Maldonado Real Estate Market Remains Competitive in 2026, Attracts Foreign Buyers

Maldonado remains one of the most competitive real estate markets in Uruguay. Foreign buyers show high participation rates in the local real estate market.

Commenting on the trend, Javier Sena, vice president of the Punta del Este-Maldonado Real Estate Chamber, said, "Maldonado has maintained consistent sales over the last three years...Between 50% and 55% of those acquiring properties in the area are still Argentinian, while between 25% and 30% are Uruguayan.”

Sena noted that the rate of Brazilian buyers is in an uptrend, rising from between 4% and 5% to between 7% and 8%.

Data released by the National Institute of Statistics (INE), shows sustained growth in real estate activity in Maldonado during 2026. Sena thinks Uruguay's political, legal, and economic stability continues to be attractive to foreign investors.

The exchange rate of the US dollar is causing concern, especially for anyone arriving to develop construction projects backed by US dollars. "Construction hasn't stopped, but it has slowed down somewhat," Sena mentioned.

Maldonado remains a top lifestyle and investment location for both Uruguayans, and foreigners.