|
Key selling points
- First Uruguay Land Banking offer to the UK market
- Personally visited by Company director
- Sheraton Golf Resort already in operation
- 5 minutes drive to the ferry terminal
- 45 minutes to the heart of trendy Buenos Aires
- Wonderful weekend retreat for the local market
Be an investment pioneer!
This is a superb opportunity to invest in Uruguay, a safe, stable and secure market known as the Switzerland of South America, tipped to be one ot the hottest emerging markets for 2008.
Colonia is an beautiful, upmarket destination with a UNESCO protected village that dates back hundreds of years. Stretching along the banks of the Rio Plata, the town is immaculately kept and serves as an exclusive weekend retreat for large numbers of visitors from Buenos Aires in Argentina. Although visitor numbers are aleady high, thanks to the direct ferry which takes just 45 minutes to whisk visitors to Puerto Madero in the heart of Buenos Aires, a new passenger terminal will increase the profile of the area and increase demand for plots and villas in this area.
The 100-room Sheraton Hotel on the site is already in operation and is owned by the developer of the land. It is a stunning building with a huge atrium at the front, where guests and residents can enjoy the great local beers or the world renowned regional wines. The views across the pool area and golf course to the river are wonderful. Residents have free access to the hotel, and a 20% discount on all amenities and services, which include the spa facilities, swimming pool, gym, club house, 5-a-side football and tennis courts, as well as the Royal Cava Restaurant and Lobby Bar.
The plots are divided into two zones. The first is the golf area, where there are just 58 plots for sale on this immaculate golf course, which was designed by Emilio Serra. Plots in this area average around 1500m2. Stage payments are available to purchase the plots on a 10 - 30 - 30 - 30 basis.
There are roughly the same number of plots for sale in the beach area, where plot sizes average around 1000m2. These plots have a 10 - 50 - 40 payment structure, with the final 40% financed over 36 months at an interest rate of 6%. Alternatively, a 10% discount has been negotiated for cash purchase.
While the recovery of the Argentinian economy continues, this is a great opportunity to acquire an attractive piece of land on a desireable existing site at a really good price. There is no time requirement to build, which means that you can hold your plot for as long as you wish, making an investment here a great addition to any portfolio.
Architects are in place to manage the construction of villas on the property (with a maximum constructable area of 40% of the plot size), though you are free to source your own construction team. Judging by the comparable research we have prepared, a reasonable profit can be generated immediately by purchasing land, constructing a villa and selling this on to the local market.
| 
