Uruguay Embraces Pro-Construction Policies

Patrick Archer foreign investment, real estate, tourism, uruguay

After the U.S.’s $787 billion Grow Government package which Harvard essentially labeled a failure, it’s refreshing to hear about a stimulus package that could actually create jobs, promote development and provide some much needed housing. Montevideo’s LR21 reports today on the Uruguay government’s decision to promote a series of fiscal stimulus measures to incentivize private investment in the construction of …

Polo’s Appeal Broadening to New Fans, Countries

Patrick Archer argentina polo, arts & entertainment, lifestyle, tourism

It may be winter here in Argentina, but the world’s polo elite continue the 2010 tour on the Northern Hemisphere fields of the U.S. and England. And if there’s a common theme we’re seeing on this year’s circuit, it’s the continued marketing maturation and well-coordinated attempts to broaden the game’s appeal to a much wider audience. First it was the …

Hogar Dulce Hogar: Buenos Aires Homes Holding Value

Patrick Archer aruba, foreign investment, real estate

While most of the analysis and data in our Real Estate channel centers on apartments and condominiums, La Nacion reminds us of the often overlooked values lurking in neighborhoods throughout Buenos Aires: homes. Patient and discriminating househunters can often find attractive, reasonably-priced homes scattered in and around the multiple new construction mid-rises in BA. When considering the purchase of an …

“Virgen Extra”: Argentina Olive Oil Investments

Patrick Archer agribusiness, entrepreneurs, foreign investment, wine & vineyards

Of all the agribusiness investment opportunities in Argentina and Uruguay, olive oil estates are some of the youngest and most promising. Increasingly health conscious consumers in foreign countries are stoking global demand for olive oil which has tremendous health benefits including heart disease protection and colon cancer prevention. Industry publication Olive Oil Times says Argentina has capitalized on growing demand …

City of Buenos Aires Construction Activity Rises 10%

Patrick Archer average prices, foreign investment, real estate

Recent headlines regarding Buenos Aires real estate sales activity have been improving steadily this year, and La Nacion says builders are starting to feel equally optimistic. During the first five months of 2010, the construction industry posted a 10% increase in new projects under development, while the sale of condominiums and single-family homes advanced 7.1%, according to the Universidad Argentina …