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RECENT NEWS

Uruguayan real estate market trends in sales and rents, with concern over falling dollar

The dynamic Uruguayan real estate market has continued to evolve in terms of property sales and rentals.
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It will be possible to enter Uruguay without PCR

From Friday 2/18/2022 the Government will stop requiring a PCR to enter Uruguay; From now on, you will be able to enter with an antigen test with a result that is obtained in minutes. But if the traveler prefers to have a PCR, it will also continue to be accepted.
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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 "
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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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