Whether you're exploring the Uruguay real estate market for a home you can move into full-time…a vacation retreat you can visit a few weeks or months a year…a beachfront lot you hope to resell at a profit…or your own slice of sand where you'll build your dream home…you can find it in Uruguay.
In 2005 there were more than 650,000 square meters approved for property development in Uruguay. It is estimated that half of these new properties were purchased by either European or American buyers who discovered the wonders of this country over the last few years and wished to take advantage of the low prices, numerous facilities, and beautiful coastline.
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Winter is nigh in North America. Bitter cold, ice storms, flurries, and blizzards are on their way. These are the months spent indoors, staring out at grey skies, pining for spring. But there are places where the sun is shining right now, temperatures are going up, and it’s already beach season.
- The Five Best Areas for Expats in Montevideo, Uruguay
Posted on August 20, 2013 by David Hammond
I go to enjoy the capital’s great quality of life. You can walk, run, or socialize on the rambla, the wide coastal promenade that runs the full length of the city.
- Affordable Properties in the Best Areas of Punta del Este, Uruguay
Posted on March 26, 2013 by David Hammond
Believe it or not, you can still find a nice condo in a coveted Punta del Este neighborhood for less than $150,000. There’s a secret to buying affordably here. And it’s simple. Folks from North America determine a property’s value by three factors: location, location, location. But in Punta del Este’s condo market, a property’s location is less important.
- The Trick to Buying Affordable Property in Punta del Este, Uruguay
Posted on March 10, 2013 by David Hammond
Punta del Este, less than two hours from Uruguay’s elegant capital of Montevideo, has long been the most fashionable beach resort in South America. An apartment sold here a few years back for $7.2 million… but believe it or not, you can still find a nice condo in a coveted Punta del Este neighborhood for less than $150,000. There’s a secret to buying affordably here. And it’s simple.
- Uruguay: Buy a Million-Dollar Address for $150,000
Posted on February 25, 2013 by David Hammond
Across from the beach near Avenida Roosevelt, where I ride my bike to the mall, is the completed sales office for Trump Tower Punta del Este. Construction is scheduled to start in June. Prices for condos start at $700,000, and the sales people say “it will redefine what is meant by luxury living.”
Uruguay’s “beach province” of Rocha has the country’s best beaches and most charming beach towns. Members of Real Estate Trend Alert can buy a lot here for $28,985. Interest-free finance is available over three years.
- 3 Properties in Historic Montevideo for Under $150,000
Posted on October 19, 2012 by David Hammond
The Old City was once the entire walled city of Montevideo, Uruguay when it was founded in 1730. Today the walls are gone, but the original plazas and much of the period architecture remains. This is Montevideo’s main cultural center and financial district.
Today, Argentina is back in a bind. There is a strong possibility of another crack-up within the next year. And then we’ll have the same opportunity we had a decade ago. The signs are all there. The streets of Buenos Aires have recently seen the return of the backstreet currency exchange.
Most of us dream of owning a beach property—where we can ride out the cold winters back home, enjoy beach living year-round, or even as a bolthole for a few weeks at a time. The good news is that, in some places, your dream beach home costs a lot less than you might think. Take a look at these three locations where you can relive the endless summer days of childhood.
- Crisis in Argentina Could Mean Opportunity For You
Posted on August 7, 2012 by Ronan McMahon
When it comes to crisis investing, Argentina is the “gift that keeps giving.” With expropriations and capital controls, they are up to their old tricks again. I’m closely following the situation there on your behalf.
An hour from Montevideo, Piriapolis was founded in 1893 and is Uruguay’s first seashore resort. It is filled with bathers and sun-worshipers for the entire summer. Year-round, people come from all over Uruguay to enjoy its fine seafood restaurants, casinos, cafés, and local museums.
What if I could show you how (and where) to buy your dream home on an island like this one, with palm-tree rimmed. white-sand beaches washed clean by clear, warm Caribbean waters… or on a lush jungle cliff-top with a mega-mile view of the blue Pacific stretching out before you…
- Coastal Uruguay: Latin America’s Best Quality of Life
Posted on April 25, 2012 by Suzan Haskins
Sipping a cappuccino at a small table in a shady plaza outside my hotel, I’m reminded of days and evenings spent in similar sidewalk cafés in Europe. Stately 19th-century neo-classical and baroque-style buildings with wrought-iron balconies line the square. Curtains wave gaily through massive wood-framed windows.
- Buy Land in This “Beach Province” for $443 a Month
Posted on February 10, 2012 by Ronan McMahon
Today I want to interrupt my on-the- ground reporting from the DR with news about our latest “off market” deal. This opportunity in Uruguay is strong. I wanted to make sure you heard about it at the earliest possible opportunity.
- Buy Land – Two Great Profit-Making Opportunities
Posted on December 16, 2011 by International Living
Every so often we run into amazing opportunities…specific ways to make smarter investments… slash your taxes…and keep your financial affairs private.
IL Real Estate Expert, Ronan McMahon, has just submitted a special report revealing one of the safest ways to grow or preserve your nest egg.
In this Quarterly Wealth Advisory Ronan reveals details of two special opportunities to make money from land.
We hope it helps you preserve and grow your wealth.
I moved to Uruguay full-time in 2006. And since then I’ve explored more than a dozen different countries, from Spain to Argentina. I’ve lived in Brazil, have a second home in Colombia, and bought property in Nicaragua. Yet Uruguay is where I call home; and I can’t think of a better place to be right now. The lifestyle is unbeatable, and the cost of living and of properties is reasonable.
- The Best Beach Deal in the “Europe of South America”
Posted on August 22, 2011 by Ronan McMahon
A deserted beach that feels remote…yet isn’t… A beach where, beyond the breaking waves, white foam caps skim along the deep blue ocean. On land, a steady breeze rustles through the dune grasses…white clouds drift by and ﬂocks of birds swoosh down, ﬁshing along the coast. That’s what you’ll found in Rocha, Uruguay.
On June 17th I told you about the opportunity at La Serena Golf in the province of Rocha, Uruguay. This is a great deal from a strong developer.
Not far away (but closer to Punta del Este) lot prices range from $40-$135 per square meter. That’s $162,000 to over $500,000 for an acre lot. And, these prices include projects without golf or tennis. Projects with hardly any amenities, in fact.
At La Serena Golf you have both. Half-acre lot prices start at $31,900. As a RETA member you can avail of our member-only pricing and get a 10% discount. That gives you an entry point of $28,710.
- Uruguay’s “Beach Province” For Less Than $60,000 an Acre
Posted on June 18, 2011 by Ronan McMahon
In the Uruguayan Department of Rocha, waves crash from the blue sea onto the wide, white sands. Small, rolling dunes…like you would see on Nantucket (off Cape Cod) separate the beach from gently rolling hills.
If you want to tap into the next trend in Uruguay’s “beach province” for less than $60,000 an acre…this is it.
In this alert I’ll give the relevant background on Uruguay…some context that shows why this is such a strong opportunity right now…and then the specifics on this real estate deal—which includes a discount ed price list for any RETA member who wants to buy.
- How (and Where) to Make Money in International Real Estate
Posted on June 16, 2011 by Suzan Haskins
“I’m kicking myself for not getting in on that deal you told us about three years ago,” he confided. “At the time, I thought ‘Is he crazy?…’” If the guy had followed Ronan’s advice back in 2008, you see, he could have made more than $38,000 on an investment of $2,234.
I couldn’t help doing a stealthy Google search as International Living revealed his favorite up-and-coming oceanfront destination in Uruguay. He had just shown a four-bedroom home smack dab on the beach, with two terraces overlooking the ocean. The asking price is $92,000, but we think the owner will take less.
Uruguay is on a roll. Both the economy…and the real estate market. New condos in Punta del Este, the country’s premier beach resort, now average $3,000 a square meter (that’s $300,000 for a 1,000-square-foot condo). But travel a little farther along the coast east from Punta, and your property dollars will go much further.
It’s warm and sunny on the early morning streets of Uruguay’s capital, Montevideo. The caretakers in the park are hosing down the sidewalks…waiters are straightening tables and opening bright yellow umbrellas at the sidewalk café. The neighborhood bakeries are open for cappuccinos and pastries, and newsstands are handing out today’s paper…
In today’s Alert, I’m going to show you three ways to make money from farmland in an investor-friendly country.
The case for investing in agriculture and food is pretty straightforward. Increasing populations and wealth in emerging economies is the primary driver. As people in these economies become richer they eat more food—and more meat.
- Now It’s Easy—How to Make Money in Global Real Estate
Posted on October 21, 2010 by Ronan McMahon
Sometimes, a real estate developer charges a different price to different groups for the same condo, lot or home. Obviously, you want to be part of the group that pays less and gets more favorable terms.
I am bullish on pockets of opportunity in stable, secure, and first-world Uruguay. These two plays converge along a little-known stretch of coast. Here, you will find Uruguay’s best beaches and beachfront land can be found for as little as $1 per meter or $4,050 per acre.
- Uruguay: The Perfect ‘Retire Overseas’ Destination
Posted on July 26, 2010 by Lee Harrison
The signature lighthouse is a dead giveaway…at least for anyone who’s traveled the Uruguayan coast between Punta del Este and the Brazilian border.
It was fairly quiet at my apartment, which is unusual. I can usually hear Tango music drifting up from the square, the crowds chatting while waiting to enter the theater, or at least a bus going by. Today however, there was no traffic, and no one in the square.
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It was a pleasure to meet you and Suzan (at IL’s Live and Invest Overseas conference 2010) as well as all the other key persons present last week in Vegas. It truly was a treat for us: Expat wannabe’s!