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4306 sqft
Real estate in El Chorro
The Maldonado region of Uruguay, specifically El Chorro, is a hot spot for international real estate enthusiasts and prospective homeowners. If you've been seeking the perfect home for sale or hunting for a rental property, in a breathtaking location that boasts clear beaches and stunning natural scenery, then El Chorro should be your first port of call. Renowned for its charming chalets and villas embedded amidst verdant landscapes, El Chorro has earned a delightful nickname "Pueblo Verde" or "Green Village" due to its lush aesthetic and idyllic surroundings. Before you commence consultation with local real estate brokers, take time to ascertain the dynamics of the property market in El Chorro. Understand what kinds of properties are currently on the market, their selling prices, and the potential investment benefits of owning a vacation home in such an exquisite location. This vibrant village offers a diverse range of real estate opportunities, from traditional villas to modern condominiums, all echoing the serenity of the village's setting. Whether you're searching for a family home or an investment property, El Chorro has something to suit every need and budget.
El Chorro properties: Market trends overview
The property market in El Chorro, Maldonado, Uruguay has been witnessing a consistent rise in values, drawing attention from offshore investors and homebuyers, particularly from Northern Europe, the UK, Germany, and North America. El Chorro's picturesque coastal location offers a striking balance between peaceful living and an energetic getaway, owing to its array of leisure centers and golf courses, and efficient transport links to the dynamic city of Montevideo. El Chorro boasts a lively seaside backdrop, rich historical traditions, and a superior quality of life. In recent times, El Chorro's administration has pumped more funds into the town's expansion, providing a multiplicity of real estate choices for both local and international property seekers. These include contemporary townhouses, flats, modern chic villas, traditional farmhouses, and luxury penthouses. The availability of property and apartments for sale in El Chorro, Uruguay to accommodate all budgets and lifestyle preferences makes this charming town extremely appealing to overseas buyers, similar to the welcoming nature of Mijas, Spain.
Average price of a property for sale in El Chorro
What's the current market rate for properties in El Chorro, Maldonado, Uruguay? As with any region, the answer varies significantly based on numerous variables ranging from the type of property, its closeness to key locations and beaches, amenities offered, and individual choices including luxury features, size, and convenience, among others. Recent data reveals that the peak listed price for properties in El Chorro was UYU 86,549 per square meter. The priciest properties are typically found in the central region of El Chorro. On the flip side, the most economical property prices, averaging at UYU 63,873 per square meter, can be found in the outskirts of this region. As of now, the typical listed price for a home in El Chorro is hovering around UYU 18,394,760.
Types of properties can you find in El Chorro
El Chorro, Maldonado, Uruguay real estate provides a varied selection of properties, including condos, luxury lofts, premium beachfront estates, and traditional Uruguayan ranch-style homes. The most desirable property for sale is situated in a secure residential community. You can find 3-4 bedroom condos with expansive balconies and two-story homes. Uniquely, these homes have their own entrance and each floor boasts large balconies and its own kitchen. Alternatively, you can choose a brand-new estate located in an exceptional location in El Chorro, Maldonado, Uruguay, with magnificent views of the ocean, within a short walk to the beach, making it a perfect place to reside.