Investing in real estate in Uruguay: Where to buy plus prices by area

There is currently a boom in inquiries and prices are expected to skyrocket in Montevideo as a result of a surge in property purchases by interested Argentines.

RIO DE JANEIRO, BRAZIL - Uruguay plans to reopen its borders in September to fully vaccinated foreigners. The news was not only celebrated by the tourism sector, but also by the main developers and real estate companies in the country.

The announcement has triggered a boom in inquiries and a surge in transactions is expected in the coming months, led mainly by Argentines.

"We have started to notice inquiries. In 2 days we had more calls than in the past 5 weeks. We have 40 bookings from Argentines who will come to sign contracts, these clients will probably decide to buy . . .

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