Aires Puros real estate data — Índice INGAR

Aires Puros: USD 1,308/m² median asking price for apartments in July 2026, estimated gross rental yield 11.0%.

Last updated: August 1, 2026.

How much does a square meter cost in Aires Puros, Montevideo?

An apartment in Aires Puros costs a median of USD 1,308 per m² in July 2026, +6.1% versus the previous month.

In July 2026, Aires Puros ranks #42 of 49 published neighborhoods by price per m² in apartments (#1 = most expensive). The median asking price is USD 79,900 for a typical surface of 65 m². Versus the previous month the price per m² moved +6.1%; since the series began (March 2026) it accumulates -28.5%. Supply in the neighborhood is low 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 1,308
P25–P75 (USD/m²)
1,079 – 1,742
Median price (USD)
USD 79,900
Median surface
65 m²
MoM change
+6.1%
Change since series start
-28.5%
Median rent (USD/mo)
USD 544
Estimated gross yield
11.0% estimated
Estimated net yield
7.1% estimated
Months of supply
1.6
Absorption rate
61.7%
Estimated capital appreciation (INE + DGI)
+3.5%
Supply
Low

What rental yield does an apartment in Aires Puros produce?

An apartment in Aires Puros yields an estimated 11.0% gross per year in July 2026 (7.1% estimated net), with a median rent of USD 544 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 1,8291,3722,2267.3%Low
Apr 2026USD 1,6151,1511,963-11.7%6.7%Low
May 2026USD 1,3681,0951,765-15.3%7.7%Low
Jun 2026USD 1,2241,0051,500-10.5%9.2%Low
Jul 2026USD 1,3081,0791,742+6.1%11.0%Low

* 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 Aires Puros, Montevideo?

A house in Aires Puros has a median asking price of USD 180,000 in July 2026 (USD 1,213/m², typical surface 158 m²), -1.8% versus the previous month.

In July 2026, Aires Puros ranks #25 of 55 published neighborhoods by price per m² in houses (#1 = most expensive). Versus the previous month the price per m² moved -1.8%; since the series began (March 2026) it accumulates +7.6%. Supply in the neighborhood is medium relative to the rest of the city, with 2.4 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 1,213
P25–P75 (USD/m²)
828 – 1,578
Median price (USD)
USD 180,000
Median surface
158 m²
MoM change
-1.8%
Change since series start
+7.6%
Median rent (USD/mo)
USD 777
Estimated gross yield
8.1% estimated
Estimated net yield
5.2% estimated
Months of supply
2.4
Absorption rate
42.2%
Estimated capital appreciation (INE + DGI)
+3.5%
Supply
Medium

Monthly seriesHouses

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 1,1277231,5159.8%Medium
Apr 2026USD 1,1037931,500-2.1%8.1%Medium
May 2026USD 1,1427451,517+3.5%8.4%Medium
Jun 2026USD 1,2477931,612+9.2%7.0%Medium
Jul 2026USD 1,2138281,578-1.8%8.1%Medium

* 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 Aires Puros, Montevideo?

The average rent in Aires Puros was UYU 22,555 (USD 564) 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 +4.6% in pesos (+9.0% in dollars). The average comes from 340 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$ 21,563USD 517276
Jun 2025$ 21,587USD 528270
Jul 2025$ 21,540USD 535276
Aug 2025$ 21,719USD 542281
Sep 2025$ 22,141USD 554375
Oct 2025$ 22,158USD 555361
Nov 2025$ 22,065USD 555385
Dec 2025$ 22,077USD 564379
Jan 2026$ 22,174USD 577368
Feb 2026$ 22,237USD 577360
Mar 2026$ 22,355USD 555343
Apr 2026$ 22,393USD 560337
May 2026$ 22,555USD 564340

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 Aires Puros, Montevideo?

Aires Puros had 2,953 m² of new housing approved in 2025 (3 building permits), +18% versus 2024.

Aires Puros ranks #35 of 54 Montevideo neighborhoods by approved housing m² in 2025. So far in 2026, 40 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
20212127
20222136
20232236
202422,510
202532,953
2026 (partial)140

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