Argentina Real Estate Auctions Open Avenue For Peso Buyers

While the new construction market in Argentina was the first to adapt to the new reality of peso-denominated transactions, the existing property market has remained firmly rooted in suelo de dolares. The majority of sellers either hold out for buyers with dollars or shelve their listings. While potential buyers with pesos have limited options in today’s existing property market, Argentina …

Uruguay Dairy Cattle Exports Rise to Meet China’s Middle Class

The visitors from Uruguay spent six weeks making the ocean voyage to China. After 12,000 miles at sea, their ship docked at the Port of Xiamen, and the Chinese press were there to greet the long-awaited new arrivals: Uruguay dairy cows. China Modern Dairy, the country’s largest dairy-farming company spent US$12 million for the 4,200 Uruguay Holsteins, a record-breaking transaction …

“Oasis Verde”: Buenos Aires Short-Term Rental Properties

The lead story in today’s iProfesional describes the “oasis verde” that Buenos Aires property owners have discovered by renting their residential properties to foreigners here for business, school or sheer pleasure. As we’ve chronicled since January, the dollar drought prompted by currency controls forced the majority of BA sellers to pull their listings and lock-in pesos with one and two-year …

Expo Real Estate In Buenos Aires Will Feature 400 New Projects

The 2012 edition of Expo Real Estate is underway in Buenos Aires, and the annual event should be a good barometer of market sentiment and developer willingness to unveil new residential projects during this period of currency controls and double-digit annual decreases in Argentine real estate closings. Always one of the most anticipated events of the year, Expo Real Estate …

Paraguay Real Estate Attracting Record Foreign Investment

Our Southern Cone neighbor, Paraguay, is attracting record levels of real estate investment according to Asuncion’s La Nacion. “Argentines and Uruguayans Lead Real Estate Investments” is the headline of Viviana Miranda’s article and interview with several Paraguay real estate professionals. “Each year, the number of foreigners looking for new markets in the real estate sector grows. The Europeans have already …