Sayago real estate data — Índice INGAR

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

An apartment in Sayago costs a median of USD 1,369 per m² in July 2026, +16.2% versus the previous month.

In July 2026, Sayago ranks #41 of 49 published neighborhoods by price per m² in apartments (#1 = most expensive). The median asking price is USD 77,000 for a typical surface of 57 m². Versus the previous month the price per m² moved +16.2%; since the series began (March 2026) it accumulates -8.7%. Supply in the neighborhood is low relative to the rest of the city, with 1.2 months of inventory at the current sales pace. Estimated capital appreciation for the area is +3.3% 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 1,369

P25–P75 (USD/m²)

1,000 – 1,834

Median price (USD)

USD 77,000

Median surface

57 m²

MoM change

+16.2%

Change since series start

-8.7%

Median rent (USD/mo)

USD 460

Estimated gross yield

6.5% estimated

Estimated net yield

4.2% estimated

Months of supply

1.2

Absorption rate

85.0%

Estimated capital appreciation (INE + DGI)

+3.3%

Supply

Low

What rental yield does an apartment in Sayago produce?

An apartment in Sayago yields an estimated 6.5% gross per year in July 2026 (4.2% estimated net), with a median rent of USD 460 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 Sayago, Montevideo?

A house in Sayago has a median asking price of USD 143,500 in July 2026 (USD 975/m², typical surface 160 m²), -7.8% versus the previous month.

In July 2026, Sayago ranks #37 of 55 published neighborhoods by price per m² in houses (#1 = most expensive). Versus the previous month the price per m² moved -7.8%; since the series began (March 2026) it accumulates -11.7%. Supply in the neighborhood is high relative to the rest of the city, with 2.3 months of inventory at the current sales pace. Estimated capital appreciation for the area is +3.3% 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 975

P25–P75 (USD/m²)

587 – 1,447

Median price (USD)

USD 143,500

Median surface

160 m²

MoM change

-7.8%

Change since series start

-11.7%

Median rent (USD/mo)

USD 748

Estimated gross yield

9.9% estimated

Estimated net yield

6.4% estimated

Months of supply

2.3

Absorption rate

43.6%

Estimated capital appreciation (INE + DGI)

+3.3%

Supply

High

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 Sayago, Montevideo?

The average rent in Sayago was UYU 21,828 (USD 546) 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 +11.4% in pesos (+16.1% in dollars). The average comes from 291 new contracts registered over the last 12 months (rolling annual average). 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.

How much new housing is being built in Sayago, Montevideo?

Sayago had 282 m² of new housing approved in 2025 (2 building permits), -93% versus 2024.

Sayago ranks #51 of 54 Montevideo neighborhoods by approved housing m² in 2025. So far in 2026, 804 m² have been approved (partial year, ~2-month publication lag). Building permits are the leading indicator of future supply: what is approved today reaches the market as new housing within roughly two to three years. The city series starts in 1997, allowing full construction cycles to be read.

Annual series — approved housing m²

Source: City of Montevideo (Intendencia) — Approved building permits, National Open Data Catalog. Aggregation by neighborhood: Ingar.

See the permits map →

Comparable neighborhoods

• Aires Puros · USD 1,308/m²
• Villa Española · USD 1,437/m²
• Maroñas · USD 1,259/m²
• Belvedere · USD 1,449/m²