Monday, July 13th 2026 - 08:00 UTC
Among the reasons operators say keep Uruguay attractive is legal certainty in the rental market
The flow of Argentine investors into Uruguay's property market, which intensified after the pandemic and during the years of greatest economic uncertainty in Argentina, is showing signs of easing. Sector operators attribute the shift to Argentina's economic recovery and to the narrowing price gap between the two countries.
The assessment matches official indicators. The Real Estate Activity Index compiled by Uruguay's National Statistics Institute has recorded a slight slowdown since mid-2025, without sharp falls, in a market coming off high volumes. Across the River Plate, Argentina's residential market consolidated its recovery during 2025, with a rebound in prices, an increase in property deeds and the return of mortgage lending.
“With Argentina partially recovering, that wave of Argentines coming to invest here slowed down. They still come; the reason is still the economic and political stability we have,” said the president of the Uruguayan Real Estate Chamber, Matías Medina. He noted that institutional stability alone is not enough and that investors carefully weigh expected returns.
