Natalia Muscatelli
10/20/2020 20:01
Clarín.com
Economy
Updated 10/20/2020 20:01
Some of those who have excess income and prefer to allocate it to investments outside the country, are
choosing Uruguay as an attractive alternative.
According to real estate companies, the concern of many Argentine investors in consummating operations on the other side of the river is growing.
In particular, after the neighboring country offered
greater facilities
for those who wish to live or invest there, under the promise of reducing tax requirements.
An example of the incentive was evident in the
development and prompt sale of the Le Parc tower, which was built by the developer CRIBA together with RAGHSA, in the city of Punta del Este.
This building has 24 floors and 94 premium residences, of which
91 had Argentine buyers.
CRIBA has been building in the Uruguayan market for seven years and has already carried out five works.
“There were only two Uruguayan buyers and one Brazilian.
The rest, all Argentines, ”said
Santiago Tarasido, CEO of the construction company CRIBA
in a round with journalists in which he analyzed the construction situation, after the pandemic.
Construction of the Le Parc Punta del Este Torre III tower began in March 2018 with an investment of
US $ 63 million.
Its delivery was scheduled for February 2022. However, it maintained a good pace despite the restrictions due to the pandemic and is already being delivered.
It has residences of 195 m2 with 3 bedrooms en suite and 242 m2 with 4 bedrooms en suite
with prices starting from US $ 3,300 USD per m2,
"which represents a very tempting value compared to other markets such as the city of Buenos Aires ”, They say in the developer.
They also warn that "more and more
residences that contemplate outdoor spaces and comfort in square meters
are
prioritized,
which before were differential, but today they became the highest demand due to the pandemic."
In the local market, the company is carrying out parking works at the Ezeiza and Aeroparque airports and is also about to relaunch a housing tower in the Almagro neighborhood.
"They are small units and very accessible for the middle class, ranging between US $ 80,000 and US $ 100,000," said Tarasido.
From his experience with Argentine buyers, in this case, in the city of
Montevideo, Javier Carámbula, commercial manager of Kopel Sánchez Desarrollos
, points out: "So far this year we have sold 13 units exclusively to Argentines, even with the quarantine of for average and the impossibility of not traveling. This number represents 10% of total sales. Only in September we had a peak of 100 inquiries and on average the conversion for every 100 inquiries usually results in four purchases, "he says.
Although not traveling complicates the situation of making the sale a bit, today the consultations are more specific, they count in that real estate agency.
"People have already learned how investment is in Uruguay, now the questions are about what is there to buy, how much does it cost and how do they pay it," says the businessman.
"Currently the market has
very little stock for immediate deliveries
, most of them are to
buy from a well
or construction. The most sought after are studios and a bedroom that are around the values of USD 75,000 / USD 80,000. Some few of US $ 100,000" ", he tells about the market in the Uruguayan capital. And he describes: "the buyer profile is usually middle-income people who have savings and seek to keep them.
In these cases, a payment plan per work period is agreed with the majority ".
