Buenos Aires Real Estate

Punta del Este in Uruguay is the luxurious playground for the rich and famous and now the biggest architects are joining in the fun. A whole range of high-end projects have been started by some of the biggest names in the architectural world. Boutique hotels, urban penthouses, seaside farmhouses and leisure complexes are all adding to Punta del Este’s appeal.

Punta del Este is undeniably the most exclusive seaside resort in Latin America. The place boasts a magical combination of countryside and forests with traditional port and marina scenery. Year after year new projects are being undertaken by designers that include Isay Weinfeld, Philippe Starck, Stephania Kallos, Rafael Viñoly and Carlos Ott. These are names that are usually associated with big cosmopolitan projects in urban areas. The majority of the projects by these designers in Punta del Este are dual purpose and are designed to be diverse, thus increasing their usability and value. The hotel complexes, for instance, here are being constructed that include permanent residencies as well as the usual hotel facilities.

On average, seafront properties here are being sold here at a massive $ 4000 dollars per square metre. In this past year, 22 new projects have been started up and prices here have risen an impressive 13.69% during this period. To give you a better idea of prices here, the most expensive and exclusive properties are being sold at $ 8,000 dollars each metre squared. With prices like that, Punta del Este really is a world-class, millionaire’s playground, now competing with international competitors like Miami and Ibiza.  It could even be said that Uruguay’s top location Punta del Este actually betters other resorts due to its unique intimate atmosphere, created by the coupling of ocean with green spaces.

The Las Piedras Villas and Hotel Fasano de Punta del Este demonstrates this combination of seaside resort with all the benefits of country living. This project is a creation of Brazilian developers JHSF and it is their first development overseas. The Fasano Las Piedras is the first and only beach and country club in Punta del Este. The club and resort covers a huge area of 480 hectares that include a beachfront as well as tennis courts, horse riding facilities, Jet Ski excursions, spa complex, as well as restaurants and bars and the obligatory swimming pools. This top ranking, premium resort and hotel complex cost the Brazilian investors $ 100 million dollars to develop and rightly so, as this place screams excellence and luxury.

This place of just one of the many top resorts that are popping up in Punta, so for those you can afford to pay for the best then Punta del Este in Uruguay is the place where you’ll find it. Looking for more info about Punta del Este real estate market? check this Buenos Aires real estate guide.