La Cite Inmobiliaria was established in 1982 in Buenos Aires, Argentina. In 1993 the company opened its offices in Uruguay and is registered under no. 510 in the Register of the Uruguayan Ministry of Tourism.
18 years after having been established in Uruguay, and now the only real estate company in Uruguay to partner with Leading RE, La Cite Real Estate is now truly a synonym of quality and trust.
Quick SummaryBuying a chacra in Uruguay is becoming a major trend among USA and Canada buyers seeking land, safety, and lifestyle freedom. However, rural land investment requires careful evaluation of soil, water, zoning, and infrastructure before purchase.Key points include:Uruguay allows full foreign ownership of rural landChacras combine lifestyle living...
Quick Summary for InvestorsPunta del Este continues to rank as one of the strongest rental property markets in South America in 2025. It combines tourism driven short term rental income with long term capital appreciation potential.Key takeaways for investors:Strong seasonal rental demand from international touristsHigh ROI potential in beachfront and lifest...
Quick SummaryForeigners can obtain mortgages in Uruguay, but conditions are stricter than in North America. Most buyers from the USA and Canada still rely on cash purchases due to documentation requirements, lending limits, and bank risk assessments.Key realities include:Foreign buyers may qualify for mortgages but approval is not guaranteedLarger deposits a...
Quick SummaryContribución Inmobiliaria is Uruguay's annual municipal property tax.Foreign buyers generally follow the same property tax rules as local owners.Property taxes are determined by municipal assessments.Tax obligations vary by municipality and property type.Property taxes are only one part of the total cost of ownership.Investors should include tax...