If you are thinking of making an investment in Uruguay property or land, it is worth carefully considering the location of your Uruguay property investment. The following is a short guide to Uruguay, including its main investment spots, Punta del Este, Montevideo and Ciudad de la Costa in Canelones.
As the capital of Uruguay, Montevideo is one of the main highlights of any Uruguay guide. In general, there is a very limited supply of rental units in Uruguay, particularly in Montevideo. The local population embraces modern architecture and technology and are looking for high quality, stylish new buildings. As a result, Montevideo rental yields are high, especially on larger properties as much as 11.4%.
In addition, the upmarket coastal resort of Punta del Este is of special interest to investors in Uruguay. The resort is booming and is especially popular with both Brazilians and Argentineans, looking for luxury properties.
Following its recent economic turnaround, increasing tourism figures, and the fact that Uruguay property prices offer excellent value for money, it is clear the Uruguay property offers good quality investment opportunities. As the Uruguay economy is at the beginning of an upward trend and so property investment in Uruguay is worth considering sooner rather than later.
Get the full Uruguay Property and Land Investment Guide.
