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No Page Views: 2934 Added: 05/14/2008 Updated: 05/14/2008
Advert ID : 64575
About this 2 - Detached
Mix with the stars! Jose Ignacio is as stylish and fashionable as it gets and most property in the area is seriously expensive. This house is small but what a location! And you can expect excellent rental returns in the season.
JJosé Ignacio is known as much for its laid-back atmosphere and natural beauty as for its celebrity guests, which include designer Ralph Lauren, singer Shakira and model Naomi Campbell. With barely 50 hotel rooms, white-sand beaches and an architectural mix of modest ranch houses and modernist vacation boxes, the town's blend of authenticity and exclusivity is drawing more European and American tourists.
The area started becoming more attractive to foreigners in 2002, when the peso devaluation in neighboring Argentina -- which used to provide the bulk of tourists and spending in the area -- drastically cut demand and forced Uruguayan resorts to lower prices.