Prado real estate data — Índice INGAR

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

An apartment in Prado costs a median of USD 2,981 per m² in September 2026, -0.2% versus the previous month.

In September 2026, Prado ranks #23 of 48 published neighborhoods by price per m² in apartments (#1 = most expensive). The median asking price is USD 160,000 for a typical surface of 55 m². Versus the previous month the price per m² moved -0.2%; since the series began (March 2026) it accumulates -0.6%. 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 +3.6% 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 2,981

P25–P75 (USD/m²)

2,530 – 3,397

Median price (USD)

USD 160,000

Median surface

55 m²

MoM change

-0.2%

Change since series start

-0.6%

Estimated gross yield

5.8% estimated

Estimated capital appreciation (INE + DGI)

+3.6%

Supply

Medium

What rental yield does an apartment in Prado produce?

An apartment in Prado yields an estimated 5.8% 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

* 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 Prado, Montevideo?

A house in Prado has a median asking price of USD 280,000 in September 2026 (USD 1,651/m², typical surface 181 m²), 0.0% versus the previous month.

In September 2026, Prado ranks #13 of 51 published neighborhoods by price per m² in houses (#1 = most expensive). Versus the previous month the price per m² moved 0.0%; since the series began (March 2026) it accumulates -6.3%. 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 +3.6% 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 1,651

P25–P75 (USD/m²)

1,197 – 2,153

Median price (USD)

USD 280,000

Median surface

181 m²

MoM change

0.0%

Change since series start

-6.3%

Estimated gross yield

6.8% estimated

Estimated capital appreciation (INE + DGI)

+3.6%

Supply

High

Monthly series — Houses

* 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 Prado, Montevideo?

Monthly series — Land

* 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 Prado, Montevideo?

The average rent in Prado was UYU 25,128 (USD 625) 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 +7.9% in pesos (+8.0% in dollars). The average comes from 454 new contracts registered over the last 12 months (rolling annual average). The figure corresponds to the INE area “Prado, Nueva Savona”, 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)

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

Comparable neighborhoods

• Larrañaga · USD 2,935/m²
• Tres Cruces · USD 3,010/m²
• Aguada · USD 2,747/m²
• Centro · USD 3,026/m²