Uruguay Land Market Trends: Early 2025 Update
The Institute of Colonization has released updated land records, highlighting steady price levels. The data includes transactions up to December 26th, featuring 167 representative deals.
Key Market Insights
In 2024, land transactions in Uruguay reached a total of $1.317 million USD, covering over 270,000 hectares. This results in an average price of $4,887 USD per hectare (approximately $1,980 USD per acre).
Timberland
- Timberland transactions, which often include both land and timber value, significantly influenced average prices.
- Prices for land with established eucalyptus trees range between $4,500 and $5,000 USD per hectare, while bare timberland in the eastern regions sells for about $3,500 USD per hectare.
- Major buyers in the sector during 2024 included BTG Pactual, OJI Holding (Japan), UPM, and Montes del Plata.
- Timberland sales primarily attract larger portfolio holders, with limited participation from smaller private investors.
Cropland
- Premium cropland in Colonia and Soriano sold for $10,000 to $12,000 USD per hectare, while top-quality land in Rio Negro and San José ranged from $8,000 to $10,000 USD per hectare.
- Water availability and irrigation potential are increasingly critical factors for investors, especially international buyers.
Cattle Land
- Productivity, particularly the potential for seeding pastures and fodder crops, drives prices in this segment:
- Northern regions: Land averages $2,500 USD per hectare.
- Southern regions: Higher carrying capacities push prices up to $5,000 USD per hectare.
- This market is dominated by domestic buyers.
Global Interest in Uruguay’s Agricultural Land
Uruguay continues to attract strong interest from European and North American investors seeking agricultural properties.
- Premium Crop Land and Forestry: These sectors remain the top choices for international buyers, drawn by Uruguay’s fertile soil and established forestry opportunities.
- Productive Land with Residences: There’s a growing demand for agricultural land that includes high-quality residences, catering to those looking for both investment opportunities and a potential retreat. Properties near Montevideo, Punta del Este, and the coast command premium prices. These are seen as potential refuges in uncertain times. Unlike in the past, homes are now viewed as valuable assets rather than liabilities.
- Argentine and Brazilian buyers remain active in the market, with no significant evidence of Argentine sellers repatriating capital.
Our team has successfully assisted numerous international buyers in navigating the Uruguayan land market. If you’re considering investing in Uruguay’s agricultural sector, we’re here to help you find the perfect property.
Customized Data
For tailored insights on specific regions, activities, or CONEAT classifications, feel free to reach out to us directly.
Stay informed about Uruguay’s dynamic land market – whether you’re seeking investment opportunities or tracking market trends, our experts are here to assist!
