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Land prices in Uruguay 2025

Land values ​​in Uruguay reached a new record in the first half of 2025. Access our full analysis with official data from the Ministry of Livestock, Agriculture and Fisheries (MGAP).

Land prices in Uruguay continue to be a key indicator of the agricultural sector's dynamism and a point of interest for both domestic and foreign investors. During the first half of 2025, a new historical record was reached in the average price per hectare, confirming the upward trend observed in recent years.

This article presents a detailed analysis of the most recent data published by the Directorate of Agricultural Statistics (DIEA) of the Ministry of Livestock, Agriculture and Fisheries (MGAP), allowing us to understand the variations by region, farm size and type of land use.

Land prices in Uruguay in 2024: starting point

In 2024, the average land price reached USD 3.967 per hectare, with a total area transacted of 375 hectares and 1.708 registered transactions. This figure already marked a record and reflected a sustained recovery that began after the price stabilization between 2015 and 2020.

Results for the first half of 2025

According to the official DIEA report, in the first half of 2025, 676 land purchase and sale transactions for agricultural use were carried out, representing a 9% decrease compared to the same period of the previous year.

The area transacted was 111.205 hectares (−39%), with a total transaction amount of USD 452,6 million. The average price per hectare reached USD 4.070, consolidating an increase of 4,1% compared to the second half of 2024 [MGAP DIEA – Sales First Half 2025].
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Breakdown by department

The departments with the largest areas sold were Durazno (14.095 ha), Paysandú (14.085 ha) y Treinta y Tres (11.168 ha)The highest average prices were observed in:

Colonia: USD 10.337/ha

Soriano: USD 8.696/ha

San José: USD 7.335/ha

In contrast, the lowest values ​​were recorded in:

Artigas: USD 1.910/ha

Tacuarembó: USD 2.360/ha

Differences due to property size

71% of the transactions involved properties between 10 and 100 hectares, but these only represented 16% of the total area sold. Smaller properties fetched higher prices. USD 5.180/ha for areas of 10 to 100 hectares. In contrast, transactions for areas over 2.000 hectares had an average price of USD 3.366/ha, 17% below the overall average.

Segmentation by price and land use

28% of the area was sold at values ​​between USD 3.001 and 4.000/hawhile 10% of the transactions exceeded USD 10.000/haAmong the operations larger than 1.000 ha, 36% corresponded to agricultural-livestock fields, 25% exclusively livestock fields, and another 25% to forestry units.

CONEAT Productivity Index

30% of the area sold was located in the CONEAT index range between 60 and 80, with an average value of USD 3.391/ha. Lands with an index above 160 reached USD 8.470/ha.

Outlook for the second half of 2025

Market behavior will depend on variables such as weather, commodity price trends, international interest rates, and external demand for land as a safe haven asset.

The land market in Uruguay continues to show strength, with rising prices. Land is reaffirming its status as a strategic asset in the regional and international context.

Below is a report with the latest data updates provided by the ministry.

FAQ

What is the average price of land in Uruguay in 2025?

During the first half of 2025, the average price was USD 4.070 per hectare, the highest recorded in the historical series of the MGAP.

Why is there such a price difference between apartments?

Factors such as soil quality, infrastructure, geographical location and productive potential influence the price. Colonia y SorianoFor example, they own lands of high agricultural value.

Is it worth investing in land in Uruguay?

Yes, especially for those seeking stability and a safe haven for their investment. The price has risen steadily since 2020, and land continues to be considered a secure asset.

Where can I access the official data?

The full report can be found on the official MGAP website:DIEA Report – First Half 2025