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| Fernanda Prece |
Miami, FL, May 14, 2020--According to Juan Martin Diaz of notonlydata.com:
"The market is experiencing growing interest in real estate options in open spaces, far from large urban centers."
These are places where one can escape, and find refuge and harmony in high-end design that meets nature and personal wellness.
Developments such as Las Cárcavas, in Uruguay, stand out with their environmentally friendly proposal and strategic location in a luxury, beach-front corridor.
"The eruption of COVID-19 onto the global stage has caused innumerable
transformations in all areas of the economy, which now face an uncertain
future. But
it has also ignited new challenges. No stranger to these changes, the real
estate market is also experiencing fluctuations.
While owning property has traditionally been a valued form of savings in the midst of global and regional crises, there is now another phenomenon that is paving the way for new opportunities within this sector.
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| John Brookes |
Social
isolation has also modified the preferences and habits of people who, across
the board, are now looking more than ever for contact with nature - an asset
that has become a highly sought after characteristic.
Along this line, developments in green, open spaces, with wide-open surroundings, both remote and sustainable, have started to become more and more attractive within the real estate market.
And
though both investors and developers are still being cautious, in this context
luxury real estate developments with these characteristics have become an attractive
and secure option for foreign investors.
Located in Uruguay, along the Rocha coast in Garzón – a fifteen-minute drive from José Ignacio, which has become the most exclusive area in Punta del Este – the high end real estate development Las Cárcavas is a clear example of this trend.
Las Cárcavas gets its name from the rock formations generated from the rain water erosion as it flows to the sea, a typical feature of Garzón's coastal landscape.
Unique in its style, it boasts twenty-four ranch lots and space for sixteen bungalows, all distributed on just over 128 acres situated on a UNESCO national biosphere reservation.
The
development offers access to 250 meters of exclusive beach front with warm
water, thanks to the tropical currents coming from Brazil, as well as luxurious
amenities: a swimming pool, beach club on the shore of a lagoon, natural grass
tennis court, grill area, fire pit and corrals.
"Sustainability and environmental impact are two concepts getting more attention nowadays, generating lots of interest from investors: so, even in times of adaptation and transformation for many areas, our projections are positive given the current scenario" asserts Fernanda Prece, Commercial Director of Las Cárcavas.
The project ideals are based on sustainability and a strict commitment to the environment. Therefore, and in regards to design, the ranches follow certain pre-established architectural guidelines in order to preserve the spirit of the natural landscape.
In line with the overall vision, Englishman John
Brookes, in collaboration with the Barzi Casares studio, has been
commissioned to helm the landscape design for the open and communal spaces of
the project; both highly respected names in the international market for their
avant-garde and innovative work, in-sync with environmental protection.
The Director explains that in Las Cárcavas, as developers, they understand the "changing dynamics of their clients' needs" and that is why they are committed to offer "substantial advantages to an investor who knows the market, and is eager to find projects that contemplate new trends."
Another unique advantage of the project is its strategic location. Besides offering political, social and economic stability, Uruguay offers fiscal advantages through recently announced tax incentives, many of which are aimed at the foreign investor.
About Las Cárcavas
Las Cárcavas is a luxury real estate
development on the Rocha coast, situated at the 204.5-kilometer mark of Road
10, in Garzón, Uruguay.
The
location covers an area of over 125 acres, divided into 24 ranch lots of 2.5
acres each and 16 bungalows, each built on lots measuring 1,500 m2.
The
cost for the ranches ranges between USD 580,000 and 3 million dollars. Each
bungalow is valued at 1 million dollars and are turnkey ready.
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| Isay Weinfeld (Photo courtesy of thepinnaclelist.com) |
Optimum Capital Partners are the landowners and developers of Las Cárcavas, which is united as a whole project under the signature of Isay Weinfeld.
For more information, please visit: www.lascarcavas.com
Contact:
Juan Martin Diaz
martin@notonlydata.com
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