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Advantages of purchasing Uruguay land

Real Estate

Advantages of purchasing Uruguay land

50-hectare Uruguay land for sale with excellent location is just 6km away from Ruta, 40 minutes away from Punta Del Este. More than 1,500 meters of stream shore, ideal for recreational purposes and as a source of fresh water for cattle. Main house with en-suite bedroom, 2 additional bedrooms and bathroom. Kitchen and dining room and living room with fireplace. Independent guest house with bedroom, bathroom and kitchenette. Complete house for employees, barn, 3 horse stables, working facilities for sheep. Great views of surrounding hills. The farm’s production covers the property’s costs.

The laidback country of Uruguay, quietly nestled between Argentina and Brazil, is one of South America’s most alluring hideaways. With a population of just 3.4 million, many of whom are European immigrants, it offers a unique mix of untouched natural beauty and ultra-luxury living, sophisticated European flavors, and a warm Latino spirit.

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  1. 410 miles of scenic coastline to explore

Uruguay’s rugged coastline is a hotspot for secluded living, characterized by mile after mile of golden sand dunes, where, for most of the year, the only noise is the sound of the Atlantic Ocean crashing on the shore. However, residents get the best of both worlds as during the summer high season (December to January), it’s pulsing with activity. The coastal city of Punta del Este, one of the most sought-after areas to buy property in the country and South America’s equivalent of St Tropez, becomes a glitzy playground. But if it all gets too much, nearby Isla Gorriti offers a scenic hideaway. “You can get there by yacht in less than 30 minutes and it’s the perfect place to relax and observe all the beauty and action of Punta del Este from afar, says Diego Roel, director of Terramar Christie’s, an affiliate of Christie’s International Real Estate. “Mansa Beach is my favorite place to watch the fantastic sunsets that Uruguay is famous for.”

A 40-minute drive from Punta del Este is José Ignacio, its more bohemian yet equally exclusive neighbor. This sleepy fishing village has morphed into a fashionable lifestyle enclave in recent years. Modern villas, owned by the Argentine and Brazilian elite, bask in their cutting-edge design glory, looking down on the village’s old lighthouse that dates back to 1877.

  1. Property is spectacular and offers excellent value for money

This breathtaking 220-acre Uruguay real estate beachfront is the largest in the region. Its surrounding pine forests make it a deliciously private location, yet it’s just a short drive from all the cosmopolitan activity of Punta del Este and the international airport. Designed by architect Pachi Firpo, Los Primos boasts a unique landscaped amphitheater and seven spacious bedrooms make it perfect for entertaining. Other luxury amenities include private horse stables, polo field, six-hole golf course and 450 meters of unspoiled beach. As Roel observes, “You have everything in your own world.”

  1. It has appealing tax incentives

By declaring fiscal residency in Uruguay (and spending just six months of the year there), foreigners pay no income tax on foreign income for five years and only 12% after that. They are also exempt from paying tax in their own country. “Many Europeans and Americans have taken advantage of this and invested in property for sale Uruguay,” says Roel. He also reveals further incentives: “Now is a great time to invest in real estate. The value of properties in Uruguay is dependent on the economic situation in Argentina and Brazil as many citizens from these countries own second homes here. Since the two economies are coming out of a slowdown, buying property or land is very reasonable.”

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