Luxury travel and tourism is booming here in Argentina, Uruguay and other corners of Latin America, and this week’s 2011 International Tourism Fair showcased some of the region’s most beautiful destinations. Over 1,700 exhibitors and tens of thousands of visitors were on hand for the four-day turismopalooza held at La Rural in Buenos Aires.

As always, Argentina’s travel wares were on full display in the main pavilion. After decades of squandered opportunities, the host nation is finally realizing its full potential as a tourism magnet now reflected in the record number of inbound touristsinternational flights and cruise ships coming to Argentina. Now the#1 preferred travel destination for neighboring Brazilians, Argentina used FIT to showcase the natural beauty of the interior. Salta, Mendoza and Bariloche had three of the most impressive booths at FIT 2011.

Brazil, the number one travel destination for Argentines traveling abroad, also had enough exhibitors to fill an entire pavilion with green-and-yellow-Embratur eye candy. Brazil’s tourism agency capitalized on the FIT media frenzy to announce the 12 host cities for the 2014 World Cup. According to Brasilturis Jornal, Brazilian exhibitors were seeking to lure foreign visitors to Brazil with more than just Sol e Praia (Sun and Beach).

Perennial InvestBA favorite Uruguaya case study in tourism growth, represented “the 598″ in full force at FIT 2011 with beautiful panoramic vistas of Maldonado, Rocha and Colonia. APROTUR presented Destination Piriapolis to showcase one of the country’s most affordable waterfront destinations. Featured this month in International Living, Piriapolis is beginning to attract more foreign investors seeking an unspoiled destination along the Tango Coast.

For more information about luxury travel destinations in Argentina and Uruguay, download the new issue of InvestBA Privada.

Expo FIT America Latina 2011

FIT 2011 will showcase 1,800 exhibitors from 45 countries. (Click image for more information.)

Tourism is big business these days here in the Southern Cone, and all eyes are on BA for this weekend’s 2011 Latin America International Tourism Fair (FIT). The annual event attracts over 1,700 exhibitors including travel agents, hotel chains and tour operators from 45 countries in Latin America and beyond. The Expo is divided into four key areas to balance the exhibitors geographically: Argentina, Brazil/Uruguay, Latin America/Caribbean and International.

As always, Argentina’s travel wares will be on full display in the main pavilion. After decades of squandered opportunities, the host nation is finally realizing its full potential as a tourism magnet now reflected in the record number of inbound tourists, international flights and cruise ships coming to Argentina. Now the #1 preferred travel destination for neighboring Brazilians, Argentina will use FIT to showcase the natural beauty of destinations like Bariloche, Cordoba, Mendoza and Salta.

Brazil, the number one travel destination for Argentines traveling abroad, will occupy an entire pavilion filled with Embratur eye candy. Brazil’s tourism agency will capitalize on the media frenzy FIT generates to announce the 12 host cities for the 2014 World Cup. According to Brasilturis Jornal, this year Brazilian exhibitors are seeking to lure foreign visitors to Brazil with more than just Sol e Praia (Sun and Beach).

Perennial InvestBA favorite Uruguay, a case study in tourism growth, will also represent “the 598″ in force at FIT 2011. APROTUR will present Destination Piriapolis to showcase one of the country’s most attractive and affordable waterfront destinations. Featured this month in International Living, Piriapolis is beginning to attract more foreign investors seeking an unspoiled destination along the Tango Coast.

For more information about unique travel destinations in Argentina and Uruguay, download the new issue of InvestBA Privada.

Gasalla Inmobiliaria InvestBA

The new partnership benefits foreign buyers interested in Punta del Este and surrounding beaches.

The news from the beaches of Uruguay is impressive: US$100 million in real estate sales per month in Maldonado, the Department encompassing Punta del Este, Piriapolis, La Barra, Jose Ignacio and some of our other favorite destinations in coastal Uruguay. The demand for commercial and residential properties is rising along with the number of Americans, Canadians and Europeans seeking the stability, transparency and appreciation Uruguay offers.

As a leading resource for foreign investors seeking investment properties in Argentina and Uruguay, InvestBA is always looking for local partners who can help us identify properties that meet the needs of foreign buyers. Last year we partnered with Mercosur Inversiones in Montevideo and today we are pleased to announce our partnership with one of the most well established and respected brokers in coastal Uruguay, Gasalla Inmobiliaria.

With offices in Punta del Este and Piriapolis, Gasalla Inmobiliaria is a boutique brokerage of talented professionals with decades of experience buying and selling real estate throughout Maldonado. The partnership will give InvestBA buyers access to a wider range of properties in Maldonado ranging from condominiums and beachfront homes to undeveloped lots, farms and commercial properties.

In turn, Gasalla Inmobiliaria clients and property sellers gain greater visibility with foreign buyers who turn to InvestBA and InvestBA Privada when looking for Uruguay real estate. Whether buying or selling, InvestBA and Gasalla Inmobiliaria look forward to assisting you in Maldonado. (Contact)

La Paloma Uruguay Oceanfront Chacra

InvestBA is pleased to feature this sprawling beachfront chacra in Uruguay built on the most coveted parcel in La Paloma, an oceanside gem thirty-five miles northeast of Punta del Este on the Atlantic Coast. Even though it is located on the East Coast, the view orientation of this home is toward the south and west making for incredible sunset views over the half moon bay in your backyard. The only other stretch of Uruguay’s East Coast with these views is Jose Ignacio, site of the most expensive land and homes in all of Uruguay. Yet unlike Jose Ignacio, La Paloma is undeveloped, uncrowded and 100% natural.

Spread out over 2.6 lush acres, this home is really three separate, elevated chacras connected by an intricate system of wooden decks, stairways and bridges. The six-foot elevation allows for panoramic views from anywhere on the property, and guests can float freely and gather upstairs at one of the many lounge areas or downstairs for an asado at the beachside quincho. Only the finest materials were used in the construction of this luxurious chacra including Brazilian wood floors, marble counters, hand-carved doors, Paraguayan wood decking and perfectly-aged thatch roofing. Beautiful custom wood furniture adds to the charm of the indoor and outdoor spaces.

The main house features the living room, dining room, full bar, billiards, kitchen, breakfast nook and guest quarters. The second house or Master Suite features the master bedroom, master bath with jacuzzi, walk-in closet area and the home office with Hi-Speed Internet. The third house or Guest House has 3 bedrooms, 2 bathrooms and sleeps 8 comfortably. The ground floor of the Main House has an extra bedroom, two-car garage and workroom/storage area.

Outdoor amenities include the quincho, outdoor showers, two BBQ areas, horse stables, an organic garden and direct beach access. Permits allow for construction of additional square footage like a second home or boutique hotel on this one-of-a-kind, oceanfront parcel.

Price: US$3,500,000

Purchase Inquiries

USA: 1.772.933.HOME (4663)
ARG: 5411.5486.2585
email: home@investba.com
skype: InvestBA

Casa Presidencial Punta del Este

SOLD: Banco de la Republica is buying the home and the entire triangular parcel in Punta del Este.

As the most powerful man in Uruguay, you’ve got to think a few presidential perks come along with the office. No waiting at La Silenciosa, express check-in at Carrasco, maybe your very own chivito at La Pasiva for starters.

How about a nice vacation home in Punta del Este? It turns out Jose Mujica and his presidential predecessors have all had such a coastal retreat at their disposal, but most of them have never used it.

The infamous residence on Roosevelt Avenue was originally built by an Argentine businessman who in turn gave it as a gift to then-President Luis Batlle Berres in 1948. Over the ensuing sixty-three years, most Uruguayan presidents have shunned the residence opting instead to vacation with family and friends. Marcelo Gallardo of El Pais says every incoming administration has waffled over selling the Punta home, until newly-elected Mujica took office.

Last February, the Casa Presidencial Esteña hit the market, and sixteen months later a buyer was found. La Gaceta says Banco de la Republica is buying the presidential home plus two other adjacent properties for US$2.7 million. The bank plans to transform the property into offices and open a Cultural Center, presumably to commemorate the Punta Presidential Palace that sat empty for the better part of six decades. (Full Story in Spanish)

For more information about unique destinations and investment opportunities along the Tango Coast of Uruguay, check out the new issue of InvestBA Privada.

 

Bariloche

Mendoza

Uruguay

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