Punta Rieles real estate data — Índice INGAR

How much does a house cost in Punta Rieles, Montevideo?

A house in Punta Rieles has a median asking price of USD 85,000 in September 2026 (USD 859/m², typical surface 130 m²), +1.4% versus the previous month.

In September 2026, Punta Rieles ranks #47 of 51 published neighborhoods by price per m² in houses (#1 = most expensive). Versus the previous month the price per m² moved +1.4%; since the series began (March 2026) it accumulates +4.6%. 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 +3.7% 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 859

P25–P75 (USD/m²)

593 – 1,043

Median price (USD)

USD 85,000

Median surface

130 m²

MoM change

+1.4%

Change since series start

+4.6%

Estimated capital appreciation (INE + DGI)

+3.7%

Supply

Low

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 is rent in Punta Rieles, Montevideo?

The average rent in Punta Rieles was UYU 17,793 (USD 443) 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 +20.5% in pesos (+20.6% in dollars). The average comes from 154 new contracts registered over the last 12 months (rolling annual average). The figure corresponds to the INE area “Punta Rieles, Bell.Italia”, 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

• Nuevo París · USD 889/m²
• Paso de la Arena · USD 851/m²
• Jardines del Hipódromo · USD 934/m²
• Manga · USD 822/m²