Originally Posted by 10023
I've heard Punta is sort of the Hamptons for BA/Montevideo, which sounds up my alley.
Will be at a going away party Saturday for an acquaintance who's moving to BA in 2 weeks. Gotta figure out what his plans are down there (he works in private equity here in NYC, probably doing the same there). BA sounds great -- one can buy an apartment in Recoleta for 1/4 what the place would cost here, so if an American banker or has managed to scrape half a million dollars together, one can buy a nice place and relax, just working to earn money for living expenses. I could see myself doing that someday... consider this trip a "trial run".
Yes, it is quiet literally B.A.'s Hamptons!
B.A. is a fantastic buzzling, fantastic city, buy its got its downsides. The folks at International Living call it "Europe at 1/4 the price", well....that's a little far fetched.
Some people live in Colonia, Uruguay 30 mins fast ferry to downtown B.A. only that it is the safest district in the content.
Many more people have a place in B.A. and another in Punta del Este, which if they rent every January or mid December, pays for itself in maybe a decade (there's a shortage of hotels in Punta, and its 100K year-round population soars to more than a million every Summer).
When considering B.A. it's better to think of the River Plate in general.