Punta Carretas

Montevideo's prestige peninsula, Punta Carretas: the lighthouse, golf club and Punta Carretas Shopping, a wealth-preservation play

Updated May 25, 202612 min read

About Punta Carretas

Punta Carretas is Montevideo's upscale peninsula barrio: diplomatic residences and golf-club frontage blend with the Faro de Punta Carretas lighthouse headland and one of the city's main leisure anchors, Punta Carretas Shopping (built around the former penitentiary), all along the Rambla. Premium-priced with limited new supply. For investors, Punta Carretas is a wealth-preservation and safe-haven play: premium pricing compresses gross yields to ~4.2–5.5%, with prestige and stability the draw. Uruguay's fully equal foreign-ownership regime keeps acquisition simple, the market is USD-priced, and residency runs via the 183-day-presence route or, for HNW buyers, the new ~US$2M real-estate threshold (raised 1 Jan 2026).

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Location

Punta Carretas in Montevideo, Montevideo, Uruguay

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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