Puerto Buceo real estate data — Índice INGAR

How much does a square meter cost in Puerto Buceo, Montevideo?

An apartment in Puerto Buceo costs a median of USD 3,932 per m² in July 2026, +0.2% versus the previous month.

In July 2026, Puerto Buceo ranks #2 of 49 published neighborhoods by price per m² in apartments (#1 = most expensive). The median asking price is USD 350,000 for a typical surface of 90 m². Versus the previous month the price per m² moved +0.2%; since the series began (March 2026) it accumulates +0.6%. Supply in the neighborhood is medium relative to the rest of the city, with 1.9 months of inventory at the current sales pace. Estimated capital appreciation for the area is +3.8% 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 — July 2026

Median USD/m² (USD/m²)

USD 3,932

P25–P75 (USD/m²)

3,280 – 4,781

Median price (USD)

USD 350,000

Median surface

90 m²

MoM change

+0.2%

Change since series start

+0.6%

Median rent (USD/mo)

USD 1,626

Estimated gross yield

5.5% estimated

Estimated net yield

3.6% estimated

Months of supply

1.9

Absorption rate

52.0%

Estimated capital appreciation (INE + DGI)

+3.8%

Supply

Medium

What rental yield does an apartment in Puerto Buceo produce?

An apartment in Puerto Buceo yields an estimated 5.5% gross per year in July 2026 (3.6% estimated net), with a median rent of USD 1,626 per month. These are estimates over asking prices, not guaranteed returns.

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

Monthly series — Apartments

* 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 Puerto Buceo, Montevideo?

A house in Puerto Buceo has a median asking price of USD 650,000 in July 2026 (USD 3,189/m², typical surface 246 m²), -0.7% versus the previous month.

In July 2026, Puerto Buceo ranks #1 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 +7.7%. Supply in the neighborhood is low 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 +3.8% 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 — July 2026

Median USD/m² (USD/m²)

USD 3,189

P25–P75 (USD/m²)

2,230 – 3,556

Median price (USD)

USD 650,000

Median surface

246 m²

MoM change

-0.7%

Change since series start

+7.7%

Median rent (USD/mo)

USD 1,960

Estimated gross yield

7.0% estimated

Estimated net yield

4.6% estimated

Months of supply

3.6

Absorption rate

27.4%

Estimated capital appreciation (INE + DGI)

+3.8%

Supply

Low

Monthly series — Houses

* 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 Puerto Buceo, Montevideo?

The average rent in Puerto Buceo was UYU 27,457 (USD 686) 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 +13.1% in pesos (+17.9% in dollars). The average comes from 1,186 new contracts registered over the last 12 months (rolling annual average). The figure corresponds to the INE area “Buceo”, 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

• Golf · USD 4,070/m²
• Villa Biarritz · USD 3,895/m²
• Carrasco Norte · USD 3,819/m²
• Punta Carretas · USD 3,802/m²