It took place in the hotel Enjoy of Punta del Este the tenth edition of “Uruguay Real Estate”an event that brought together an important group of developers of the real estate at regional level. Through a fair of offers and talks about the reality of the sector, we sought to “take advantage” of the presence in the resort of high-net-worth tourists who may be interested in investments of this type.
Alejandro Bertiz, director of Ideas Uruguay and host of the event told Ambit that “for Punta del Este, the first half of January is essential, absolutely all the people with purchasing power who are interested in visiting us come. The goal is to give our clients the opportunity to exhibit and show their products, and to do business. Here there are developers not only of Uruguaybut also of Paraguay and Argentina”.
The hallways of the Enjoy convention hall demonstrated the existence of a regional tourism, who showed curiosity in very diverse developments, where the investment or the possibility of housing is surely profitable. The Argentine public was predominant, according to Bertiz.
“These have been difficult times for Argentina, and Uruguay It is the natural refuge of capital, it always was. And given the distrust of being able to buy something or invest in Argentina, Argentines turn to Uruguay, “It is a more solid, safer and calmer place,” he said.
Going through the various proposals, the project for the first private neighborhood of Equestrian Estates in Punta del Estelocated at kilometer 13.5 of Route 12, 2,000 meters from Sauce Lagoon10 minutes of Solanas and 20 minutes from the center Punta del Este.
“It is about private neighborhood of 24 exclusive properties of 4,000 square meters with equestrian infrastructure and first-class services, services that make living in the countryside have nothing to envy of living in the city as a concierge, room service, gardener, maintenance staff and vehicle with driver “, the Bolivian businessman told Ámbito Carlos Ferreira, investor and project manager.
“It is the first in Punta del Este, but a trend that is also growing in Buenos Aires and in the rest of Latin America. In USA is absolutely consolidated and in Europe the same “It is an intermediate point between having the horse in a club and having the entire private club to yourself,” he added.
As Ferreira explained, a property today starts at $200,000, 100% financed directly with an initial payment of $20,000 over a 10-year term. The total investment of the work is around 10 million dollars in the first stage. The development will be completed by the end of 2025, with work beginning in February of this year.
Central Real Estate is a global company present today in 70 countries with offices in London, Singapore and Chicago who decided now to bet on Latin America.
“We landed in Argentina starting in the month of July, but before that we launched International Luxury Portfolio for properties worth more than a million dollars,” he says. Victor Arlandi, regional director of the company. “We can move a person from a neighborhood, we can move them from a city, we can move them from a country. The difference in being a global company is being all over the world,” he stated.
Punta del Este It will be one of the destinations that will be prioritized the most. “Uruguay It is a fantastic country with everything a country has to have in terms of security, in all tax promotions that are occurring in Montevideo which is why it has such great development, in everything that is investment, that is, it is clearly the Monaco of South America”, he concluded.
Source: Ambito
