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Montevideo, Uruguay

Real Estate in Montevideo, Uruguay

By Joshua Wood, LPC

Last updated on Apr 05, 2023

Summary: Expats and retirees talk about real estate in Montevideo, Uruguay? How do you find a home in Montevideo? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Montevideo?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Montevideo involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a larger house, depending on your needs and financial situation. Next, you should research the different neighborhoods in Montevideo to find one that suits your lifestyle and preferences. Some popular areas include Pocitos, Punta Carretas, and Carrasco. Each neighborhood has its own unique character and amenities, so it's important to visit them in person if possible. Once you've identified a few potential neighborhoods, you can start looking for specific properties. There are several online platforms where you can find listings for rentals or properties for sale in Montevideo, such as Mercado Libre, Infocasas, and Gallito. These websites allow you to filter results based on your preferences, such as the number of bedrooms, price range, and location. In addition to online listings, you might also consider hiring a real estate agent. They can provide valuable local knowledge and help you navigate the process of finding and securing a place to live. When you find a property you're interested in, it's important to visit it in person before making a decision. This will give you a chance to inspect the property, check out the surrounding area, and ask any questions you might have. Finally, once you've found a place you like, you'll need to negotiate the terms of the lease or purchase agreement. This will typically involve providing some form of identification, proof of income, and possibly a security deposit. It's advisable to have a lawyer review any contracts before you sign them to ensure your interests are protected. Remember, finding a place to live in a new city can take time, so it's important to be patient and thorough in your search," explained one person living in Montevideo, Uruguay.

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What is a typical expat home or apartment like in Montevideo?

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Montevideo, Uruguay

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