Uruguay · MaldonadoRaising capital

Four homes for sale · Punta Colorada 2

4 homes for sale

An approximately 1,000 m² coastal plot, four homes of about 70 m² each and the sale of completed units.

Request information

Project budget: $612–679k
Investor entry: from $50k
Project timeline: about 20 months
Project ROI: 12.2–23.4%*
Annualised return: 7.2–13.5%*
Format: 4 homes for sale

Project

Acquire an approximately 1,000 m² plot in Punta Colorada, build four separate homes of about 70 m² and sell each as an individual PH unit. Each home is planned with two bedrooms, an open-plan living area, bathrooms, a private yard with parrillero and parking.

Project materials

Location and land

Punta Colorada, Piriápolis, Maldonado Department. Target plot: 900–1,100 m², frontage from 18 m and up to 600 m walking distance from the sea. Piriápolis is about 7 km away; partner materials indicate about 25 minutes to Laguna del Sauce Airport and about 40 minutes to Punta del Este.

Budget

Item	Base · $1,500/m²	Target · $1,300/m²
Land	$105,000	$105,000
Transaction · 9%	$9,450	$9,450
Construction · 280 m²	$420,000	$364,000
Architect and permit · 7%	$29,400	$25,480
Utility connections	$16,000	$16,000
Fences, parrilleros and landscaping	$20,000	$20,000
Insurance and taxes	$3,000	$3,000
Contingency · 7%	$29,400	$25,480
PH registration and plans	$8,000	$8,000
Marketing and sales	$6,000	$6,000
Construction management · 5%	$32,312	$29,120
Total	$678,562	$611,530

ROI

Project return

The model assumes four sales at $200,000 each. After the 3% broker fee plus IVA and a 10% management fee on profit, projected investor profit is $82,942–143,271.

Gross sales: $800,000
Investor profit: $82,942–143,271
Project ROI: 12.2–23.4%
Annualised return: 7.2–13.5%
Break-even: $159–176k per home

*All figures are projections based on local partner materials. This is not a public offer or a guarantee of returns.

Key risks

Sale price below plan

$200k is the model’s lower bound; break-even is $159–176k per home.

Construction cost increase

7% contingency and a fixed contractor quotation before work starts.

Permits

Written confirmation for four homes from the Intendencia before land purchase.

Slower sales

Pre-sales during construction; rental remains a fallback.

Plot sells first

Source a comparable plot and repeat due diligence.

To confirm before closing

✓ Permitted number of homes
✓ Water, electricity and site conditions
✓ Final tax-inclusive contractor quotation
✓ Legal structure and distribution waterfall
✓ PH plan and sales schedule

Full package on request

The project manager provides the cost plan, land checks, legal structure and funding schedule.