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 July 2026 (USD 784/m², typical surface 144 m²), 0.0% versus the previous month.

In July 2026, Punta Rieles ranks #52 of 55 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 -0.6%. Supply in the neighborhood is low relative to the rest of the city, with 2.0 months of inventory at the current sales pace. 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 — July 2026

Median USD/m² (USD/m²)

USD 784

P25–P75 (USD/m²)

494 – 1,064

Median price (USD)

USD 85,000

Median surface

144 m²

MoM change

0.0%

Change since series start

-0.6%

Median rent (USD/mo)

USD 434

Estimated gross yield

13.4% estimated

Estimated net yield

8.7% estimated

Months of supply

2.0

Absorption rate

50.0%

Estimated capital appreciation (INE + DGI)

+3.6%

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 Punta Rieles, Montevideo?

The average rent in Punta Rieles was UYU 16,273 (USD 407) 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 +12.6% in pesos (+17.4% in dollars). The average comes from 143 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

• Ciudad Vieja · USD 751/m²
• Peñarol · USD 790/m²
• Curva de Maroñas · USD 793/m²
• Cerro · USD 750/m²