New in May 2025, oceanfront, sea views, 3 bedrooms and pool

Outdoor areas:

• Wooden deck with a fully equipped barbecue grill
• Upstairs terrace with a portable grill
• Pool
• Garage for two vehicles
• Walkable rooftop with space for a roof garden

Features:

The selection of materials and finishes provides warmth, light and spaciousness, with a modern aesthetic and amenities for year-round living. The project offers privacy, security and a connection with nature, in an area of Punta del Este close to all services.

Payment terms:

• 5% upon signing the preliminary purchase and sale agreement
• 45% once the trust has been established
• 10% at the start of construction
• 40% over the 10-month construction period, in monthly payments of 4%; first payment 30 days after construction begins

General specifications:

Architectural design and construction:

• Traditional construction
• 12 cm ticholo brick wall with interior gypsum board
• Reinforced concrete slab on reinforced concrete foundation beams
• Intermediate floor and roof of joists and hollow blocks with a compression layer
• Suspended gypsum board ceiling
• Aluminum frames with double-glazed DVH glass and mosquito screens
• Interior wooden doors
• High-efficiency wood-burning stove
• Porcelain tile wall and floor finishes with MDF baseboards
• Bathroom sanitary ware, faucets, wall and floor finishes in porcelain tile, and cabinets with countertops
• Kitchen equipped with cabinets, countertop, cooktop, oven and range hood
• Air-conditioning units and water heaters
• Lighting fixtures
• Outdoor area with CCA-treated pine deck and fully equipped barbecue grill
• Parking area and pedestrian entrance paved with crushed stone
• Pool with wooden deck solarium
• Home automation
• Internal access road to the homes paved with cobblestones

Appendix:

In Uruguay, a real estate trust is a legal structure used to finance and manage construction and real estate development projects. A person or entity, known as the settlor, transfers ownership of land or property to a trustee, who manages the project for the beneficiaries.

Beneficiaries may be investors who contribute funds for the development, buyers of the units or any other person designated in the trust agreement. The trustee is responsible for the actions needed to carry out the project, such as hiring builders, obtaining permits and licenses, and marketing the units.

Advantages of the trust:

• Greater legal security for investors and buyers
• Separation of the trustee’s assets from those of the settlor and beneficiaries, providing greater protection in the event of financial or legal problems
• Greater transparency, as the trustee must report to the beneficiaries
• Flexibility in the financial structure and investor contributions

Real estate trusts in Uruguay provide legal security, transparency and flexibility in the management and financing of real estate projects.

Internal reference: Tera-39735