Rising Tide: Piriapolis Begins to Attract More Foreign Investors

Patrick Archer foreign investment, lifestyle, real estate, tourism, uruguay

From Chicago to Cordoba, Medelli­n to Montreal and Rio to Quito; there is a long list of famous second cities in the Western Hemisphere. When it comes to Uruguay tourism destinations, Punta del Este may be the primera playa, but the second city of Piriapolis is beginning to attract more foreign investors thanks to a new strategic marketing campaign. APROTUR, …

SOLD: The Uruguay Presidential Home in Punta del Este

Patrick Archer real estate, uruguay

As the most powerful man in Uruguay, you’ve got to think a few presidential perks come along with the office. No waiting at La Silenciosa, express check-in at Carrasco, maybe your very own chivito at La Pasiva for starters. How about a nice vacation home in Punta del Este? It turns out Jose Mujica and his presidential predecessors have all …

The Missing Link In Coastal Uruguay: The Garzon Bridge

Patrick Archer real estate, tourism, uruguay

In recent years we have witnessed the migration of both tourists and homebuyers away from Punta del Este and up the coast toward more exclusive and undeveloped beaches in the states of Maldonado and Rocha. Highway 10, the Uruguayan equivalent of PCH or Florida’s A1A, meanders 120 miles up the East Coast from the tip of Punta del Este to …

Maldonado, Punta del Este Uruguay Move $7 Million in Real Estate Per Day

Patrick Archer foreign investment, real estate, uruguay

Real estate transactions in the Uruguay state of Maldonando top $7 million dollars a day, according to new data released this week. Marcelo Gallardo of El Pais says a total of US$2.55 billion in real estate deals were closed between April of 2010 and April of 2011. And while projects in Punta del Este account for the bulk of that …

La Azotea de Haedo: A Pretty, Pink Piece of Punta del Este History

Patrick Archer real estate, uruguay

For Sale: Historic mansion in Punta del Este, built over six decades ago by a former President of Uruguay, gated compound spread over 3.7 acres, lush gardens and towering pines, central location next to the Cantegrill Country Club and only twelve blocks from Playa Mansa, walking distance to four public schools and two private colleges. And while the asking price …