Aguada real estate data — Índice INGAR

Aguada: USD 2,536/m² median asking price for apartments in July 2026, estimated gross rental yield 5.7%.

Last updated: August 1, 2026.

How much does a square meter cost in Aguada, Montevideo?

An apartment in Aguada costs a median of USD 2,536 per m² in July 2026, +0.5% versus the previous month.

In July 2026, Aguada ranks #24 of 49 published neighborhoods by price per m² in apartments (#1 = most expensive). The median asking price is USD 150,000 for a typical surface of 58 m². Versus the previous month the price per m² moved +0.5%; since the series began (March 2026) it accumulates +4.7%. Supply in the neighborhood is high relative to the rest of the city, with 1.6 months of inventory at the current sales pace. Estimated capital appreciation for the area is +3.5% per year; unlike the other figures in this section, this one is calculated from official INE and DGI series, not from our own survey. Figures reflect asking prices from the Índice INGAR, not closed transactions.

ApartmentsJuly 2026

Median USD/m² (USD/m²)
USD 2,536
P25–P75 (USD/m²)
2,077 – 2,949
Median price (USD)
USD 150,000
Median surface
58 m²
MoM change
+0.5%
Change since series start
+4.7%
Median rent (USD/mo)
USD 648
Estimated gross yield
5.7% estimated
Estimated net yield
3.7% estimated
Months of supply
1.6
Absorption rate
63.3%
Estimated capital appreciation (INE + DGI)
+3.5%
Supply
High

What rental yield does an apartment in Aguada produce?

An apartment in Aguada yields an estimated 5.7% gross per year in July 2026 (3.7% estimated net), with a median rent of USD 648 per month. These are estimates over asking prices, not guaranteed returns.

How the net yield is estimated (total deduction of 35.16%)

Monthly seriesApartments

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 2,4371,9622,9065.9%High
Apr 2026USD 2,5052,0343,000+2.8%5.7%High
May 2026USD 2,5242,0462,983+0.8%5.7%High
Jun 2026USD 2,5172,0432,954-0.3%5.7%High
Jul 2026USD 2,5362,0772,949+0.5%5.7%High

* Yields are estimates based on asking prices, not promised returns. See methodology. The series starts in March 2026; cumulative change is measured from that start.

Source: Índice INGAR — our own market survey (asking prices).

How much does a house cost in Aguada, Montevideo?

A house in Aguada has a median asking price of USD 159,000 in July 2026 (USD 1,161/m², typical surface 129 m²), +0.7% versus the previous month.

In July 2026, Aguada ranks #27 of 55 published neighborhoods by price per m² in houses (#1 = most expensive). Versus the previous month the price per m² moved +0.7%; since the series began (March 2026) it accumulates +3.1%. Supply in the neighborhood is high relative to the rest of the city, with 2.6 months of inventory at the current sales pace. Estimated capital appreciation for the area is +3.5% per year; unlike the other figures in this section, this one is calculated from official INE and DGI series, not from our own survey. Figures reflect asking prices from the Índice INGAR, not closed transactions.

HousesJuly 2026

Median USD/m² (USD/m²)
USD 1,161
P25–P75 (USD/m²)
844 – 1,512
Median price (USD)
USD 159,000
Median surface
129 m²
MoM change
+0.7%
Change since series start
+3.1%
Median rent (USD/mo)
USD 1,079
Estimated gross yield
7.9% estimated
Estimated net yield
5.1% estimated
Months of supply
2.6
Absorption rate
38.4%
Estimated capital appreciation (INE + DGI)
+3.5%
Supply
High

Monthly seriesHouses

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 1,0969061,49410.0%Medium
Apr 2026USD 1,0868901,513-0.9%8.9%Medium
May 2026USD 1,0568741,472-2.8%9.0%Medium
Jun 2026USD 1,1258771,494+6.5%8.9%Medium
Jul 2026USD 1,1618441,512+0.7%7.9%High

* Yields are estimates based on asking prices, not promised returns. See methodology. The series starts in March 2026; cumulative change is measured from that start.

Source: Índice INGAR — our own market survey (asking prices).

How much does land cost per square meter in Aguada, Montevideo?

Land in Aguada costs a median of USD 870 per m² in July 2026, +5.7% versus the previous month.

In July 2026, Aguada ranks #10 of 17 published neighborhoods by price per m² in land (#1 = most expensive). The median asking price is USD 359,500 for a typical surface of 460 m². Versus the previous month the price per m² moved +5.7%; since the series began (March 2026) it accumulates +12.7%. Supply in the neighborhood is high relative to the rest of the city, with 3.6 months of inventory at the current sales pace. Estimated capital appreciation for the area is +3.5% per year; unlike the other figures in this section, this one is calculated from official INE and DGI series, not from our own survey. Figures reflect asking prices from the Índice INGAR, not closed transactions.

LandJuly 2026

Median USD/m² (USD/m²)
USD 870
P25–P75 (USD/m²)
686 – 1,035
Median price (USD)
USD 359,500
Median surface
460 m²
MoM change
+5.7%
Change since series start
+12.7%
Months of supply
3.6
Absorption rate
27.7%
Estimated capital appreciation (INE + DGI)
+3.5%
Supply
High

Monthly seriesLand

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 7666291,080High
Apr 2026USD 7696381,074+0.4%High
May 2026USD 7786511,080+1.2%High
Jun 2026USD 8236571,040+5.8%High
Jul 2026USD 8706861,035+5.7%High

* Yields are estimates based on asking prices, not promised returns. See methodology. The series starts in March 2026; cumulative change is measured from that start.

Source: Índice INGAR — our own market survey (asking prices).

How much is rent in Aguada, Montevideo?

The average rent in Aguada was UYU 23,648 (USD 591) in May 2026, based on real contracts registered with the DGI (Uruguay's tax agency) and published by the INE (national statistics institute).

Year over year it moved +10.2% in pesos (+14.8% in dollars). The average comes from 840 new contracts registered over the last 12 months (rolling annual average). INE publishes with a lag of about three months; the figure is an average per contract, with no breakdown by property type or size.

Monthly series — Official rent (INE)

MonthRent (UYU)Rent (USD)Contracts (12 mo)
May 2025$ 21,468USD 515483
Jun 2025$ 21,530USD 527467
Jul 2025$ 21,725USD 540463
Aug 2025$ 21,793USD 544459
Sep 2025$ 22,861USD 572910
Oct 2025$ 22,785USD 571886
Nov 2025$ 22,857USD 575891
Dec 2025$ 23,069USD 589907
Jan 2026$ 23,561USD 613902
Feb 2026$ 23,207USD 602884
Mar 2026$ 23,344USD 580847
Apr 2026$ 23,395USD 585799
May 2026$ 23,648USD 591840

Source: INE (Real Estate Activity Index — Rentals, based on contracts registered with the DGI). USD conversion: Ingar, using the BCU exchange rate.

How much new housing is being built in Aguada, Montevideo?

Aguada had 8,817 m² of new housing approved in 2025 (8 building permits), +100% versus 2024.

Aguada ranks #20 of 54 Montevideo neighborhoods by approved housing m² in 2025. So far in 2026, 35 m² have been approved (partial year, ~2-month publication lag). Building permits are the leading indicator of future supply: what is approved today reaches the market as new housing within roughly two to three years. The city series starts in 1997, allowing full construction cycles to be read.

Annual series — approved housing m²

YearPermitsApproved m²
20211314,812
202268,605
2023104,451
202454,403
202588,817
2026 (partial)135

Source: City of Montevideo (Intendencia) — Approved building permits, National Open Data Catalog. Aggregation by neighborhood: Ingar.

See the permits map

Comparable neighborhoods

Prices, rents and yields: Índice INGAR, our own market survey (asking prices). Among those metrics, estimated capital appreciation is the only one built from official INE and DGI series.

Free to use with mandatory attribution: Source: Índice INGAR — ingar.com.uy/indice