Tourists and property investors should know the rules and regulations regarding property offers in Uruguay, be it for any kind of rental or a property for sale. Please be aware that it is compulsory for estate agents/realtors in coastal regions to have a license from the Ministry of Tourism and Sport. A registered realtor complies with all regulations, tax payments and other legal requirements. Nevertheless, a high level of informal operators offer their trade on social media portals, forums and by other online means, often charging the same commission that only licensed realtors are entitled to, but without due compliances. Furthermore, if something went wrong with your rental or property purchase, you wouldn’t have any legal back up nor could you claim any compensation. So, it’s in your own interest to deal only with established estate agents in Uruguay. Your best bet is to ask the broker of your choice for their license number or check the property agents registry in the ministry of tourism: http://www.mintur.gub.uy/
