Montevideo Real Estate Prices Post Double-Digit Declines

Patrick Archer average prices, real estate, uruguay

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 which lumps …