The historic summer house from the mid-1900s in which the Argentine businesswoman Amalia Lacroze de Fortabat spent his vacations in east point it will become in a luxury gated community In fact, already with its name, the project appeals to capitalize on that history: it is called Amélie Ocean Residences.
Amalia Lacroze de Fortabat was one of the richest and most powerful businesswomen in Argentina. In 1976, after the death of her husband, Alfredo Fortabat, she took control of Loma Negra, the largest cement company in her country. With an estimated fortune of US$1.8 billionsays the legend that he used to receive any politician who made a pilgrimage to his Palermo mansion with a warning: “More presidents sat in that chair than in Rivadavia’s chair.”
Notorious art collector—among her collection was the Uruguayan artist Pedro Figari—, passed away in February 2012, at the age of 90. In 2007, “Amalí,” as she liked to be called, had sold her cement empire to the Brazilian group Camargo Correa for more than $1 billion.
The real estate venture will be developed on the land, of almost 2 hectares, where is the emblematic mansion aldebaran. The house, located within the neighborhood El Golf and on Laureano Alonso Pérez avenue and Del Agua street, in one of the most exclusive areas of Punta del Esteis one of the historic houses built in the 1940s by Arturo DubourgArgentine architect who designed one of the most emblematic neighborhoods of the Uruguayan seaside resort.
“The famous house is on a property of 19,000 square meters (m2). The idea is to preserve the residence and put it in value. For this reason, we are selling the two lots where the house is located together,” explained Mauro Naddeo, a partner at the developer Costal Developments.
The developer bought the land a year ago for a price close to US$6 million. It is about his landing in Uruguay. “Our main market is Patagonia. With this project, we are reaching Uruguay,” Naddeo remarked.
The new private neighborhood will have 11 lots. A few months ago, the preliminary works and the commercialization of the land began. “They are lots of 1,400 m2 each on average. We have already sold five lots and on Friday we will make the official launch,” added the real estate businessman.
The lots where Amalita’s former residence is located are marketed together for a total value of US$ 1,400,000. “We still don’t have a buyer. Not only is the land for sale, but the house, which needs to be restored,” said the developer.
The house where the former owner of Loma Negra spent every summer has a total of 600 m2. It is simple but has the stamp of its architect, Dubourg: tiled roofs, wooden floors and spacious rooms. It has an internal elevator and category details.
The price of the lots
The lots, with an average of 1400 m2, have a value of US$ 480 per m2. That is, they are marketed at a value of between US$650,000 and US$700,000, depending on their location.
“Our clients seek the tranquility of green areas and the contact with the nature. But we also offer amenities and exclusive services”, indicated the developer.
The exclusive neighborhood of Punta del Este will have 13 m2 private rooms to work or study. Also, with a multipurpose room for social events, a high-rise gym with ocean views and a deal with Mia Beachwhich is only 150 meters from the future Amelié Ocean Residence.
“Our clients are looking for a space not only to spend their holidays. In many cases, it is a public that wants a permanent residence in Punta del Este“, he concluded.
RIPE- The Chronicler
