6,600 m² plot with residential development potential – Punta del Este

Excellent opportunity for developers in one of Punta del Este’s fastest-growing and most transformative residential areas.

Located on Puerto de Palos Street, in an area bordered by Jardines de Córdoba, Marly, and the city’s new residential expansion zones, this approximately 6,600 m² plot offers a combination that is increasingly difficult to find: sufficient scale for a residential project, a green and peaceful setting, excellent connectivity, and proximity to the main services required for year-round living.

The area is undergoing a significant consolidation process, driven by new residential developments and growing demand from families seeking to settle in Punta del Este in low-density areas close to schools, sports centers, supermarkets, healthcare services, and the main routes connecting to Punta del Este, Maldonado, and La Barra.

Given its size and applicable regulations, the property is particularly attractive to a mid-scale developer interested in creating a residential complex of contemporary homes with private gardens, green spaces, and a concept aimed at the permanent-housing market.

Current regulations permit detached or semi-detached dwelling units, establishing a minimum land area for developments of 1,000 m² per detached unit or per pair of semi-detached homes. Considering the property’s approximately 6,600 m², there is potential to study a development of up to six pairs of semi-detached homes, equivalent to a theoretical maximum of 12 units, subject to the relevant preliminary design, site layout, and approval by the Maldonado Municipal Government.

For this type of construction, the maximum permitted height is 7 meters, with development on the ground and upper floors. For plots larger than 1,000 m², regulations establish a ground coverage ratio (FOS) of 20% and a total floor area ratio (FOT) of 40%, which, for this surface area, represents approximately 1,320 m² of maximum ground-floor coverage and approximately 2,640 m² of total buildable area.

This relationship between land area, construction capacity, and low density allows for the conceptual planning of a residential product of excellent scale, with spacious homes, private gardens, and a strong presence of green areas, while preserving the residential characteristics that distinguish this sector.

More than a land reserve, this is an opportunity to develop a project designed for the new Punta del Este: residential year-round, connected, safe, surrounded by greenery, and close to schools and services, in an area that continues to gain infrastructure and new developments.