Property Management for Rent

Rent and Sale in Montevideo and Punta del Este.


Proyectos Destacados



"I want to express, through these lines, my deepest gratitude for the seriousness and effectiveness received in the 10 years in which I have been working with your real estate agency, both in the purchase and / or sale of apartments as well as in the administration and rental of the Same, in the city of Montevideo.
It is really a real pleasure to have the service of your
Real estate, with which I will continue to work from where I reside, because they have shown me that I have a trustworthy company
With all affection "
Madrid June 8, 2021

(Docente en Suecia)

"Estamos muy conformes con los servicios de Plaza Mayor ya que la comunicación siempre es rápida y efectiva. Algo importante principalmente para la gente que vive en el exterior.

Es una inmobiliaria que realmente podemos recomendar! "

(Real Estate Broker and Investor in Denver, Colorado USA)

"I want to thank Joseph Altman and the team at Plaza Mayor. I started looking for an investment property in Montevideo almost 10 years ago.

He helped us find a great opportunity while the building was still being built. This allowed us to make some changes to the floor plan. He helped us through the one year construction process.

He has also managed the property since keeping it rented and managing the day-to-day responsibilities since I am usually a continent away. If you are looking for a personal or investment property in Montevideo, I highly recommend that you speak with Joseph and Plaza Mayor."

(Profesor de Español, la Universidad de Carnegie Mellon en Qatar)

“Somos clientes de Plaza Mayor desde hace muchos años ahora y nos dejan siempre asombrosos con el nivel de profesionalismo y dedicación. Estamos felices de poder continuar esta asociación.

Gracias nuevamente por todo."

(Lic. en Administración de Empresas / Magister en Finanzas de Empresas en Buenos Aires, Argentina)

"En primer lugar, mencionar que hace alrededor de 10 años ininterrumpidos, que recibo distintos servicios de Plaza Mayor.

Durante el período mencionado, contraté la administración de apartamentos rentados, y en todos los casos los servicios recibidos merecen ser destacados por su profesionalidad y el enfoque claro y concreto para atender en todo momento las inquietudes del cliente.

En tal orden de ideas, es imperativo, resaltar también la integridad con que todo el personal de la firma realiza sus actividades, estableciendo lazos de confianza nunca defraudada."


Uruguay would open borders in September!

The possibility of vaccinating tourists who stay for 21 days is also under discussion.
The Tourism Minister is planning the opening of borders for tourists and commented: “The first option, because we have to continue taking care of the health status that we have achieved, which has implied an enormous effort and sacrifice of all Uruguayans, would be to accept vaccinated foreigners ... Surely, in 45-60 days we will not have more Uruguayans to vaccinate , and we are going to have stock of vaccines "
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Downward adjustment of the rental price

In the first months of 2021 there was a 41% growth in real estate operations, compared to 2020.
In June there was an increase in the supply of properties of 1.73% compared to May. The sale value of properties in Montevideo is decreasing slightly, comparing June 2021 with September 2020, there is a drop of 3.59% in the supply in dollars.
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The dollar is falling

After a stability in May, and recently started June we see a consecutive week down, the dollar fell 0.7% and moderated its annual appreciation to 2.9%.
Today's price is: $ 42.30 for the purchase, $ 44.70 for the sale, making an interbank average of $ 43,526, trading $ 1 less than in March.
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Argentines exchange houses in Punta del Este for apartments in Montevideo

As a result of the pandemic, Punta del este is not receiving tourists and maintaining a vacation home is proving too expensive.
According to Ricardo Mataloni, commercial director of the developer Vitrum Capital, some Argentines are selling their properties in different areas of Buenos Aires and looking to put their houses for sale in Punta del Este with the intention of buying properties in Montevideo for permanent housing or to generate income. . Many want to give their property as a form of payment.
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