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This is a great opportunity for
investment in a beach house in the growing beach resort town of La Paloma.
La Paloma has been
experiencing considerable growth, and is one of the top destinations in Uruguay throughout
the summer months. The majority of the
tourists come from Argentina,
Brazil and Uruguay, with a growing number coming from Chile and Paraguay. It is situated around 120kms from Punta del
Este and 220kms from the capital, Montevideo.
The town is popular for its vast stretch
of coast, along with its natural beauty. La Paloma is fully equipped with Supermarkets,
Medical Centres, Bank, Schools, Restaurants and Specialty Stores.
The house is situated on the
most popular beach in La Paloma, La Balconada, the house enjoys spectacular
views of the ocean, along with close proximity to the main street and shopping
areas.
Every year the demand for
accommodation in La Paloma increases, and buying in this area, will reward you
with not only a good return through rental income, but also with high capital
growth. Without spending any money, the
house will provide a good rental return, however for those looking for a bit more;
there is plenty of area to transform the house into a Hostel or a Posada, which
would maximize income.
The
house is of a sturdy construction with a thatched roof. There are three levels of the house, with
ample living area, bedrooms and two bathrooms. There is a separate building for the BBQ
(Parrillero) which has its own kitchenette.
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