Bella Vista real estate data — Índice INGAR
Bella Vista: USD 3,057/m² median asking price for apartments in September 2026, estimated gross rental yield 6.0%.
Last updated: October 1, 2026.
How much does a square meter cost in Bella Vista, Montevideo?
An apartment in Bella Vista costs a median of USD 3,057 per m² in September 2026, +0.2% versus the previous month.
In September 2026, Bella Vista ranks #20 of 48 published neighborhoods by price per m² in apartments (#1 = most expensive). The median asking price is USD 155,000 for a typical surface of 50 m². Versus the previous month the price per m² moved +0.2%; since the series began (March 2026) it accumulates +16.7%. 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 +3.4% 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 3,057
- P25–P75 (USD/m²)
- 2,418 – 3,710
- Median price (USD)
- USD 155,000
- Median surface
- 50 m²
- MoM change
- +0.2%
- Change since series start
- +16.7%
- Estimated gross yield
- 6.0% estimated
- Estimated capital appreciation (INE + DGI)
- +3.4%
- Supply
- Medium
What rental yield does an apartment in Bella Vista produce?
An apartment in Bella Vista yields an estimated 6.0% 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 →
Monthly series — Apartments
| Month | Median USD/m² | P25 | P75 | MoM change | Estimated gross yield* | Supply |
|---|---|---|---|---|---|---|
| Mar 2026 | USD 2,619 | 2,174 | 3,230 | — | 5.9% | Medium |
| Apr 2026 | USD 2,915 | 2,301 | 3,618 | +11.3% | 4.8% | Medium |
| May 2026 | USD 2,962 | 2,304 | 3,647 | +1.6% | 5.0% | Medium |
| Jun 2026 | USD 3,000 | 2,300 | 3,691 | +1.3% | 5.6% | Medium |
| Jul 2026 | USD 2,981 | 2,297 | 3,648 | -0.6% | 5.5% | Medium |
| Aug 2026 | USD 3,051 | 2,337 | 3,669 | +2.4% | 6.9% | Medium |
| Sep 2026 | USD 3,057 | 2,418 | 3,710 | +0.2% | 6.0% | 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 does a house cost in Bella Vista, Montevideo?
A house in Bella Vista has a median asking price of USD 170,000 in September 2026 (USD 1,264/m², typical surface 139 m²), -3.4% versus the previous month.
In September 2026, Bella Vista ranks #24 of 51 published neighborhoods by price per m² in houses (#1 = most expensive). Versus the previous month the price per m² moved -3.4%; since the series began (March 2026) it accumulates +7.1%. Published supply in the neighborhood is low relative to the rest of the city; this does not measure completed sales. Estimated capital appreciation for the area is +3.4% 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 1,264
- P25–P75 (USD/m²)
- 1,060 – 1,523
- Median price (USD)
- USD 170,000
- Median surface
- 139 m²
- MoM change
- -3.4%
- Change since series start
- +7.1%
- Estimated capital appreciation (INE + DGI)
- +3.4%
- Supply
- Low
Monthly series — Houses
| Month | Median USD/m² | P25 | P75 | MoM change | Estimated gross yield* | Supply |
|---|---|---|---|---|---|---|
| Mar 2026 | USD 1,180 | 890 | 1,622 | — | 7.0% | Low |
| Apr 2026 | USD 1,176 | 865 | 1,620 | -0.3% | 9.5% | Low |
| May 2026 | USD 1,247 | 913 | 1,636 | +6.0% | 9.3% | Low |
| Jun 2026 | USD 1,247 | 959 | 1,597 | 0.0% | 9.8% | Low |
| Jul 2026 | USD 1,222 | 913 | 1,589 | -2.0% | 9.7% | Low |
| Aug 2026 | USD 1,308 | 976 | 1,535 | +7.0% | — | Low |
| Sep 2026 | USD 1,264 | 1,060 | 1,523 | -3.4% | — | Low |
* 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 Bella Vista, Montevideo?
The average rent in Bella Vista was UYU 22,964 (USD 571) 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 +10.2% in pesos (+10.3% in dollars). The average comes from 550 new contracts registered over the last 12 months (rolling annual average). The figure corresponds to the INE area “Capurro, Bella Vista”, which includes this neighborhood. 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)
| Month | Rent (UYU) | Rent (USD) | Contracts (12 mo) |
|---|---|---|---|
| Jul 2025 | $ 20,839 | USD 518 | 360 |
| Aug 2025 | $ 20,952 | USD 523 | 350 |
| Sep 2025 | $ 22,115 | USD 553 | 519 |
| Oct 2025 | $ 22,241 | USD 557 | 509 |
| Nov 2025 | $ 22,208 | USD 559 | 509 |
| Dec 2025 | $ 22,439 | USD 573 | 508 |
| Jan 2026 | $ 22,480 | USD 585 | 523 |
| Feb 2026 | $ 22,439 | USD 582 | 514 |
| Mar 2026 | $ 22,557 | USD 560 | 500 |
| Apr 2026 | $ 22,698 | USD 567 | 487 |
| May 2026 | $ 22,840 | USD 571 | 522 |
| Jun 2026 | $ 22,992 | USD 571 | 529 |
| Jul 2026 | $ 22,964 | USD 571 | 550 |
Source: INE (Real Estate Activity Index — Rentals, based on contracts registered with the DGI). USD conversion: Ingar, using the BCU exchange rate.
Comparable neighborhoods
- See the full INGAR Index
- Methodology (v2.0)
- Map: where Montevideo builds (permits 1997–2026)
- Download data (CSV) · JSON
- Official INE rent by neighborhood (CSV)
- Building permits by neighborhood since 1997 (CSV)
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
