Residential Prices in Malvín — July 2026
INGAR · · Market
How much does a square metre cost in Malvín?
The square metre in Malvín has a median of USD 3,369 for apartments, 36% above the Montevideo median, and the median total price is USD 200,956 across 61 square metres. It is the tenth most expensive neighbourhood in the city.
| Metric | Value |
|---|---|
| Median price per m² | USD 3,369/m² |
| Usual range (p25–p75) | USD 2,818 – 3,906/m² |
| Median total price | USD 200,956 |
| Median floor area | 61 m² |
| Monthly change | -0.4% |
| Year-to-date change | -2.3% |
| Median rent | USD 840 |
| Gross yield | 5.3% |
| Estimated net yield | 3.4% |
| Years of rent to cover the price | 19.9 |
| Months of supply | 1.6 |
| Supply level | High |
| Houses: median price per m² | USD 1,989/m² |
Malvín sits in a comfortable spot in the ranking: cheaper than Pocitos (USD 3,548/m²) and Parque Rodó (USD 3,715/m²), more expensive than Buceo (USD 3,172/m²), with units somewhat larger than Buceo's and somewhat smaller than Pocitos's.
What is the rent in Malvín and what does it yield?
The median rent is USD 840 a month and the gross yield is 5.3%, below the city median. The estimated net figure is 3.4% and it takes 19.9 years of rent to cover the purchase price.
It is a classic coastal return profile: low in current terms, sustained by stable rental demand from families and people working in the east of the city. Tenant turnover is lower than in the central corridor, which reduces re-letting costs.
How did Malvín prices move this month?
Asking prices eased 0.4% in the month and are down 2.3% for the year, in line with the general behaviour of the eastern coast. Supply is absorbed in 1.6 months, exactly the city median, with a high supply level.
It is among the coastal neighbourhoods with the calmest series: neither the monthly move nor the cumulative one strays far from the city average. For those seeking predictability, that stability is a data point in itself.
What sets Malvín apart?
Malvín is the most residential coastal neighbourhood in Montevideo. Unlike Pocitos, it has no commercial axis concentrating movement all day; unlike Buceo, it has no office hub. What it has is a grid of tree-lined streets, low houses, few-storey buildings and a beach that in summer works as the neighbourhood's social centre.
That logic attracts families above all, and it shows in the composition of demand: people buy here to live rather than to invest, and properties are held for longer. The practical consequence is that the supply reaching the market is more limited than in investor-profile neighbourhoods.
The boundary with Malvín Norte, across Avenida Italia, is one of the sharpest price jumps in the city: from USD 3,369/m² to USD 1,177/m². They are adjacent neighbourhoods with completely different markets, and that adjacency is what makes Malvín Norte one of the most cited appreciation bets in Montevideo.
Houses in Malvín cost USD 1,989/m² with a median price of USD 365,000. It is a characteristic product of the neighbourhood with demand of its own, unlike what happens on the denser stretch of coast.
Who is Malvín right for?
For families seeking coast and calm without Carrasco's price or Pocitos's density. The median USD 200,956 ticket places it in the mid range of the coast, with beach access and full services.
For investors, 5.3% gross is modest and the appeal lies in stability rather than return. If the goal is income, Buceo yields somewhat more for a lower ticket; if the goal is appreciation on a limited budget, Malvín Norte across the avenue offers an 8.9% yield at a third of the price.
Frequently asked questions
How much does a square metre cost in Malvín?
The table above shows the neighbourhood's median USD per square metre and its usual range, updated with the INGAR Index monthly close.
Is Malvín a good place to invest?
It depends on your goal: check the yield and supply dynamics above. For a read on a specific property, get an online appraisal or write to us.
Want to decide with data instead of gut feel? See how to invest in Uruguay, get an online property appraisal or message us on WhatsApp.
This data is part of the INGAR Index, the monthly index of Montevideo's real estate market. See the Malvín data sheet with the full monthly series and the methodology.
Updated with the 2026-07 close. Source: INGAR Index, the monthly index of Montevideo's real estate market.
Data from the INGAR Index — 2026-07.