The Demolition of the Kennedy Settlement in Maldonado is Completed

We are pleased to share a groundbreaking development that is transforming the real estate landscape of Punta del Este: the recent demolition of the Kennedy settlement and the relocation of its residents have created an unparalleled opportunity to enhance the value of the Golf and San Rafael areas. These exclusive neighborhoods in Punta del Este are on the brink of a price increase, solidifying their status as the benchmark for high-level strategic investments.
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02 de November de 2024
The Demolition of the Kennedy Settlement in Maldonado is Completed

In a historic event for Maldonado, the final demolition of the Kennedy settlement took place, marking an emblematic moment that closes one chapter and opens a new phase of urban development. The demolition was attended by President Luis Lacalle Pou and Mayor Enrique Antía, who oversaw the fall of the last house in the area. With this, the land in front of the exclusive Golf and San Rafael neighborhoods is now ready for new development opportunities.

Kennedy demolition event

The relocation of families from Kennedy to a new and modern neighborhood reflects the commitment of the local and national governments to inclusive development and improving the quality of life for citizens. These families now enjoy dignified living conditions in a planned urban infrastructure, with access to essential services, green spaces, and safer environments.

Kennedy event with local families

This change benefits both families and the urban environment, creating a positive impact on the community and increasing the real estate value of the area, opening up possibilities for high-level projects in a strategic location in Maldonado.

Aerial photo of Kennedy neighborhood demolition

With the transformation of this space, the real estate sector in Punta del Este faces a unique opportunity to bring new projects to life that will continue positioning the area as one of the most exclusive destinations in the region.

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