How to Rent a Home in Uruguay

Navigating the process of renting a home in Uruguay for the first time can feel overwhelming. Numerous questions might arise: Should I consult a lawyer? Are appliances typically included in rentals? How can I discover quality rental properties? Which neighborhoods will best suit my needs? These are just the tip of the iceberg. Dive in for answers to these pressing questions and gain insights from our members who've made Uruguay their home.

"Uruguay, with its rich culture, beautiful landscapes, and friendly locals, is an attractive destination for expats. However, finding a place to live can be a daunting task, especially if you're unfamiliar with the local real estate market. This guide aims to provide you with all the necessary information about renting an apartment in Uruguay, from finding a rental property to understanding the legalities involved.

How do you find a rental property in Uruguay?

There are several ways to find rental properties in Uruguay. Online property portals such as Mercado Libre, Gallito, and Infocasas are popular platforms where landlords and real estate agents list properties. Local newspapers also have property listings. Alternatively, you can hire a real estate agent to help you find a suitable property based on your preferences and budget.

Does Uruguay have an MLS type system?

Uruguay does not have a Multiple Listing Service (MLS) like in the United States. However, real estate agencies often share listings with each other. It's also common for properties to be listed on multiple online platforms.

Do brokers have licenses and how do I know if they are licensed?

Yes, real estate brokers in Uruguay are required to have a license. You can verify a broker's license by checking with the Ministry of Housing, Land Planning, and Environment (MVOTMA). It's important to ensure that you're dealing with a licensed broker to avoid potential scams or legal issues.

Should I buy or rent in Uruguay?

The decision to buy or rent depends on your personal circumstances and long-term plans. Renting is a flexible option and requires less upfront capital. However, if you plan to stay in Uruguay for a long time, buying a property could be a good investment. It's advisable to consult with a local real estate expert before making a decision.

Is it difficult to find rentals in Uruguay?

Finding a rental in Uruguay can be challenging, especially during the peak tourist season. However, with proper planning and the help of a real estate agent, you can find a suitable property. It's advisable to start your search well in advance of your planned move date.

What documents are required when renting an apartment in Uruguay?

When renting an apartment in Uruguay, you'll typically need to provide a copy of your passport, proof of income, and a local guarantor. Some landlords may also require a bank reference or a letter from your employer. If you're unable to provide a local guarantor, you may need to pay a larger deposit.

Do I need a lawyer when renting an apartment in Uruguay?

While it's not mandatory to have a lawyer when renting an apartment in Uruguay, it's highly recommended. A lawyer can help you understand the rental contract, ensure that all legal requirements are met, and protect your rights as a tenant. Legal fees can vary, but you should expect to pay around 1-3% of the annual rent.

How long is the typical lease for?

The typical lease term in Uruguay is one year, but it's possible to find leases for shorter or longer periods. It's important to discuss the lease term with the landlord or real estate agent before signing the contract.

Do I have to pay a deposit?

Yes, it's standard practice in Uruguay to pay a deposit when renting an apartment. The deposit is usually equivalent to one month's rent, but it can be higher if you're unable to provide a local guarantor.

What other upfront costs are there when renting?

Other upfront costs when renting an apartment in Uruguay can include the first month's rent, a real estate agent's fee (usually one month's rent), and potentially a legal fee if you hire a lawyer. Some landlords may also require a maintenance fee.

Are utilities included?

Utilities are typically not included in the rent and are the responsibility of the tenant. This includes electricity, water, gas, and internet. The cost of utilities can vary depending on usage, but they are generally affordable.

Are furnished or unfurnished rentals more popular?

Both furnished and unfurnished rentals are available in Uruguay. Furnished apartments usually include basic furniture, a refrigerator, and other kitchen appliances. Unfurnished apartments may not include any appliances. The choice between furnished and unfurnished depends on your personal preferences and budget," said one expat living in Uruguay.

Expats Talk about How they Found their Home

"We searched Punta del Este from one side to the other. We decided that we wanted to live in Punta for 6 months a year or longer and that meant a house versus an apartment since many of the apartment buildings are unoccupied 8 months of the year. We also decided that we would build a house as opposed to finding one. We wanted bigger rooms, more bathrooms and fewer bedrooms than is conventional. The difference being that we were not looking to rent the house," commented an expat living in Punta del Este.

"Looked for an area with natural beauty, reasonable taxes, and slightly off the beaten path....," said an expat in Punta Del Este.

"One of the best ways to find a place to live in Uruguay is to use online resources such as websites and classifieds. Websites such as Uruguay Real Estate, Uruguay Rentals, and Uruguay Property Listings are great resources for finding rental properties in Uruguay. Additionally, classifieds such as Craigslist Uruguay and OLX Uruguay are great for finding both rental and purchase properties. Additionally, it is also possible to find a place to live in Uruguay by networking with locals and expats in the country. Joining expat groups and forums, attending local events, and asking around can be a great way to find a place to live in Uruguay," remarked one expat who made the move to Uruguay.