Uruguay: Examples of Real Estate Options
Transcription
Uruguay: Examples of Real Estate Options
Uruguay: Examples of Real Estate Options April 2011 www.fs.com.uy www.fs.com.uy 1. Montevideo Uruguay’s capital, main city 1.5 M people Located on the waterfront Real Estate Options: Shoreline condos Residential homes Colonial or renovated homes in the Old City www.fs.com.uy Aca foto del barrio Montevideo’s seaside walk, Pocitos www.fs.com.uy Montevideo’s Buceo marina, Pocitos Obtaining Uruguayan Residency Simple process, but bureaucratic It takes 6 to 10 months to obtain resident status After 3/5 years, one can apply for citizenship/passport Steps to obtain residency: First, gather all the necessary documents (abroad) Then, enter Uruguay, as a tourist Within 90 days (extendable for another 90 days), submit the application at DNM Once the request is submitted, the person may stay in the country indefinitely, as a “temporary resident” www.fs.com.uy 1.1. Montevideo: Small Shoreline Condos / Apartments Pocitos & Punta Carretas neighborhoods Avg: USD 180 /sq.ft. Example: 1BR, 1 BATH apartment 6th floor w/garage, amenities 500 sq. ft. USD 118,000 www.fs.com.uy 1.2. Montevideo: Large Shoreline Condos / Apartments Pocitos & Punta Carretas neighborhoods Avg: USD 180 /sq.ft. Example: 3 BR, 2 BATH apartment Sea view 1,650 sq. ft. USD 335,000 www.fs.com.uy 7 www.fs.com.uy 1.3. Montevideo: Renovated Apartments in Old City Colonial, Old City Avg: USD 175 sq.ft. Example: 2 BR, 2BATH apartment 872 sq. ft. w/amenities USD 149,000 www.fs.com.uy Pedestrian street in Montevideo’s Old City www.fs.com.uy 1.4. Montevideo: Colonial Homes in Old City Colonial, Old City Avg: USD 120 /sq.ft. Example: 4 BR, 4BATH apartment Wooden floors Garage Fireplace 4,337 sq. ft. USD 360,000 www.fs.com.uy www.fs.com.uy Fabini Square, downtown Montevideo www.fs.com.uy 1.5. Montevideo: Single Homes in Residential Neighborhoods Carrasco Neighborhood Avg: USD 200 /sq.ft. Example: 4 BR, 4 BATH house Inside private community 3,000 sq. ft. Built on 23,000 sq. ft. lot USD 550,000 www.fs.com.uy Aca otra foto de la casa www.fs.com.uy 2. Punta del Este South America’s main seaside resort Slower in winter, but with enough year-round activity and services Real Estate Options: Shoreline condos Residential homes Large Estates www.fs.com.uy Mansa Beach, Punta del Este Aca foto del barrio www.fs.com.uy Punta del Este marina www.fs.com.uy Real Estate: Punta del Este Punta Ballena architecture, Punta del Este www.fs.com.uy 18 2.1. Punta del Este: Small Shoreline Condos / Apartments Avg: USD 180 /sq.ft. Example: 1 BR, 1 BATH apartment 506 Sq. Ft. In downtown Punta del Este USD 100,000 www.fs.com.uy 2.2. Punta del Este: Large Shoreline Condos / Apartments Avg: USD 220 /sq.ft. Example: 2 BR, 2 BATH 16th Floor 850 sq.ft 2 blocks: downtown Beach service, maid service, sauna, playrooms USD 275,000 www.fs.com.uy www.fs.com.uy www.fs.com.uy 2.3. Punta del Este: Beach Homes Avg: USD 140 /sq.ft. Example: 3BR, 2 BATH house Pool, BBQ area Guest house Near golf course 3,423 sq. ft. Built on 19,375 sq. ft. Lot USD 350,000 www.fs.com.uy www.fs.com.uy 2.4. Punta del Este: Large Estates Avg: USD 275 /sq.ft. Example: 6BR, 6 BATH house 7,200 sq. ft built on 73,000 sq. ft. Lot Pool Guesthouse USD 1,350,000 www.fs.com.uy www.fs.com.uy www.fs.com.uy 3. Piriapolis Seaside town, smaller than Punta del Este Very slow in Winter Scenic hills Real Estate Options: Shoreline condos Residential homes Large Estates www.fs.com.uy 3.1. Piriapolis: Hillside Condos Avg: USD 160 /sq.ft. Example: 2BR, 2 BATH apartment On San Antonio hill 893 sq.ft. 226 sq.ft. of terraces USD 131,000 www.fs.com.uy www.fs.com.uy 3.2. Piriapolis: Beach Houses Avg: USD 130 /sq.ft. Example: 3BR, 2 BATH house w/ view of San Francisco beach 1,900 sq.ft. Built on 6,200 sq.ft. lot USD 245,000 www.fs.com.uy www.fs.com.uy 3.3. Piriapolis: Developments Sugar Loaf Ocean Club & Villas Avg: USD 125 /sq.ft. Example: 2BR, 2 BATH house w/ view of ocean and Sugar Loaf mountain 1,453 sq.ft. Built on 1/4 acre lot USD 245,000 www.fs.com.uy www.fs.com.uy 4. Colonia Uruguay’s oldest city, est. 1680, colonial Small, but very international Across Buenos Aires Real Estate Options: Colonial Homes (up to 300 years old) Newer colonial homes Farms Shoreline Condos www.fs.com.uy 4.1. Colonia: Colonial Homes Avg: USD 250 /sq.ft. Example: 2 BR, 2 BATH house In the Historic District 1,500 sq.ft. built on 2,200 sq.ft. lot USD 450,000 www.fs.com.uy www.fs.com.uy 4.2. Colonia: Modern Homes Avg: USD 210 /sq.ft. Example: 3BR, 2 BATH house w/ river view 1,550 sq.ft. Built on 3,500 sq.ft. lot USD 345,000 www.fs.com.uy www.fs.com.uy 4.3. Colonia: Polo Lots (Carmelo) Carmelo Polo Privileged enclave across Buenos Aires Example: Front-line polo lot Polo & golf club access 3000 sq.m. USD 100,000 www.fs.com.uy www.fs.com.uy 5. Rocha Easternmost province Oceanic Continuation, after Punta del Este Options: Houses in beach towns Lots near/on ocean Raw beachfront land for development www.fs.com.uy Real Estate: Eastern Shore (Rocha) Rocha oceanfront www.fs.com.uy 43 5.1. Rocha: Small Beachfront Lots Example: Three contiguous lots Aca foto del apto Between towns of La Paloma and La Pedrera One block from ocean Total: 1,747 sq.m. (18,784 sq.ft) USD 74,500 (USD 43/sq.mt) for the three lots www.fs.com.uy www.fs.com.uy 5.2. Rocha: Large Beachfront Lot Aca foto del apto Example: Large lot near La Pedrera On main road (highway # 10) With small 2 BR house Total: 18 acres USD 450,000 www.fs.com.uy www.fs.com.uy 47 6. Farms Uruguay is a farming country Agriculture, Forestry, Cattle, Wine Options: Farms of any type, for production Small farms to live in Farms www.fs.com.uy Advantages of farmland Increasing global demand for food Consistent long-term appreciation Annual cash return Non-volatile asset Store of value www.fs.com.uy Why farmland in Uruguay? Most suitable country Turnkey, easy Transparent market MAPA DE CHRIS ACA ********** ******** www.fs.com.uy 6.1. Farms: High-Yielding Cropland 54 Hectares (133 Acres) In Colonia (SE Uruguay) High productivity index: 178 (avg. is 100) USD 394,200 (7,300/ hect, 2,920/acre) www.fs.com.uy Real Estate: Montevideo www.fs.com.uy www.fs.com.uy 6.2. Farms: Farm Lifestyle Home 5 hectares (13 acres) Located in hills, Lavalleja province (East, near Punta del Este) Modern house; 1,450 sq.ft. 3 BR, 2 bath, pool, deck, jacuzzi USD 320,000 www.fs.com.uy www.fs.com.uy Contact information [email protected] Check our website for detailed presentations www.fs.com.uy www.fs.com.uy