Have you heard about this 233-acre property above Minas, called Sierra Lorencita? For the price of an average home in many parts of the western world, you can have a lot of land that seems to be in a "sweet spot". Roughly in the geographic center between Montevideo, Punta del Este, the Atlantic beaches and the middle of nowhere.
The other things that make it unique are its hill country multi-million-dollar views and springs/streams of pure water that has never run dry. Hydro from waterfalls plus wind and solar could supplement UTE. Big enough that one could subdivide and still have pasture land. I am not a real estate guy but was impressed enough to pass this on.
http://sierralorencita.com/