Cordón

Montevideo's value-yield district, central Cordón: UdelaR student demand, Av. 18 de Julio and the core's most affordable entry at ~5–7%

Updated May 25, 202611 min read

About Cordón

Cordón is a central, mid-priced university district of Montevideo between Centro and the coast: dense, walkable and gentrifying, anchored by the Universidad de la República faculties, the Tres Cruces terminal and the adjacent Mercado Agrícola, with the main Avenida 18 de Julio on its edge. Steady student and young-professional demand defines it. For investors, Cordón is the core's most affordable, yield-leaning entry: UdelaR demand and urban renewal support gross yields of ~5–7% (higher on compact student units). Uruguay's fully equal foreign-ownership regime keeps acquisition simple, the market is USD-priced, and residency runs via the 183-day-presence route or, for HNW buyers, the new ~US$2M real-estate threshold (raised 1 Jan 2026).

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Location

Cordón in Montevideo, Montevideo, Uruguay

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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