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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 "

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.

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.

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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