Holiday property investment

Modern day property investors are always on the look out for new exciting destinations and an unlikely player has just emerged, Uruguay . Uruguay has much to attract the holidaymaker and second home owner, not least the wide sandy beaches and picturesque colonial towns. Punta del Este, 130km to the east of Montevideo, ranks up there with South America’s premier holiday resorts attracting up to 700,000 visitors each year and has had numerous nicknames from ‘the Pearl of the Atlantic’ and ‘the Hamptons of Latin America’ to ‘the St Tropez of Uruguay’ and even ‘the Ibiza of Latin America’. Sitting on a peninsula that reaches out into the ocean, separating the surf of the Atlantic Ocean from the calm waters of Rio de la Plata, Punta del Este is an area of outstanding natural beauty that offers the nightlife and the tranquility that is required. In January and February Punta del Este’s 20 miles of sandy beach turn into a playground for beautiful people, wealthy South Americans and a sprinkli...