Trendier destinations this year include Cuba, Argentina, Costa Rica and Punta del Este, Uruguay.
Still other hotel condo projects are planned in Punta del Este, Uruguay and Cartagena, Colombia.
Punta del Este lies just to the east with white sands and a turquoise ocean.
Alto de la Ballena was the first producer to build a winery near Punta del Este, back in 2008.
Time spent in Punta del Diablo is time spent on the beach, rather than party-hopping, as it is in Punta del Este.
Other projects currently under development include the Trump Tower Manila, the Trump Tower Punta del Este and Trump Towers Pune.
Half an hour from Punta del Este, the beach town of Jose Ignacio attracts American movie stars, supermodels, European industrialists and others seeking privacy.
Punta del Diablo also is situated about 175km from flashy Punta del Este, where the stylish set from bordering countries like Argentina descend to party during the summer.
The combination of high temperatures and high humidity between January and March sends most locals running to the coastal town of Mar Del Plata or the nearby Uruguayan beach resort of Punta Del Este.
Punta del Este, an hour and a half from Montevideo, has condominiums and high rises lining the beaches that reach out into the water, with the Rio de la Plata on one side and the Atlantic Ocean on the other.
Organized 11 years after MINEPS II, MINEPS III (Punta del Este, Uruguay, 1999) showed itself to be vital for gauging the progress made, cataloguing the difficulties and constraints encountered and setting new aims, especially for the first decade of the third millennium.
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