Profitable Investment Real Estate For Sale in Uruguay
Uruguay is a relatively small country located in South America in terms of land-mass when compared to countries such as Brazil or Argetina that cover significant areas in the South American continent.
Uruguay is bordered by Brazil to the north, Argentina to the west, and The Atlantic Ocean to the east, and the capital of Uruguay is Montevideo, which is world famous coastal city located on the Río de la Plata.
Popular areas of Uruguay with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
