Neighborhood guide

Buceo, Montevideo: properties, prices and neighborhood guide

Rambla Armenia and Buceo harbor form the waterfront; Rivera, Luis Alberto de Herrera and links to Avenida Italia carry transport; inland streets extend toward Malvín. On the coast, inspect wind exposure and the building envelope; on the corridors, test sound at the front and rear.

“Puerto Buceo” usually refers to the WTC and coastal area, while the approximate Buceo polygon is broader. INGAR keeps a separate page for that commercial subarea.

Available apartments in Buceo

What living in Buceo is like

The Rambla and harbor provide open public space. Near the water, inspect orientation, windows, balconies and the façade, as well as sound and traffic at the times that matter to you.

Rivera, Luis Alberto de Herrera and links to Avenida Italia carry public transport. On those corridors, test front and rear sound; inland, record street width, orientation and neighboring building height.

Which part of Buceo is right for you?

Rambla and Buceo harbor

A coastal label does not guarantee a view; floor, orientation and intervening buildings matter.

Inspect seals, metalwork, balconies and planned façade work.

Rivera and Luis Alberto de Herrera

Check traffic with windows open and closed and distinguish front from rear units.

Compare recent developments and used buildings separately.

Inland Buceo

The exact block, orientation and daily routes matter more than a simple distance to the Rambla.

For used buildings, minutes and planned works reveal costs not shown in the listing price.

Published apartment prices in Buceo

July 2026

Published price per m²
USD 3,172
Published total price
USD 170,100
Published rent
USD 761
Estimated gross yield
5.6%

These are medians of published listings, not closing prices. Rent is monthly and yield is a gross estimate, not a guaranteed return.

View series, percentiles and methodology

Before buying or renting in Buceo

  1. Confirm the location

    Keep Buceo, Puerto Buceo, Pocitos Nuevo and Malvín separate; a listing label does not replace the address.

  2. Visit at different times

    Record which rooms receive direct daylight and return at rush hour to test traffic noise with the windows open and closed.

  3. Review the building and condominium

    For a used property, request meeting minutes, reserve-fund information, common expenses and records on lifts, façades and shared systems.

  4. Compare like with like

    Match property type, size, condition, orientation, parking and the specific block. A broad area label does not make two homes equivalent.

Frequently asked questions about Buceo

In July 2026, the median among published apartments analyzed by the INGAR Index is USD 170,100 and USD 3,172 per m². These are asking prices, not closing prices or an appraisal of one unit. View data and methodology

A brief history

Municipio CH links the name Buceo to divers who recovered shipwrecked vessels off this coast in the eighteenth century.

The municipal source records that the settlement was laid out in 1872 between the cemetery and the former Chanchos stream.

Sources used