The cobblestone streets, 17th century architecture and beautiful sunsets that characterize Colonia del Sacramento have always lured Argentines and international tourists in Buenos Aires across the river for a weekend stay.
But now Colonia is turning into a year-round destination, and the same qualities that attracted the Portuguese back in 1680 are luring a new generation of real estate investors and developers.
Colonia’s year-round attraction is highlighted in a new Perfil article which lists the “Best Time to Visit Colonia” as “Winter, Fall, Spring, All Year and Summer.” That covers most of the bases. Unlike Punta del Este where High Season is only two months out of the year (January, February), Colonia’s proximity to Buenos Aires (75 minutes via Buquebus) is what gives this waterfront gem its year-round appeal.
Our 100% increase in Colonia rental inquiries received this year is validation of a growing trend we noted last April: Living in Colonia and commuting to Buenos Aires for business or pleasure when the office calls or the nightlife beckons. Fortunately, a handful of new Colonia apartments and condo-hotels are making this a reality.
Two new buildings, Costa Colonia and Altos del Virrey, are prime examples of the type of new construction developments with large units, waterfront views and modern amenities awaiting travelers looking for more than a weekend stay in Colonia. Simultaneously, both Argentine and European developers are breaking ground on new residential mid-rises along the waterfront that stretches north from Colonia towards Carmelo and east towards Montevideo. (Full Story in Spanish)
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