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Real estate investments in Punta del Este, Uruguay

For several decades, the City of Punta del Este has established itself as an international vacation center and a high-level business environment. Since its foundation in 1907 the city has not stopped growing and appreciating itself. Investments in real estate have been the engine of its sustained development supported by Uruguay´s solid banking system and by its consolidated legal security that supports investments and development. In 1986, the City of Punta del Este hosted the "Uruguay Round", a meeting that is considered a founding milestone of the WTO (World Trade Organization).

There are currently, in different stages of development, numerous real estate developments ranging from high-class residential towers to private neighborhoods that take advantage of the exceptionally beautiful natural environments that distinguish this place.

All this makes investments in Punta del Este a safe and highly profitable business. Because it is an international tourist area, investment in housing units for vacation rentals, for example, allows generating direct profits, as well as consolidating the capital invested in real estate that constantly improves its price.

Investments in Uruguay were formally declared "Of National Interest" by the state authorities. Foreign investors enjoy the same incentives as local investors, with no discrimination from the tax point of view or restrictions on the transfer of profits abroad. There are general and automatic incentives for investment.

For the tourism industry, VAT exemptions are applied to purchases of goods and services (national or imported) destined for the construction, improvement, expansion and equipment of tourist complexes and the exemption from the Patrimonial Tax for 10 years.

Regulatory Decree No. 138 of 2020 establishes for real estate investments, among other points, the benefits and exemptions for the construction of office buildings, for sale or rent. Construction of residential buildings, for sale or rent. Urban development projects (private initiative), suburban or rural area, which include: development and subdivision of infrastructure, subdivision and construction of housing units on this land.

For more details consult Law 16.906 and annexes.

How to obtain Tax Residence in Uruguay
 
The new regulations approved in 2020 indicate that tax residence in Uruguay can be obtained when any of the following situations occur:
The person remains in Uruguay for more than 60 days in a calendar year or the person resides in Uruguayan territory "the main nucleus or the base of their activities or of their economic or vital interests".
For them it is required to have real estate in Uruguay with a value higher than US $ 380,000 or a direct or indirect investment in Uruguayan companies for more than 1.6 million dollars dedicated to activities of national interest.

We invite you to visit our catalog of properties, land and investment projects, we hope to provide you with our advice and accompany you in making your best decision.

 

Operation
Property
Districts
Bedrooms
House in La Barra
 
Rent US$ Consult 
 
House in El Golf / La Brava
Sale 3,400,000 US$ 2,500,000 
Rent From US$ 15,000 
 
House in El Golf / La Brava
 
Rent US$ Consult 
 
House in El Golf / La Brava
Sale US$ 4,000,000 
Rent US$ Consult 
 
House in La Barra
 
Rent US$ Consult 
 
House in La Barra
 
Rent US$ Consult 
 
House in Desembocadura / La Barra
 
Rent US$ Consult 
 
Farm in La Carolina
 
Rent US$ Consult 
 
Farm La Berenjena in La Carolina
Sale US$ 2,500,000 
Rent US$ Consult 
 
Apartment in Rincón del Indio / La Brava
 
Rent From US$ 23,000 
 
Apartment in El Golf / La Brava
Sale US$ 3,000,000 
Rent From US$ 25,000 
 
Farm in La Carolina
Sale US$ 5,800,000 
Rent US$ Consult 
 
House in La Barra
Sale US$ 1,800,000 
Rent US$ Consult 
 
House in Laguna Blanca / Manantiales / La Barra
Sale US$ 1,780,000 
Rent From US$ 20,000 
 
Apartment in La Brava / El Golf
Sale US$ 550,000 
Rent US$ Consult 
 
House in Manantiales
Sale US$ 5,500,000 
Rent US$ Consult 
 
House in La Brava / Rincón del Indio
 
Rent US$ Consult 
 
House in José Ignacio
Sale US$ 6,000,000 
Rent From US$ 20,000 
 
Land in Rincón del Indio / La Brava
Sale US$ 8,000,000 
Rent US$ Consult 
 
House in José Ignacio
Sale US$ 2,250,000 
Rent From US$ 12,600 
 
House in El Golf / La Brava
Sale US$ 1,290,000 
Rent From US$ 12,000 
 
House in Desembocadura / La Barra
Sale US$ 2,500,000 
Rent From US$ 45,000 
 
House in Montoya / La Barra
Sale US$ 2,500,000 
Rent US$ Consult 
 
Apartment in Desembocadura / La Barra
Sale US$ 1,300,000 
Rent From US$ 11,000 
 
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