Newspaper article International New York Times

House Hunting

Newspaper article International New York Times

House Hunting

Article excerpt

A villa with a guesthouse and pool in Uruguay

Villa with a guesthouse and pool in Uruguay

Sale Price

$2.5 million

This property consists of two boxy, stand-alone houses on a little over an acre in a luxury resort development in Uruguay called Fasano Las Piedras. The resort, with an area of 1,200 acres, is near the beach town of La Barra and about a 10-mile drive northeast of the city of Punta del Este on the Atlantic coast.

La Barra, like the Punta del Este region in general, is known for its night life. The international airport is a 30- or 40-minute drive away, and there are shops and restaurants close to the house by car.

Property purchases in Uruguay are subject to several taxes, including a property transfer tax, which is, on average, 0. …

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