Centro

The walkable downtown a block from the beach, with shops, services and the best value entry prices.

Updated June 17, 202611 min read

About Centro

Centro is Piriápolis' compact downtown just behind the rambla, where the main commercial streets carry the supermarkets, banks, bus terminal, shops and everyday services that keep the town running year-round. A block or two from the sand, it offers beach proximity without the seafront premium, the practical heart for residents and long-term tenants. Apartments here are the town's value entry, trading around US$1,800-2,100/m2, comfortably below the rambla. That lower buy-in plus year-round local tenancy delivers steadier cash flow than tourist-only zones, with gross yields of 6-7%. Prices appreciate roughly 6-8% in line with the wider town. With unrestricted foreign freehold ownership and a low ticket size, Centro suits investors prioritizing affordability and dependable rental income over front-row views.

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Location

Centro in Piriápolis, Maldonado Department, 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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