,227/m², marking the highest price per square meter in the neighborhood's current supply.
As the number of rooms increases, the price per square meter tends to decrease. 2-bedroom apartments are listed at USD 2,885/m², while 3-bedroom units drop to USD 2,694/m². This trend is characteristic of consolidated urban areas, where larger units tend to offer a better price-to-surface ratio.
| Bedrooms | Price/m² | Total Price |
|---|---|---|
| 0 | USD 2,972/m² | USD 119,000 |
| 1 | USD 3,227/m² | USD 153,900 |
| 2 | USD 2,885/m² | USD 189,990 |
| 3 | USD 2,694/m² | USD 210,000 |
| 4 | USD 2,787/m² | USD 414,500 |
| 5 | USD 2,782/m² | USD 590,000 |
In the larger segment, 4-bedroom and 5-bedroom properties maintain similar prices per square meter: USD 2,787/m² and USD 2,782/m² respectively. This reflects stability in the market for larger properties, though with a smaller current supply. Total prices for these types reach USD 414,500 and USD 590,000, placing them in the neighborhood's premium segment.
Parque Batlle stands out as an accessible area compared to neighborhoods like Pocitos or Punta Carretas, but with prices that exceed several areas in the south and east of the city. For context, check our neighborhood price ranking.
Rentals
The rental market in Parque Batlle shows a structure of stable rents, consistent with sale values. A studio rents for USD 585 per month, while a 1-bedroom reaches USD 664. The price progression is consistent with unit type: 2-bedroom apartments are priced at USD 839, and 3-bedroom units reach USD 1,120.
| Bedrooms | Monthly Rent |
|---|---|
| 0 | USD 585 |
| 1 | USD 664 |
| 2 | USD 839 |
| 3 | USD 1,120 |
| 4 | USD 1,657 |
4-bedroom properties generate monthly rents of USD 1,657, positioning them as relevant options for investors focused on larger-scale portfolios. The neighborhood's median rent is USD 754, a value that reflects a dynamic rental market with diversified demand.
Returns
- Gross yield: 5.5%
- Estimated net yield: 4.2%
- Price-to-rent ratio: 18 years
- Median monthly rent: USD 754
The gross yield of 5.5% places Parque Batlle within the expected range for Montevideo. This indicator suggests that a real estate investment in the neighborhood would generate an annual return equivalent to that percentage of the purchase price, though it does not reflect taxes, insurance, or maintenance.
The estimated net yield of 4.2% is more realistic for those evaluating the investment from a comprehensive perspective. This means that, after deducting operating and tax expenses, the investor could expect that effective return. The price-to-rent ratio of 18 years indicates how long an investment would take to recover if the net rent were constant — a moderate parameter that suggests investment opportunity without excessive speculation.
For investors seeking a balance between returns and asset stability, Parque Batlle offers interesting profiles. Check our analysis of best neighborhoods to invest in to compare other options.
Market Dynamics
- Current supply (relative level among neighborhoods): High
- Months of stock: 2.9
Parque Batlle presents high supply in relative terms within the Montevideo market. This means there are multiple properties available for purchase, which benefits buyers and gives them negotiating power. With 2.9 months of stock, the neighborhood sits in a balanced zone: it is not a tight seller's market, but there is no excess either.
This stock level indicates that an average seller would take nearly three months to close a transaction at the current pace of purchases. It is a buyer's market in relative terms — there is room to negotiate, and listed asking prices have room for adjustment. Keep in mind that in Uruguay, transactions typically close between 5% and 10% below the list price.
The availability of current supply in Parque Batlle is favorable for those evaluating multiple options without time pressure, whether to live or invest.
Conclusion
Parque Batlle is a consolidated neighborhood, with moderate prices, solid returns, and a dynamic market. It suits:
- First-time buyers looking for access to a central area without paying Pocitos or Punta Carretas prices.
- Income investors attracted by yields around 5.5% gross and consistent rental demand.
- Growing families who value the location, nearby amenities, and availability of units in multiple sizes.
The high current supply works in favor of buyers, allowing them to select and negotiate. It is a good time to explore properties in Parque Batlle if your profile aligns with the neighborhood's fundamentals.
Frequently Asked Questions
How much does a square meter cost in Parque Batlle?
In the sale price table above you'll find the median USD per square meter by number of bedrooms, updated this month with the current supply in Parque Batlle.
Is it worth investing in Parque Batlle?
It depends on your goal: check the returns section and market dynamics above. For a tailored read, appraise a property online or reach out and we'll look at it together.
Want to invest with data, not intuition? See how to invest in Uruguay, appraise a property online, or message us on WhatsApp.
This data is part of the INGAR Index, the monthly index of the Montevideo real estate market. Check the Parque Batlle profile with the complete monthly series and the methodology.
Updated: July 2026. Source: INGAR analysis based on current real estate supply in Montevideo.