Real Estate
View this page in: Español The year 2004 marked the beginning of a growth stage in Uruguayan real estate. Price increases of up to 40% in real terms over the next 10 years are forecasted for the sector. Due to the higher population concentration and greater relative development, 48% of real estate sales occur in the departments of Montevideo and Maldonado.Experts believe now is the best time to invest in real estate given the price increases and the low yields offered by alternative investments. In light of this situation, local and foreign investors have expressed growing interest to invest in real estate projects in the region.
Challenges
In today’s changing world the innumerable challenges faced by operators in the real estate market are increasingly complex.
Specific areas of activity, such as development, administration, financing and property structure of real estate undertakings offer unique questions that require specialized expertise.
Investment and financing instruments, market conditions and tax regulations vary within a context of changing events that occur nationally and internationally resulting in a business environment where solid and timely answers to problems are of crucial importance, yet are difficult to find.
Solutions from PricewaterhouseCoopers
Our real estate services consist of integrated consulting for the sector, ranging from investment feasibility studies and development and control of real estate undertakings to all services that assure the investor that risks have been mitigated and investment yields are appropriate. We focus on appropriately valuing company real estate assets, reducing administration costs and optimizing the use of real estate portfolios. Real estate services include the analysis of technical, legal, administrative, tax, financial and auditing aspects needed for all real estate operations.
Our professionals have in-depth knowledge of diverse aspects of the changing real estate market and its cycles as well as the manner in which the sector can be affected by economic factors. We advise various kinds of organizations on space usage strategies and have been trained to offer the best solutions to minimize occupied spaces and real estate costs.
