Charming Colonia Is Uruguay’s Fastest-Growing Safe Deposit Box

Patrick Archer aruba, foreign investment, hotels & casinos, real estate, tourism, uruguay

The surge in Argentine bank deposits in Uruguay made front page news last week and should come as a surprise to no one who has followed the impact of Argentine currency controls on everything from new construction to existing property sales to outbound tourism. The surprising part of the story is exactly where those funds are being deposited in Uruguay. …

Foreign Ownership Of Uruguay Farms Up 300% Since 2000

Patrick Archer agribusiness, foreign investment, real estate, uruguay

New census data out this week from Uruguay’s leading ag agency shows the number of foreign investors buying Uruguay farmland and the average farm size both rose rapidly over the past decade. The Uruguay Ministry of Cattle, Agriculture and Fishing (MGAP) released the 2011 Farming General Census yesterday, and the percentage of Uruguayans owning farmland has fallen to 83% from …

Uruguay Farmland Rental Revenue Rises Over 500% In A Decade

Patrick Archer agribusiness, average prices, foreign investment, uruguay

The Uruguay Ministry of Cattle, Agriculture and Fishing just released their annual survey of Uruguay farmland lease contracts, and the report sheds some light on which Uruguay departments are the most active, the most expensive and the most profitable for investors. Many new investors in Uruguay farmland choose to immediately turn around and lease out their farms, a smart strategy …

Uruguay Farmland: A Turnkey Global Investment In A Transparent Market

Patrick Archer agribusiness, aruba, average prices, foreign investment, real estate, uruguay

Part of the wonder of tiny Uruguay is the wide range of topography and crop diversity. If Uruguay were a US state, it would rank somewhere between Florida and Missouri in terms of total land mass: 68,000 square miles. Despite its size, Uruguay boasts a laundry list of farmland producing commodities shipped around the world: soybeans, wheat, rice, cattle, sheep, …

Colonia Real Estate Soars Thanks To Uruguay Workers & Foreign Visitors

Patrick Archer aruba, foreign investment, real estate, uruguay

Rental rates for homes and apartments in Colonia del Sacramento are reaching record heights, according to a new article from Eduardo Barreneche and Pedro Calvijo of El Pais. The construction of Montes del Plata’s US$2 billion paper mill in the northern Colonia town of Conchillas has prompted an influx of thousands of employees living in Colonia del Sacramento and Carmelo. …