Neighborhood guide

Punta Carretas neighborhood: location and apartments for sale

Punta Carretas occupies the coastal point between Parque Rodó and Pocitos. This page relies on stable physical references—the coast, the lighthouse, the Golf Club and the main corridors—and keeps market data separate from the description of the place.

Rambla Mahatma Gandhi defines the waterfront; Parque Villa Biarritz and 21 de Septiembre concentrate green space and retail activity; inland streets contain buildings from different periods. At a viewing, check coastal wind, weekly park activity and avenue noise in those three sectors, respectively.

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Available apartments in Punta Carretas

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What living in Punta Carretas is like

Rambla Mahatma Gandhi connects the waterfront with Pocitos and Parque Rodó. Near the water, review orientation, windows, balconies, façade and sound with windows open.

21 de Septiembre concentrates shops and movement, while inland streets change scale quickly. Parking, daylight and sound must be checked on the block.

Parque Villa Biarritz is a public-space and market reference. A park-facing home, a retail-corridor unit and a waterfront apartment should not automatically share comparables.

Which part of Punta Carretas is right for you?

Rambla and Punta Brava

Views depend on floor, orientation and intervening construction.

Inspect seals, metalwork, balconies and planned exterior work.

Villa Biarritz and 21 de Septiembre

Activity varies by day and time; visit during business hours and at a quiet time.

Front or rear position, windows and common expenses may matter more than a short distance difference.

Inland Punta Carretas

Buildings from different periods require review of systems, lifts and condominium works.

Confirm edges with Pocitos, Trouville and Parque Rodó by address.

Published apartment prices in Punta Carretas

July 2026

Published price per m²
USD 3,802
Published total price
USD 266,700
Published rent
USD 1,117
Estimated gross yield
5.4%

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 Punta Carretas

  1. Locate the address

    Check the boundary with Villa Biarritz and Parque Rodó before comparing a property with data or listings from another area.

  2. Inspect exposure and windows

    On the coastal front, review seals, façades, frames and the building's documented maintenance.

  3. Read expenses and minutes

    Request recent common-expense statements, reserve-fund information, approved works and the co-ownership rules before committing.

  4. Visit at more than one time

    Check circulation, light and sound at the unit itself; a neighborhood-wide reference cannot describe one specific street.

Frequently asked questions about Punta Carretas

In July 2026, the median among published apartments analyzed by the INGAR Index is USD 266,700 and USD 3,802 per m². These are asking prices, not closing prices or an appraisal of one unit. View data and methodology

A brief history

Municipio B records the historical names Punta Brava and Punta Carretas and associates the latter with the carts used to reach the lighthouse.

The Punta Carretas Penitentiary opened in 1915. After its closure, the complex was repurposed as Punta Carretas Shopping, preserving part of the former structure.

Sources used