Ola Uruguay Real Estate and Investments

If you dream of giving up the day job and moving to Uruguay, but you’re not ready to hang up your entrepreneurial hat just yet, here are some property listings that will have reaching for your check-book…

Editor’s note: These properties are provided here to give you a guide of the type of real estate on offer. They were listed as for sale at the time of publication.

A Winery at Canelones
With a half million bottle capacity yearly, this winery, located in Canelones, just outside Montevideo provides a great opportunity for anyone who fancies themselves as a bit if a vigneron. The two-acre property includes a commercial winery comprising 382,000 liters of tanks and a small house with two rooms and a bathroom. The asking price is US$98,000. An additional 12 acres of land adjacent to the winery can be purchased for a further US$60,000. For more see http://www.viviun.com/AD-62540.

Largest Private Casino/Hotel Resort In South America
Located in Punta Del Este, this property (445 acres in size) consists of more than 74 acres of pristine beachfront, and over 370 acres behind main road.

The property consists of:

• A 120,000-square-foot private casino
• A 40-story hotel tower with 680 ocean view rooms
• Three 30-story apartment towers
• A 40-story tower, holding 80 luxury condos and a private beach.
• The largest convention center in South America
• An 18-hole golf course 
• Polo fields
• Multi-purpose stadium
• Helipad

The property is just 10 minutes from the international airport, downtown Punta Del Este, and many well know tourist attractions. It’s listed at 
http://www.viviun.com/AD-8969.

Ocean-View Apart Hotel With Leased Restaurant
This seven-story terrace building with operating restaurant is situated in a prime location in Pocitos, one of the most elegant quarters of Montevideo, and 200 yards from the best beach of the city. It is also near shopping centers, the World Trade Center, the yachting club, and the golf club.

The ground-floor restaurant covers 1,200 square feet and seats 60 inside and 40 outside in the sidewalk cafe. The property is fully equipped and is currently leased for about US$1,200 per month (US$14,000 per year). The current tenant has 3-1/2 years left on the contract. The restaurant was recently renovated with two new bathrooms.

Apartment highlights include open fireplaces, balconies, terraces, outdoor barbecues, and an ocean view from each floor—although the only really good views are from the top three floors. This property is listed at $350,000. For more see: http://www.viviun.com/AD-124689.

Three Star Hotel For Sale In Punta Del Este
With a perfect location just above the marina, around the corner from the lighthouse, and two blocks away from the beach (Playa de los Ingleses) and Avenida Gorlero (the main shopping drag), this three-star hotel is listed at US$900,000. The property comprises:

• A spacious reception area
• 48 rooms with private bathroom
• Equipped cafeteria with snack bar, 
• A meeting room for 60 people
• Ten indoor parking places
• Two lifts

For more see http://www.viviun.com/AD-1662.