Aguada real estate data — Índice INGAR

Aguada: USD 2,747/m² median asking price for apartments in September 2026, estimated gross rental yield 6.2%.

Last updated: October 1, 2026.

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

An apartment in Aguada costs a median of USD 2,747 per m² in September 2026, -0.8% versus the previous month.

In September 2026, Aguada ranks #25 of 48 published neighborhoods by price per m² in apartments (#1 = most expensive). The median asking price is USD 150,448 for a typical surface of 54 m². Versus the previous month the price per m² moved -0.8%; since the series began (March 2026) it accumulates +8.6%. Published supply in the neighborhood is high relative to the rest of the city; this does not measure completed sales. 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.

Apartments — September 2026

Median USD/m² (USD/m²)
USD 2,747
P25–P75 (USD/m²)
2,209 – 3,077
Median price (USD)
USD 150,448
Median surface
54 m²
MoM change
-0.8%
Change since series start
+8.6%
Estimated gross yield
6.2% estimated
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 6.2% gross per year in September 2026. Gross yield over asking prices: it does not deduct vacancy, management, maintenance or taxes, so net return depends on each individual deal.

Standard reference scenario: what is deducted and how much →

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Monthly series — Apartments

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 2,5292,0823,038—5.9%High
Apr 2026USD 2,6172,1683,062+3.5%5.7%High
May 2026USD 2,6342,1813,061+0.7%5.7%High
Jun 2026USD 2,6852,1903,073+1.9%5.7%High
Jul 2026USD 2,7282,2003,104+1.6%5.7%High
Aug 2026USD 2,7682,2243,121+1.5%6.5%High
Sep 2026USD 2,7472,2093,077-0.8%6.2%High

* Gross yield = annual rent ÷ asking price. It does not deduct vacancy, management, maintenance, taxes or acquisition costs. These 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 159,755 in September 2026 (USD 1,253/m², typical surface 134 m²), +0.6% versus the previous month.

In September 2026, Aguada ranks #25 of 51 published neighborhoods by price per m² in houses (#1 = most expensive). Versus the previous month the price per m² moved +0.6%; since the series began (March 2026) it accumulates +6.6%. Published supply in the neighborhood is high relative to the rest of the city; this does not measure completed sales. 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.

Houses — September 2026

Median USD/m² (USD/m²)
USD 1,253
P25–P75 (USD/m²)
884 – 1,795
Median price (USD)
USD 159,755
Median surface
134 m²
MoM change
+0.6%
Change since series start
+6.6%
Estimated capital appreciation (INE + DGI)
+3.5%
Supply
High

Monthly series — Houses

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 1,1769251,557—10.0%Medium
Apr 2026USD 1,1839231,618+0.6%8.9%Medium
May 2026USD 1,2079191,574+2.0%9.0%Medium
Jun 2026USD 1,2299231,616+1.8%8.9%Medium
Jul 2026USD 1,2369061,705+0.6%7.9%High
Aug 2026USD 1,2468861,761+0.8%8.8%High
Sep 2026USD 1,2538841,795+0.6%—High

* Gross yield = annual rent ÷ asking price. It does not deduct vacancy, management, maintenance, taxes or acquisition costs. These 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 September 2026, +5.7% versus the previous month.

In September 2026, Aguada ranks #12 of 15 published neighborhoods by price per m² in land (#1 = most expensive). The median asking price is USD 380,000 for a typical surface of 476 m². Versus the previous month the price per m² moved +5.7%; since the series began (March 2026) it accumulates +11.7%. Published supply in the neighborhood is medium relative to the rest of the city; this does not measure completed sales. 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.

Land — September 2026

Median USD/m² (USD/m²)
USD 870
P25–P75 (USD/m²)
693 – 1,032
Median price (USD)
USD 380,000
Median surface
476 m²
MoM change
+5.7%
Change since series start
+11.7%
Estimated capital appreciation (INE + DGI)
+3.5%
Supply
Medium

Monthly series — Land

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 7796551,090——High
Apr 2026USD 7796511,0740.0%—High
May 2026USD 8236571,080+5.7%—High
Jun 2026USD 8236741,0540.0%—High
Jul 2026USD 8256961,033+0.2%—High
Aug 2026USD 8236571,032-0.2%—High
Sep 2026USD 8706931,032+5.7%—Medium

* Gross yield = annual rent ÷ asking price. It does not deduct vacancy, management, maintenance, taxes or acquisition costs. These 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 23,393 (USD 582) in July 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 +7.7% in pesos (+7.8% in dollars). The average comes from 874 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)
Jul 2025$ 21,725USD 540463
Aug 2025$ 21,793USD 544459
Sep 2025$ 22,515USD 563914
Oct 2025$ 22,480USD 563887
Nov 2025$ 22,523USD 567892
Dec 2025$ 22,713USD 580910
Jan 2026$ 22,882USD 595904
Feb 2026$ 22,979USD 596885
Mar 2026$ 23,102USD 574850
Apr 2026$ 23,143USD 578805
May 2026$ 23,365USD 584842
Jun 2026$ 23,429USD 582897
Jul 2026$ 23,393USD 582874

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, 1,649 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)41,649

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