Luxury Real Estate Sales Continue to Boom in Punta del Este, Uruguay, Despite Global Crisis

PUNTA DEL ESTE, Uruguay - Award-Winning ACQUA building celebrates the end of the 2009 summer season with a record USD $ 7,300,000 sale

While property prices in destinations like Europe and North America have been deeply affected by the global financial crisis, luxury real estate in this renowned South American getaway remains exceptionally strong. As befits Punta del Este’s newest and most exclusive development, the highly anticipated Acqua building closes the summer season with a record-setting USD $ 7,300,000 penthouse sale, while continuing to attract savvy international investors.

The sprawling 18,500 square feet Penthouse features exquisite finishes and breathtaking interiors conceived by famed architect Rafael Vinoly, the brilliant mastermind behind Tokyo’s International Forum. The four-bedroom property includes an 800-square foot master suite, its own private infinity swimming pool, plus multiple sundecks overlooking the pristine Uruguayan coastline.

About Acqua: Punta del Este’s finest architectural marvel offers exclusive beachfront living at its most majestic: a combination of endless blue sky, exceptional sunlight, rippling water and distant vistas. Each of the building’s private residences features superb finishes and advanced engineering touches, including exterior Jura stone facade encrusted with aquatic fossils, 12 feet of floor-to-ceiling space, and swimming pools that seem to float in the air as if defying gravity. The refined property boasts residential charm and comfort, while integrating all the amenities you’d expect from a world-class resort. Residents enjoy benefits such as access to the trendy Acqua Beach Club, Acqua Spa, private gym and an outdoor, nearly Olympic-size infinity pool immersed in a garden surrounded by a century-old pine forest.

For more information, contact Alejandra Saggese: +598-9885-2408, asaggese@acqua.com.uy or visit www.acqua.com.uy

Source: Odelis S.A.

Alejandra Saggese, Odelis S.A., +598-9885-2408, asaggese at acqua.com.uy