Project · colinrhys.io

Uruguay Land Guide

I wanted to understand land values in Uruguay — what each region grows, what it costs, and how the soil scores work — and couldn't find it all in one place. So I built it.

Avg Price 2025

$4,178/ha

All-time record · DIEA

10-yr price growth

8.4%

Per year · in USD

Land sold in 2024

375K ha

USD 1.49B total

Foreign ownership

Unrestricted

Same rights as citizens

Source: MGAP/DIEA Anuario Estadístico 2025

Interactive

Uruguay by Department

Click any department for prices, CONEAT score, and land uses.

Loading map…

Geography: GADM v4.1 (UC Davis) · Prices: DIEA/MGAP 2025

Browse all departments as list →

2025 Data · DIEA/MGAP

Price per Hectare

Source: DIEA/MGAP — Precios de la Tierra Rural, 2025

National Average · 2002–2025

25 Years of Prices

From $386/ha (2002 trough) to $4,178/ha (2025 record). Source: DIEA official series.

Source: DIEA/MGAP — Serie histórica 2002–2025

Soil Productivity

The CONEAT Index

CONEAT stands for Comisión Nacional de Estudio Agronómico de la Tierra — the national commission established in 1976 to map every hectare of Uruguayan soil. The result is a score from 0 to 200 assigned to every parcel in the country, where 100 is the national average.

The score measures a parcel's productive capacity relative to a standardized cattle-equivalent benchmark. A score of 150 means that soil is 50% more productive than the national average for that intended use — it can support more animals, grow higher yields, or sustain more intensive crops.

Why it matters if you're buying: CONEAT scores are legally required on every land sale contract in Uruguay. They directly determine property taxes (IMEBA and ITP are calculated against the CONEAT-adjusted value), and they set the ceiling on what the land can realistically produce. A seller can't just describe land as "great farmland" — the score is on the title. Lenders and institutional investors use it as the primary underwriting metric. You should too.

You can look up the official CONEAT score for any parcel before making an offer through the MGAP registry. The index is parcel-level — the department average shown here is a guide, not a substitute for checking the actual title.

Look up a CONEAT score on the MGAP registry →

< 60

Low

Extensive livestock or commercial forestry only. Too sandy or rocky for crops.

60–80

Below Avg

Cattle & sheep grazing. Some forestry viable. Limited crop potential.

$3,382/ha avg

80–100

Average

Mixed cattle plus limited crop rotation. Uruguay's most common range.

100–120

Good

Row crops viable. Soy, wheat, and corn rotations possible alongside livestock.

120–160

Excellent

Premium cropland. Intensive rotations. Found primarily in Colonia and Soriano.

> 160

Best

Top-tier productive land. Most intensive crop systems. Highest prices paid.

$8,860/ha avg

Source: MGAP — Índices CONEAT · RealEstate-In-Uruguay guide

Data Sources

All prices USD. Data current as of 2025 DIEA annual report. Informational only — not financial or legal advice.