Montevideo Real Estate Prices Rise After Two Years Of Declines

[soliloquy id=”20903″] A new survey of average real estate prices in Montevideo reveals prices rose 4.6% in the second half of 2014 marking a much anticipated reversal of two straight years of average price declines. According to the data, compiled by El Observador from a database of 20,000 condominiums throughout the capital city, the average price of a 700 square …

Montevideo Real Estate Prices Post Double-Digit Declines

[soliloquy id=”20087″] Montevideo real estate prices peaked in the second half of 2013 and have fallen significantly in non-coastal neighborhoods this year, according to a new survey of average prices. Since the 2013 peak, the average price of residential real estate in Montevideo has fallen 11% to US$1,542 per square meter (US$143 per square foot) according to the Valora analysis …