The 2009 Argentina Real Estate Expo concluded yesterday after a three-day run in Buenos Aires. This is the third year La Nación has put on the event, and the number of attendees, exhibitors and sponsors continues to grow annually. As expected, there were several major developers and brokers on hand promoting a variety of projects including mid and high-rise condos in Buenos Aires, gated communities with golf courses and polo fields in the Province of Buenos Aires and luxury waterfront developments along the Tango Coast including Mar del Plata and Punta del Este.

E-mail re@investba.com for more information about individual projects presented at this year’s Expo. If you were unable to attend this year’s event, please enjoy the YouTube video above.

More Americans and Canadians discovering Punta del Este Uruguay

Beachside view of beautiful Punta del Este, Uruguay - Photograph by alineartwork on Flickr

NuWire Investor pulls back the poolside cabana curtains and lets foreign investors in on a South American secret: Uruguay Real Estate, Why Its The Perfect Location for Expatriates. NuWire first describes Punta del Este’s “affordable real estate, a remarkably high standard of living, and a party season each summer that transforms the town into a prime spot for South America’s rich and famous,” then shares the personal travelogue of DailyWealth Editor Steve Sjuggerud.

The U.S.-based investor explains how banking and tax laws have helped make Uruguay the second-richest country in Latin America. While traveling around Punta del Este, Sjuggerud finds affordable schools, housekeepers, country clubs and several seaside cottages for under $200,000. He says it’s only a matter of time before more American, Canadian and European buyers begin to discover this gem on The Tango Coast:

“In short, Punta del Este is the perfect location for expatriates. It’s cheap, easy to reach, and the quality of life is unbeatable, even in America. Best of all, there’s going to be a property boom here as money flees from the bankrupt governments in America and Europe.” Indeed.

For more information about investment opportunities in Argentina and Uruguay, download IncomeBA and the new issue of InvestBA Privada.

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An aerial view of Puerto Madero. The 3rd Annual Salon del Mercado Inmobiliario begins today in BA.

Alas, the waiting is over. The Salon del Mercado Inmobiliario, one of the largest real estate Expos in Latin America, kicks off today in Buenos Aires and runs through Thursday. In the adjacent video, Adriana Anzillotti, Properties editor for La Nacion gives an overview of the 3-day event and tells attendees what they can expect.

“The important date has finally arrived for La Nacion, for real estate and for the public. We have the Expo and we have the Guest Speakers like Stan Greenberg, Eduardo Constantini and Marcelo Arguelles. Some very relevant names are going to be there as panelists, they’re going to share their knowledge and, of course, they will help us reflect on recent developments. The focus of the Expo is real estate, everything that has to with the construction industry.”

Stay tuned. More images and videos from the Expo will be uploaded as the week unfolds. It’s a big week in BA, as the World Business Forum is also underway across town.

For more information about Buenos Aires real estate, download the new issue of InvestBA Privada.

Catena Zapata

The Washington Post traces the rapid rise of Argentina's wine industry (Catena Zapata Photo: Juan Gauna)

The Washington Post traces the rapid rise of Argentina’s wine industry from the 1980′s ”pretty dormant, low-end and geared toward domestic consumption” to today’s vibrant export model with award-winning Malbecs and other local varietals increasingly gaining market share abroad.

Argentine vintner Nicolss Catena is described as “the founding father of modern Argentine wine,” and he drew inspiration for his home country from the United States and Napa Valley’s competitive transformation during the 1980′s.

Catena returned to Argentina and challenged the industry status quo by experimenting with new planting techniques, vineyard management and a relentless pursuit of perfection. It paid off.

From a single vintage in 1990, the Post says the rest is wine history, “Catena’s discovery launched Argentina’s wine boom and lured a horde of French and American winemakers to Mendoza to plant and make Malbec.” (Full Story)

For more information about Argentina wine and vineyards, download the new issue of InvestBA Privada.

Downtown Buenos Aires featured in an article on travel bargains in today's New York Times

Downtown Buenos Aires featured in an article on travel bargains in today's New York Times

Travel writer Michelle Higgins gives New York Times readers a sweeping vista of the myriad bargains awaiting adventure seekers throughout Latin America. (Full Story)

Buenos Aires gets extra ink and eye candy considering the sharp price reductions on lodging and dining in the wake of the flu scare earlier this year. Cold and flu season is over in BA, but the bargains remain.

Meals are often half the cost of their European counterparts,” Higgins writes, “hotels are generally more luxurious than what you would get for the same money in the States, and spa treatments and other private services are so affordable you feel good about splurging.”

And while the dollar may be taking it on the chin vis-a -vis the euro, the dollar is faring about 20% better versus the Argentine peso than one year ago. For those contemplating a longer-term stay, Buenos Aires and Montevideo, a market NuWire Investor recently described as “first world luxury with third world prices” are two of the most livable cities in South America.

For more information on Buenos Aires and Montevideo luxury living, download InvestBA Privada.

 

Bariloche

Mendoza

Uruguay

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