Ciudad Vieja Real Estate Loans

Ciudad Vieja is being targeted to receive loans from the housing minstry of Montevideo.

The loans are specifically targeted for those who are considering rehabilitating Ciudad Vieja real estate. Ciudad Vieja is considered a historic neighborhood in Montevideo, Uruguay.

The loans will top out at 78k Uruguayan pesos and can be financed for up to 5 years of monthly payments.

In order to be eligible to apply for these loans, the borrower must have an income between 30 and 100 adjustable units and have paid all of their city taxes to the Montevideo municipality.

The program was initially started in barrio sur and has been moving to neighborhoods seen to be in need of investment.

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