The Perfect Real Estate in South America for Foreign Investors
The Perfect Real Estate in South America for Foreign Investors
If there is anything the pandemic taught us it's that social isolation has also modified the preferences and habits of people who, across the board, are now looking more than ever for a more natural theme - an asset that has become a highly sought after characteristic.
With thoughts revolving around the new normalcy of living for probably the next years to come, we are now seeing city life as a challenge. People are now looking at properties with wide-open spaces where kids can run around free and unafraid. Being stuck in condos and unable to use certain public facilities in condo buildings has posed as a challenge to most condo owners. Many from residential areas are looking at housing in a different way as well with parks and pools closed off.
Is it a good time to invest in real estate?
Definitely it is always a good idea to look for properties that will not only bring value to your living but also peace of mind.
"Sustainability and environmental impact are two concepts getting more attention nowadays, generating lots of interest from investors: so, even in times of adaptation and transformation for many areas, our projections are positive given the current scenario" asserts Fernanda Prece, Commercial Director of Las Cárcavas.
Is it safe and legal to invest in Uruguay properties for foreigners?
Yes! In fact, the Uruguayan government has laws that protect local and foreign investors way beyond your expected international expectations. The prime property costs in this location are the same as offered to locals.
One property that's sticking out as a gem in the market is Las Cárcavas, in Uruguay. With a grand location set on a luxury real estate development on the Rocha coast, situated at the 204.5-kilometer mark of Road 10, in Garzón, Uruguay. The location covers an area of over 125 acres, divided into 24 ranch lots of 2.5 acres each and 16 bungalows, each built on lots measuring 1,500 m2. Most importantly they are move-in ready. This by far the best price for the location, the view, the privacy, and most importantly the idea of being one with nature. It's no wonder people are scheduling to view this location after the reopening of the US. There are many things your family can enjoy with the location near schools, markets and the beach. This prime property development offers a serene and peaceful spot that most vacationers would pay big bucks for. For you? You will call it home.
How to find Las Cárcavas?
The access to Las Cárcavas from Punta del Este Airport is through Road 10, driving over the iconic circular bridge on Garzón Lagoon. Optimum Capital Partners are the landowners and developers of Las Cárcavas, which is united as a whole project under the signature of Isay Weinfeld.
Read more about Real Estate:
Why You Should Consider Borrowing with a Title Loan
What to Know About Paying Taxes as an Expat in Latin America
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