Boom Of Argentine Exporters Opening Offices In Montevideo

In the latest chapter of crisis argentino creating oportunidad uruguaya, Argentine service export companies are rushing to open offices in Montevideo in order to circumvent currency controls and ultimately boost their bottom lines by over 50%. Companies Exporting From Uruguay To Avoid Exchanging At the Official Rate is the headline of Mariano Gorodisch’s expert analysis in Cronista which summarizes several …

New Report Sheds Light On Montevideo Real Estate Prices

The average price of Montevideo residential properties for sale rose 9% last year while properties for rent climbed 7%, according to a new report from a local consulting firm, Valora. The report says the average price per square foot for Montevideo condominiums is US$190 with prices as low as $111 per square foot in barrios like Goes, La Comercial and …

Buquebus Awaiting Approval For New Montevideo Megaport

An ambitious new megaport project in Montevideo which received municipal approval three years ago is still awaiting approval from the National Port Authority (ANP). According to El Pais, the phenomenal growth in the number of ships arriving in the Port of Montevideo in recent years prompted Buquebus to search for undeveloped parcels where the ferry operator could build a new …

BA, Montevideo Among Top 10 Latin American Hotspots

MasterCard released their annual Global Destination Cities Index today, and both Buenos Aires and Montevideo rank among the Top 10 Destination Cities in Latin America. The third annual ranking and forecast of international visitor arrivals and expenditures in 132 cities worldwide predicts the Top 10 Latin American destination cities will receive 15.4 million international visitors in 2013. By city, the Top …

Uruguay Real Estate Expo To Showcase Over 200 New Projects

Montevideo, the capital city of Uruguay and Culture Capital of Latin America, becomes the regional real estate magnet this week when it plays host to the First Annual Uruguay Real Estate Expo. Uruguay Real Estate 2013 begins this morning and runs through Saturday at the Laboratorio Tecnologico del Uruguay (LATU). The event is expected to draw thousands of real estate brokers, …