Uruguay Coastal Properties

There is a listing for a 4 bedroom, 3 bath house (see Piriapolis, under Property for Sale, right sidebar) for $420,000.

I’m mentioning this property, not because it’s a screaming deal, but because it defines High-End in Piriapolis. In the Punta del Este area, in good view/beach access neighborhoods, the price would be 50% - 100% more. What we’re seeing, with Americans in particular, could care less about La Punta’s tonnie international resort image and are looking for stunning views/beach for good prices……which Piriapolis has.

Admittedly, the town is a little worn and on the tacky side, but I can remember when the area just south of Santa Barbara was “tacky.”

Stunning view property, on the cheap, always draws people. The situation will change in Piriapolis, it’s a mater of time.

This entry was posted on Friday, September 7th, 2007 at 9:33 am and is filed under Property Update, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.