Punta Gorda: Exclusive Market and Prices — July 2026
INGAR · · Market
Sale Prices
Punta Gorda maintains a strongly differentiated price structure depending on property type. In July 2026, the price per square meter ranges between USD 2,913/m² and USD 3,521/m², reflecting the consolidation of this neighborhood as an upper-middle value area in Montevideo.
| Bedrooms | Price/m² | Total Price |
|---|---|---|
| 0 | USD 3,400/m² | USD 119,500 |
| 1 | USD 3,395/m² | USD 165,000 |
| 2 | USD 2,913/m² | USD 207,600 |
| 3 | USD 3,166/m² | USD 540,000 |
| 4 | USD 3,521/m² | USD 850,000 |
Studios and efficiency units present the highest unit values (USD 3,400/m² and USD 3,395/m² respectively), which is typical of smaller units where construction costs and location carry more weight. 2-bedroom apartments are more accessible at USD 2,913/m², positioning them as the most competitive option for couples and investors looking for value for money.
As size increases, total values grow significantly: a 3-bedroom unit runs around USD 540,000, while 4-bedroom properties reach USD 850,000. These prices reflect sustained demand in a neighborhood that combines proximity to the Rambla, accessibility to services, and a currently high supply, which positions Punta Gorda in the upper-middle segment of the Montevideo market.
Rentals
The rental market in Punta Gorda is active and offers interesting returns for investors. Monthly values vary by unit type, though with a more compressed distribution than in sales.
| Bedrooms | Monthly Rent |
|---|---|
| 0 | USD 691 |
| 1 | USD 740 |
| 2 | USD 1,053 |
| 3 | USD 1,756 |
A studio rents for USD 691 per month, while an efficiency unit reaches USD 740. 2-bedroom apartments reach USD 1,053, a segment where the neighborhood shows consistent demand from tenants looking for more space without leaving the area. 3-bedroom units present the highest absolute rent at USD 1,756 per month, attractive for larger families or those who need a home office.
Rental demand in Punta Gorda is consistent, driven by workers, students, and professionals who value the connection with Pocitos, access to local commerce, and proximity to the Rambla. Turnover times tend to be low, which benefits owners looking for a property with stable occupancy.
Returns
- Gross yield: 6.1%
- Estimated net yield: 4.6%
- Price-to-rent ratio: 16 years
- Median monthly rent: USD 1,776
The gross yield of 6.1% places Punta Gorda in the upper range of returns for Montevideo, especially considering its consolidated location and sustained demand. Once maintenance costs, taxes, and management fees are deducted, the estimated net yield of 4.6% remains attractive for investors with a medium-to-long-term horizon.
The price-to-rent ratio of 16 years is reasonable: it means that if you rent out a property, the gross rental income would recover the investment in approximately 16 years. For an area with high supply like Punta Gorda, this ratio reflects a balance between purchase price and rental demand. The median monthly rent of USD 1,776 positions the neighborhood as a viable destination for those seeking regular passive income, particularly in 2- to 3-bedroom properties.
Market Dynamics
- Current supply (relative level among neighborhoods): High
- Months of stock: 3.6
Punta Gorda presents a high current supply, meaning an abundance of available properties relative to other neighborhoods in its category. With 3.6 months of stock, we are facing a buyer-friendly market: there is room to negotiate and select options without time pressure. This indicator is typical of consolidated areas where supply responds dynamically to demand.
High supply is not synonymous with weakness; on the contrary, it reflects that owners are confident about selling in Punta Gorda and that there are continuous buyers looking to enter. However, the abundance of options requires owners to maintain competitive prices and keep properties in good condition. For a buyer, it means being able to compare alternatives; for an investor, it means access to a deep market with less risk of future illiquidity.
Conclusion
Punta Gorda in July 2026 stands out as a solid option for 2 distinct profiles. For homebuyers, especially couples and Pocitos renters looking to stay in the area without paying a premium, 2-bedroom apartments (USD 207,600, USD 2,913/m²) offer a balanced price-to-space ratio. Proximity to the Rambla and to services consolidates demand.
For investors, the gross yield of 6.1% and the estimated net yield of 4.6% are attractive numbers in the Montevideo context. A 3-bedroom unit rented for USD 1,756 per month generates solid monthly income with low vacancy risk given the high supply and sustained demand. The price-to-rent ratio of 16 years is reasonable compared to premium areas.
The high current supply is a tactical advantage: there are properties to choose from, prices are negotiable, and there is less risk of running out of options. Punta Gorda remains a resilient neighborhood, with solid fundamentals and access to a dynamic rental market. Ideal for those who value the balance between location, returns, and peace of mind when buying.
Check our neighborhood price ranking to compare Punta Gorda with other areas, or explore the best neighborhoods to invest in Montevideo based on your profile.
Frequently Asked Questions
How much does a square meter cost in Punta Gorda?
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 Punta Gorda.
Is it worth investing in Punta Gorda?
It depends on your goal: check the returns section and market dynamics above. For a personalized 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 Montevideo real estate market index. Check the Punta Gorda profile with the full monthly series and the methodology.
Updated: July 2026. Source: INGAR analysis based on current real estate supply in Montevideo.