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House Hunting in Uruguay: A Sprawling Former General Store for $975,000

With its borders still tightly restricted, the small South American nation is eagerly awaiting the return of foreigners — particularly Argentines — to jump-start its housing sector. A Five-Bedroom House With History Near Uruguay’s Coast $975,000 (43 MILLION URUGUAYAN PESOS) Built as a general store in the late 19th century, this five-bedroom home sits at the boundary of Pueblo Eden, a rural village in the Maldonado Department of southern Uruguay, about 25 miles from the popular resort city of Punta…

Uruguay offers more inducements to attract new immigrates

In June 2020: Uruguay reduced the real estate investment to $378,000 to gain residency with just a minimum of 60 days stay in the country each year. Having beaten the virus impact with minuscule death toll compared to most other countries, the country is eager to welcome new residents and investors. The minimum is based on a local index, UI, or Unidad Indexada which currently equates to under USD 400,000.  Click here for the PDF of the new residency plan dated June 2020 is now in place (Spanish). (There…
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