Properties in Palermo

40 properties available in Palermo, for sale and rent.

Palermo is a neighborhood with a strong sense of identity, located between Centro, Cordón, and the Rambla Sur: the birthplace of candombe, with old houses, new buildings, and the waterfront just a few blocks away. Get to know the neighborhood ↓

The market in Palermo (40 results)

Price per m² (median): U$S 4,100
Sale price range: U$S 108,190 – 289,900
Rent (median): $U 29,200
Bedrooms: Studio to 3

Calculated from our own catalog.

Other areas

Price per m² in Palermo

Median sale price per square meter of the listings we publish in Palermo, by number of bedrooms.

Bedrooms	Median per m²	Middle half between	Buildings
Studio	U$S 4,100 U$S 3,869 – U$S 4,826	U$S 3,869 – U$S 4,826	5
1	U$S 4,273 U$S 3,754 – U$S 4,296	U$S 3,754 – U$S 4,296	5

Calculated from our published catalog. Each building counts once, using the median of its units; for new developments we use the average unit price, not the "from" price. Only rows with at least 5 buildings are shown.

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For rent

Apartment

Winks Magallanes Building - Studio Apartment · Unit 607

Palermo, Montevideo

Studio

30 m²

$U 24,400

+ common expenses $U 3,800

For rent

Apartment

Winks Magallanes Building - Studio Apartment · Unit 707

Palermo, Montevideo

Studio

30 m²

$U 24,700

+ common expenses $U 3,800

For rent

Apartment

Winks Magallanes Building - Studio Apartment · Unit 307

Palermo, Montevideo

Studio

30 m²

$U 24,500

+ common expenses $U 3,800

For rent

Apartment

Winks Magallanes Building - Studio Apartment · Unit 807

Palermo, Montevideo

Studio

30 m²

$U 25,000

+ common expenses $U 3,800

For rent

Apartment

Winks Magallanes Building - Studio Apartment · Unit 407

Palermo, Montevideo

Studio

30 m²

$U 23,800

+ common expenses $U 3,800

For rent

Apartment

Winks Gaboto Building - Studio Apartment · Unit 1003

Palermo, Montevideo

Studio

28.4 m²

$U 24,600

+ common expenses $U 3,800

Ventura Soho Building - 1 bedroom · Unit 206

For rent

Apartment

Ventura Soho Building - 1 bedroom · Unit 206

Palermo, Montevideo

38 m²

$U 30,000

+ common expenses $U 5,000

For rent

Apartment

Winks Gaboto Building - Studio Apartment · Unit 806

Palermo, Montevideo

Studio

31.5 m²

$U 24,200

+ common expenses $U 3,600

For rent

Apartment

Ventura Soho Building - Studio Apartment · Unit 308

Palermo, Montevideo

Studio

30 m²

$U 24,000

+ common expenses $U 4,000

Winks Gaboto Building - 1 bedroom · Unit 510

For rent

Apartment

Winks Gaboto Building - 1 bedroom · Unit 510

Palermo, Montevideo

41.8 m²

$U 29,000

+ common expenses $U 4,800

Winks Gaboto Building - 1 bedroom · Unit 903

For rent

Apartment

Winks Gaboto Building - 1 bedroom · Unit 903

Palermo, Montevideo

36.6 m²

$U 30,200

+ common expenses $U 4,600

Winks Magallanes Building - 2 bedrooms · Unit 506

For rent

Apartment

Winks Magallanes Building - 2 bedrooms · Unit 506

Palermo, Montevideo

58 m²

$U 40,100

+ common expenses $U 6,000

Living in Palermo

A bit of history

Along with Barrio Sur, Palermo is one of the birthplaces of candombe: historic dance troupes were formed in its streets, and every year the Llamadas pass through the area.

Its early 20th-century houses now stand alongside new housing developments that have revitalized the neighborhood.

Why choose Palermo

Cultural identity, with a tradition of candombe and murga.
The Rambla is just a few blocks away.
Close to downtown, Cordón, and Parque Rodó.
Many new development projects, several of which offer subsidized housing.

Neighborhood features

A mix of old houses, townhouses, and new buildings. It has local shops, bars, cultural centers, and easy access to downtown amenities.

The neighborhood’s revitalization makes it an attractive place to invest in small units.

Getting around

It's very close to the routes that run along 18 de Julio and the Rambla. You can walk or bike to the city center and the Old City.

Ideal for

Young people and professionals who want to live near downtown and the promenade.
Those who appreciate the neighborhood's cultural life.
Investors.