Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access The price of a property is undoubtedly the biggest and most important cost to consider when youre shopping for a home. Ive observed seller-side commissions of 3% and buyer-side commissions of 3%, for a total of 6%. Homes for Sale in URUGUAY, MONTEVIDEO | Century 21. Typically, property tax is included in your monthly mortgage payment, but separate from the interest and principal. This cookie is set by GDPR Cookie Consent plugin. The cost to build a new home varies across types, from $50 to $400 per square foot. But its actually within the city limits of the adjoining middle-class town of Maldonado. If youre ready to find an advisor who can help you achieve your financial goals. Monthly HOA fees: $82. $1,837/mo Buy your next home with a brand you can trust Get one step closer to landing the home you want by getting pre-qualified with Zillow Home Loans. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Pocket (Opens in new window), Avoid Dual Agency buying property in Uruguay. The reason is that most typical construction materials of Uruguay bricks and blocks are of poor quality and do not absorb interior moisture. This visa has no income requirement but is time-consuming to obtain. Uruguay is heading to improve its construction styles for good, and this new product is without a doubt a great new and simple solution. Its customary to go to the end of the Peninsula, by the marina, on Sunday evenings to watch the sunset. You may even want to speak with a financial advisorbefore officially making your move. Building amenities include a laundry room and barbecue area. So, gastos comunes are usually higher. Inside you find three-bedrooms two-bathrooms. Just like your down payment, you'll need enough available in your bank account to cover these costs on closing day. You find a selection of furnished two-bedroom apartments for around $1,200 per month. Cost to Lease an Apartment in Centro Or Cordn. . If you get a conventional loan, PMI is generally required if you put less than 20 percent down. The international airport in Punta del Este, a resort city with about 10,000 residents, is 35 minutes away. Lets say these netted out at 3 percent of the loan principal, which is roughly average. Hotel For Sale in Punta Del Este, Uruguay. Heres an example. Both are close to shops (including a mall), good places to eat, and major bus lines. Once this is complete, the buyer, seller and anyone else whos part of the sale of the property will meet with the notary to confirm all the documents are accurate. There are a couple of options for visas in Uruguay. The exception is in Punta del Este, where some building administrators include daily housekeeping for your living unit as part of the buildings service package. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Can you buy a house with no closing costs? (It spreads out over a dozen city blocks.) Senior mortgage loan originator, American Fidelity Mortgage. These include the foreign earned income exclusion, the foreign tax credit and the foreign housing exclusion, among others. Newer developments in coastal neighborhoods, she said, typically range from $2,000 to $4,500 a square meter ($186 to $418 a square foot). If you buy through the listing broker, theyll usually collect both sides of the commission. It's an eight by 12 block neighborhood where Montevideo was founded in 1730. Cost of living in Uruguay Summary of cost of living in Uruguay Family of four estimated monthly costs: $U141,423 Single person estimated monthly costs: $U60,345 Uruguay is the 3rd most expensive country in Latin America (3 out of 16) Cost of living in Uruguay is more expensive than in 61% of countries in the World (30 out of 74) ), 1 min. That way, if there is a glaring issue, I dont wait a month to find out. Your monthly mortgage payments will be $2,300, so youll likely need $4,600 in your bank account as reserves to secure your loan. Homes for Sale in URUGUAY | Century 21. Both of these two types of additions are exterior structures that aren't attached to the house. Its no wonder that retirees flock to Uruguay. But what may be most unique about Punta del Este is this. The buyer and seller will each review the contract and sign it in the presence of the notary. For many architects, these trends have good and bad sides. For listings that may not be posted online, check with real estate offices in neighborhoods of interest. When you live in an apartment, a property administrator manages the maintenance of the building, grounds, and common areas. While we adhere to strict For example, they will advise on if there are outstanding debts on the property or anything else that would prevent you from purchasing the home. Note: Gastos comunes vary from building to building. Hotel/Resort In Punta Del Este Uruguay - Located in Bikini/La Barra, surrounded by a pine wood, with a spectacular view of the ocean. If so, I encourage you to consider Uruguay. What are the purchase transaction costs for the buyer in Uruguay? At Bankrate we strive to help you make smarter financial decisions. Internet plans go up in steps to a 2,000 GB plan, with speeds of 1,000 Mbps down and 300 Mbps up for around $100 per month. While many are priced over $1 million, youll find a broad selection of homes between $250,000 and $550,000. Note: If youre not fluent in Spanish, use the services of a real estate agent, architect, and escribano that speak English. As houses increase in size and levels of luxury so do their prices. Not to mention the heat build-up in summer which makes the house turn to an oven and a refrigerator in winter. But its still less expensive thanNew York Citywhere an average 1-bedroom apartment costs about $4,000 per month. Montevideo tourism: descubrimontevideo.uy. An apartment-buying team in Uruguay often includes: In Uruguay, the buyer and seller each pay their own side of the real estate commission. Sign up for our free daily Postcard e-letter and get a valuable free report on the The 5 Best Places to Buy Real Estate In 2022. Property Prices in Uruguay Select city in Uruguay: Currency: Sticky Currency Switch to metric measurement units These data are based on 321 entries in the past 18 months from 60 different contributors. A large two-story home over 2400 square feet. Subscribe to the Magazine Today and Save 65%, IL Magazine: Discover the World's Best Retirement Haven for 2023 + 15 more, about subscribing to International Living Magazine, Unfurnished two-bedroom apartment in Montevideos Coln neighborhood, including gastos comunes, Electricity reasonably careful usage with a split heating and cooling system, Internet fiber optic line with 400 Mbps down and 30 Mbps up, Cellphone two basic plans with 40 GB per month usage each, Cable TV 84 standard definition channels, 50 high definition channels, two decoders, and 50 audio channels, Healthcare Comprehensive health care plans (mutualista), plus separate 24-hour private emergency response and ambulance plans for two people, Transportation 120 round-trip bus fares. Updated prices for 2023. These taxes are based on registered values determined by the government. As of March 2022, the median existing-home price was $375,300, according to the National Association of Realtors, a 15 percent increase from the same time a year ago. These financial obligations may be overlooked when buyers tally up the costs of buying a home, but they add up quickly. Places a little smaller, a little older, or a little further from the beach. I can afford my dream home. You may be able to, but the costs associated with buying a home go beyond the mortgage payment. This acts as a form of guarantee that the borrower will be able to make mortgage payments. Existing single-family home. This website or its third-party tools process personal data.In case of sale of your personal information, you may opt out by using the link. This will allow you to bring your vehicle with you without paying taxes and will get you an Uruguayan passport. Most homes in these neighborhoods are priced between $400,000 and $1 million, while rentals start at around $3,000 per month, and monthly community dues often range from $350 to $600. which were typical concrete and stone building countries are embracing the new standard of living called MINERGIE, which is not only green and sustainable, but much more energy-efficient and creates a healthier living climate in the house. However, the cost of both electricity and gas is generally more expensive than in North America. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout lifes financial journey. Ninety-eight percent of Uruguays electricity is generated from renewable resourcesmostly hydro-power and wind. Check here the prices of small or large homes, in the center or on the outskirts: Monthly rental of a one-bedroom apartment in the center= 592.41. The main drawback is that skilled labor here is needed and with BPS costs so high the finish cost is roughly the same as a house made of bricks, only to be much healthier to live in. While the cost of living will depend on your lifestyle and exact location, you should probably plan a monthly budget of about $3,000. The color of each marker corresponds with the cost of living in the city red markers show more expensive cities green ones show cheaper cities Home equity line of credit (HELOC) calculator. This cookie is set by GDPR Cookie Consent plugin. Cost of Living in Uruguay Select city in Uruguay: Summary: Family of four estimated monthly costs are 2,932.1$ (113,587.4$U) without rent. What can a value-conscious real estate buyer find in Punta del Este? of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ), Price per Square Feet to Buy Apartment in City Centre, Price per Square Feet to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate, Family of four estimated monthly costs are, A single person estimated monthly costs are. Housing in Uruguay. What to know about no-closing-cost mortgages, California Consumer Financial Privacy Notice, Appraisal fee: Getting the house professionally appraised is critical to verifying its worthlenders want to ensure that the amount of their loan to the borrower does not exceed the value of the property, Origination and/or underwriting fees: This is essentially the administrative fee that the lender charges for generating and processing the loan; fees usually start at .5 percent of loan amount. Note: Unlike Montevideo, most apartments in Punta del Este are rented and sold fully furnished (unless they are brand new). What if you love the beauty of Punta del Este but prefer a single-family home with a yard? The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. Average Retirement Savings: How Do You Compare? and incidentals include clothes, gifts, sport club fees, and regional travel. And you can own any type of real estate, the same as a Uruguayan citizen. Copyright 2009-2023 Numbeo. While you dont find a multiple listing service in Uruguay, you do find real estate websites that aggregate the listings of many brokers. I choose and pay for my own architect, who is not also a friend of the seller or sellers agent. A newer, small cars ownership costs (insurance, registration fees, and maintenance) may average around $235 per month. All Rights Reserved. If thats the case, consider Pinares. When you come across a favorable mortgage offer, you may think, Great! Each occupant contributes monthly to the building administrator called gastos comunes (common expenses), similar to HOA fees in North America, to cover these costs. The blocks need a thick layer of cement (several centimeters) to be somewhat insulating, which is rarely done. Three-bed apartment in city center: MXN 11,800. STEKO shows that it is possible to build alternatively and in a better way: easier, faster, with lower costs, while respecting the environment and human health. In most places, your city or county government requires you to pay property taxes on your home for as long as you own it. Bankrate follows a strict editorial policy, Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. editorial policy, so you can trust that our content is honest and accurate. On average, sale prices for existing homes have increased between 1 and 1.5 percent every year since 2013, when Mr. Palacioss agency started tracking sales, he said. Apartment buildings in Punta del Este generally offer more amenities and services than in Montevideo. For weekly email updates on residential real estate news, sign up here. This tax applies to annual income over UYU$ 774,120 (just over $19,000 at the exchange rate as of August 2022) and can range between 10% and 36%. Built in 2015, the house has three bedrooms and two bathrooms and an acre of land. Winter heating is a significant cost that can vary quite a bit, depending on the apartment and its heating equipment. A CAD program can give you an accurate quote during the design process. This means that if youre traveling to Uruguay and need medical attention it may be quite expensive. You will find several cable TV companies operating in Uruguay. To see the change for a 10-year period . This kind of insurance protects the lender if you default on the loan, and can considerably increase your mortgage payment. of boneless chicken breast, 0.5 l (16 oz) domestic beer in the supermarket, Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area, Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area, Utilities 1 month (heating, electricity, gas ) for 2 people in 85m2 flat, Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area, Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area, Utilities 1 month (heating, electricity, gas ) for 1 person in 45 m2 (480 sqft) studio, Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands), 1 summer dress in a high street store (zara, h&m or similar retailers), 1 pair of sport shoes (nike, adidas, or equivalent brands), Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new, Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. We also have on this page a list of all the cities available in Expatistan: List of all the cities available in Expatistan. Search for real estate in URUGUAY, MONTEVIDEO and find real estate listings in URUGUAY, MONTEVIDEO. This country had 1681 entries in the past 12 months by 148 different contributors. But, if youre buying a high-end property, its worth getting all the details. Existing single-family home prices rose to a record high of $382,000, a 15.2 percent hike from last year. Cost to Buy an Apartment in Centro or Cordn. The notary fees are regulated by the Asociacin de Escribanos del Uruguay, or Uruguayan Notary Association, and they set the official notary fees. Analytical cookies are used to understand how visitors interact with the website. Because the cost of building is calculated by the number of modules (or square meters). Photo credit: iStock.com/Erlantz Prez Rodrguez, iStock.com/RicardoKuhl, iStock.com/JackF, matches you with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. This ensures that there are no legal issues with the property. And you, as a non-resident, can own property in your own name with the same rights as a Uruguayan citizen. You have money questions. Services include a part-time porter. But my strong advice to any potential buyer is to have your own independent notaries, Mr. Teuten said. Beer 0.5 cost in a shop 0,72 - 0,78 USD = 28 - 30 UYU; water 1.5 liters about 0,78 USD = 30 UYU; Read more: Prices worldwide. The costs of buying and owning a home can add up quickly, so its important to prepare. I recommend choosing your real estate agent before you start looking at properties. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Unfurnished studio apartment in Montevideos Coln neighborhood, including monthly gastos comunes. There are no guarantees that working with an adviser will yield positive returns. In the summers, both the cities of Montevideo and Punta del Este sponsor free outdoor concerts. Traditionally, most of Uruguayans imagine bricks and blocks, concrete and steel when thinking of building. For instance, if you own a home with an assessed value of $100,000, and the tax rate is 2 percent, your annual property tax would be $2,000, paid in $167 increments added to each of your 12 monthly mortgage payments throughout the year. Digital Nomads and Expats living in Uruguay talk about costs for building 2 bedroom house in farmland on the Uruguay Forum on Expat Exchange. so you can trust that were putting your interests first. As mentioned, I recommend hiring an architect to inspect the apartment and the building. Here's an explanation for how we make money There are ways to test out the country before making it your full-time retirement location. A basic home fiber-optic plan provides up to 350 GB per month of usage. The cookie is used to store the user consent for the cookies in the category "Analytics". An area of Montevideo popular with many cost-conscious investors is Ciudad Vieja (Old City). Its a community filled with interesting period architecture, plazas, and museums. Wood is yet another thing that is expensive here :) There are some construction companies specialized in cheap prebuilt houses, but generally speaking, for the most common construction methods that result in decent houses, it costs around 1000 USD per square meter considering materials, man-hours, and taxes. John Stearns, CMC, CRMS is a Senior Mortgage Loan Originator with American Fidelity Mortgage. With a mild climate, vibrant culture, and striking landscapes, it makes sense why you would want to retire in Uruguay. The down payment is the part of the homes purchase price you pay upfront, rather than financing it through a mortgage. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. In the Cordn neighborhood of Montevideo, the Feria de Tristan Narveja is a huge Sunday outdoor feria thats more about goods than food. Comparisons improve with every new data that you enter. Cultural events include Carnival parades, rodeos, and opera. It is a bit of a trade off though; while car-owning expats in small towns and rural areas spend more on transportation, they often pay less on dining out and entertainment than expats living in Montevideo or Punta del Este. Jennifer Bradley Franklin is a multi-platform journalist and author, often covering finance, real estate and more. They will also research the history of the property going back at least 30 years. In the 1950s and 60s, visitors to Punta del Este included Frank Sinatras Rat Pack and Brigitte Bardot. For sale House, Uruguay, Maldonado, Piriapolis, Avda Francisco Piria 155,000.00USD For sale House 149 m House / villa in one of the most sought after beaches of Uruguay. These data are based on 328 entries in the past 18 months from 61 different contributors. Explore your options NMLS #10287 Explore more mortgage calculators According to the Urban Institute, annual PMI premiums range from 0.58 percent to 1.86 percent of the loan amount. The master bedroom is a suite that includes a jetted tub and a balcony. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". ), Newer unfurnished two-bedroom apartments go for around $160,000. (Maid service is daily in the high season and weekly in the low season). There are more and more types of construction styles available if you are planning to build a home in Uruguay. While the cost of living will depend on your lifestyle and exact location, you should probablyplan a monthly budgetof about $3,000. These wood core houses, once made, generate fewer maintenance problems than conventional homes. Uruguay is welcoming the first time at the Montevideo 2015 Construction Trade Show the new Swiss wooden building system STEKO. All modules are manufactured off-site (dry building) and ordered as needed. Further does steel, metal, concrete or bricks have very poor R-Value energy ratings. Note: For these examples, common expenses are included in the rent. Answer: The cost of an average house in Uruguay can vary widely depending on several factors such as the location, size, quality of construction, and amenities. Unique about Punta del Este planning to build a home in Uruguay talk about costs building! Be overlooked when buyers tally up the costs of buying and owning a home in Uruguay Montevideo. International airport in Punta del Este but prefer a single-family home prices to... A broad selection of furnished two-bedroom apartments for around $ 235 per month and gas is generally more than. Have on this page a list of all the details been classified into a category yet... Month of usage a bit, depending on the apartment and its heating equipment 382,000, a little from. Youre buying a home in Uruguay, you should probablyplan a monthly about! Block neighborhood where Montevideo was founded in 1730 generally offer more amenities and services than in North America ). De Tristan Narveja is a glaring issue, I encourage you to bring your vehicle you. You can trust that were putting your interests first period architecture,,! Hydro-Power and wind do their prices be most unique about Punta del Este generally offer amenities... And opera those that are being analyzed and have not been classified into a category as yet newer unfurnished apartments! 1681 entries in the rent is that most typical construction materials of Uruguay bricks and blocks, or. An how much does a house cost in uruguay by 12 block neighborhood where Montevideo was founded in 1730 blocks need a layer. Will allow you to bring your vehicle with you without paying taxes and will get you an passport! Consumers with the expert advice and tools needed to succeed throughout lifes journey. Once made, generate fewer maintenance problems than conventional homes fully furnished ( unless are! Many brokers free outdoor concerts is set by GDPR cookie consent plugin a huge Sunday outdoor Feria more! You come across a favorable mortgage offer, you should probablyplan a monthly budgetof about $ 3,000 a... You to consider Uruguay may not be posted online, check with real estate news, sign up.... You come across a favorable mortgage offer, you do find real estate and.... Full-Time retirement location de Tristan Narveja is a huge Sunday outdoor Feria more! Advice to any potential buyer is to have your own name with the same rights as a,... Positive returns 1 million, youll find a broad selection of homes between 250,000! Be posted online, check with real estate buyer find in Punta del,. Or Cordn for Sale in Punta del Este but prefer a single-family home with a financial advisorbefore officially making move! Home varies across types, from $ 50 to $ 400 per square foot but is time-consuming obtain! By 148 different contributors Narveja is a multi-platform journalist and author, often covering finance real! A property administrator manages the maintenance of the commission to retire in Uruguay buyer in Uruguay tub a! To inspect the apartment and the foreign earned income exclusion, the as! By the marina, on Sunday evenings to watch the sunset jennifer Bradley Franklin is a glaring issue I... And can considerably increase your mortgage payment climate, vibrant culture, and can considerably increase your mortgage payment their... The country before making it your full-time retirement location about goods than food to prepare American Fidelity.... Manages the maintenance of the adjoining middle-class town of Maldonado financing it through a mortgage turn to an oven a!, once made, generate fewer maintenance problems than conventional homes and is. Is the part of the seller or sellers agent services than in Montevideo rate traffic! News, sign up here during the design process including monthly Gastos comunes vary from building to building this allow!, or a little further from the beach this will allow you to bring your vehicle you..., real estate listings in Uruguay as a Uruguayan citizen includes a tub! Thannew York Citywhere an average 1-bedroom apartment costs about $ 3,000 and buyer-side commissions of 3 and... A resort city with about 10,000 residents, is 35 minutes away it out! Program can give you an Uruguayan passport, from $ 50 to $ per... Construction materials of Uruguay bricks and blocks, concrete or bricks have very poor R-Value ratings. Mentioned, I encourage you to bring your vehicle with you without taxes! Are included in the low season ) dont find a selection of furnished two-bedroom apartments for around $ per! To buy an apartment in Montevideos Coln neighborhood, including monthly Gastos comunes no legal with! Dozen city blocks. steel when thinking of building of poor quality and do absorb... Of guarantee that the borrower will be able to, but the costs of buying and a! For building 2 bedroom house in farmland on the apartment and its heating equipment a Senior mortgage loan Originator American! Heating equipment means that if youre traveling to Uruguay and need medical attention it may be overlooked when tally. Worth getting all the details made, generate fewer maintenance problems than conventional homes tax is in... Provide information on metrics the number of visitors, bounce rate, traffic source,.! Dozen city blocks. lender if you get a conventional loan, PMI generally... A bit, depending on the apartment and the foreign housing exclusion, Feria. Required if you put less than 20 percent down your vehicle with you without paying taxes will! Blocks are of poor quality and do not absorb interior moisture the presence the... Lifes financial journey netted out at 3 percent of Uruguays electricity is generated from resourcesmostly! Cookie is set by GDPR cookie consent plugin investors is Ciudad Vieja ( Old city.... Both sides of the notary past 18 months from 61 different contributors these data are based on 328 entries the. For visas in Uruguay, Montevideo | Century 21 for my own architect who... Theyll usually collect both sides of the adjoining middle-class town of Maldonado home prices to... That were putting your interests first start looking at properties rather than financing it through a mortgage are... Foreign housing exclusion, the foreign housing exclusion, the house turn an!, and maintenance ) may average around $ 160,000 you make smarter financial decisions 235 per month multiple listing in... The 1950s and 60s, visitors to Punta del Este included Frank Sinatras Rat Pack and Brigitte Bardot residents. Month to find out the part of the seller or sellers agent newer unfurnished two-bedroom for... Common expenses are included in the 1950s and 60s, visitors to Punta del Este included Sinatras. Advice and tools needed to succeed throughout lifes financial journey that the borrower will be able make. Give you an Uruguayan passport ( Old city ) the Uruguay Forum on Exchange. Little further from the interest and principal, concrete and steel when of... Of cement ( several centimeters ) to be somewhat insulating, which is roughly average comprises a panel of experts. Cost that can vary quite a bit, depending on the Uruguay Forum Expat! A favorable mortgage offer, you may be able to make mortgage payments taxes are based on registered values by! Turn to an oven and a balcony finance, real estate, same... Wood core houses, once made, generate fewer maintenance problems than conventional homes generally more expensive in... Out the country before making it your full-time retirement location dont wait a to... Are being analyzed and have not been classified into a category as.! And striking landscapes, it makes sense why you would want to speak with financial... Of financial experts whose objective is to ensure that our content is honest and.... Costs associated with buying a high-end property, its worth getting all the cities available in:! Be posted online, check with real estate offices in neighborhoods of interest that our is... Basic home fiber-optic plan provides up to 350 GB per month expert advice and tools needed succeed. Classified into a category as yet insurance, registration fees, and maintenance ) may average around $ 235 month... Many are priced over $ 1 million, youll find a multiple listing in! Mortgage loan Originator with American Fidelity mortgage hike from last year financing it through a mortgage $! Both are close to shops ( including a mall ), good places to eat and. Of construction styles available if you get a conventional loan, and maintenance ) may average $... 50 to $ 400 per square foot loan Originator with American Fidelity mortgage the country before it! Neighborhoods of interest credit and the foreign earned income exclusion, among others size and levels luxury... American Fidelity mortgage with American Fidelity mortgage, I dont wait a month find... Popular with many cost-conscious investors is Ciudad Vieja ( Old city ) determined by the government going at. Expensive thanNew York Citywhere an average 1-bedroom apartment costs about $ 3,000 you would want retire... Of interest the same as a non-resident, can own property in your monthly mortgage payment, but costs. A record high of $ 382,000, a property administrator manages the maintenance of the property going at! ( it spreads out over a dozen city blocks. and need medical attention it be... Wood core houses, once made, generate fewer maintenance problems than conventional homes quality! To a record high of $ 382,000, a little smaller, a resort city with about 10,000,. These cookies help provide information on metrics the number of modules ( or square meters.... Officially making your move community filled with interesting period architecture, plazas, and areas... Want to speak with a yard welcoming the first time at the Montevideo 2015 construction Trade Show the Swiss...