Front Elevation: Uruguay’s Eden

Punta del Este has become the Pearl of the Atlantic.

text by: Saxon Henry

April 1, 2008

DEVELOPMENTS/REAL ESTATE

1 Acqua
Location: The contemporary, L-shaped development is located 15 minutes from the Laguna del Sauce International Airport.
Residences: Three manors and two penthouses with private decks and swimming pools, as well as five duplexes and 24 luxury condominiums with private terraces. The project was designed by New York–based Uruguayan architect Rafael Viñoly.
Amenities: A spa, gym, beach club, and dramatic infinity pools; some residences include home theaters and wine cellars.
Timeline: The first phase of real estate was offered in December 2006; build-out is expected this May.
Pricing: From $980,000 to $7.5 million.
+598.42.497.061, www.acqua.com.uy

2 Brava 28
Location: Between La Barra and Punta del Este.
Residences: Two mid-rise towers comprise 24 two- and three-bedroom luxury condominiums, six penthouses, and two two-bedroom duplexes.
Amenities: Large terrace with swimming pool and whirlpool, complex-wide Wi-Fi, a party room, a spa, and a fully equipped gym.
Timeline: The first phase of real estate became available in January 2005; the project was completed earlier this year.
Pricing: From $240,000 to $561,200.
+598.98.82.9061, www.brava28.com

3 Delamar
Location:
In La Barra, 25 minutes from the Laguna del Sauce International Airport.
Residences: 48 luxury condominiums, 12 of which are penthouses with private terraces and pools.
Amenities: A gym with views of the ocean, an infinity-edge pool and an indoor pool, a spa, kayak and bicycle rentals, a concierge, and housekeeping services.
Timeline: The first real estate offering was in December 2006; the project is slated for completion this spring.
Pricing: From $600,000 to $2 million.
+598.42.773.333, www.delamar.com.uy

4 Laguna Escondida
Location:
On 146 acres of land that includes lakefront property and beachfront property, with 2,000 feet of Atlantic coastline.
Residences: 240 homesites and 50 condo-hotel residences. Homeowners have the option of choosing a predesigned home from acclaimed architect Carlos Ott—who has built modern structures across the globe, from Miami to Dubai—or from a selection of other international architects.
Amenities: A hotel, a spa, a gym, tennis courts, a restaurant, and an infinity-edge swimming pool in the lagoon area; the beach club offers another pool.
Timeline: The first phase of real estate will be offered in September 2008; build-out is expected by 2010.
Pricing: Homesites range from $160,000 to $775,000; beachfront condos from $1 million to $3 million.
www.lagunaescondida.com

5 Quay
Location: On Punta del Este Harbor.
Residences: The mid-rise development offers 14 residences, including two penthouses, each with a private terrace and pool.
Amenities: A sundeck and swimming pool with ocean views, a private club, a movie theater, gardens, a health club, and complex-wide Wi-Fi.
Timeline: The first phase of real estate became available in December 2006; build-out is expected by December 2008.
Pricing: Starting at $1.2 million.
+598.94.06.5451, www.quay.com.uy

6 Veramansa
Location: Within a 38-acre wooded expanse dotted with lagoons and offering views of the ocean.
Residences: A mix of 144 luxury condominiums in three low-rise buildings for phase one, and a variety of parcels earmarked for private residences in later phases.
Amenities: A spa, a microcinema, a restaurant with a bar and adult lounge, tennis courts, indoor and outdoor swimming pools, lagoons suitable for water sports, and beach access.
Timeline: The first phase of real estate was offered in December 2005; the second phase build-out is planned for December 2008.
Pricing: From $280,000 to $600,000.
+598.42.77.2722, www.veramansa.com

RESOURCES
Punta Online
, www.puntaonline.com
Punta for Sale, www.puntaforsale.com



Subscribe Today

BONUS: Pay now and receive two free issues! RISK FREE TRIAL ISSUE Subscribe today and get a free issue. If you like it, you'll pay $19.97 for 5 more issues (6 in all). If not, write "cancel" on the invoice you receive, the free issue is yours to keep.