Neighbors Reject $6.4 Million Bariloche Real Estate Development

Patrick Archer real estate

A proposed real estate development in Bariloche was recently shot down by neighbors from Villa Los Coihues, a community located in the southwestern corner of Bariloche near the Chilean border. ANBariloche says developers were hoping to build a 6.4 million mega-project on the San Marti­n Hill including a gated community, multi-family residential units, tourist lodging and shopping center. Neighbors voiced …

Working in BA and Living in Colonia: The NYC + Hamptons of South America

Patrick Archer foreign investment, lifestyle, real estate, uruguay

An interesting factoid today buried in the final paragraph of an El Pai­s article regarding the strength of the Uruguay real estate market: an average of 10 Argentines per week are moving to Montevideo. Maybe a trickle more than a tidal wave, but a positive trend nonetheless that could reach a tipping point if more Argentines begin to say Basta! to the …

Like New: Argentina Used Car Sales Soaring

Patrick Archer competitiveness, lifestyle

Sales of used cars in Argentina have been on fire this year, as locals continue to look for low-mileage, four-wheel hedges against inflation. According to the Automotive Sales Chamber, 138,707 used cars were purchased in March in Argentina, up 5.4% over the 131,633 sold in March of 2010. With the addition of March sales figures, Argentine dealers sold 422,951 used …

The First LNG-Powered Ferry Comes to Buquebus Next Year

Patrick Archer tourism, uruguay

Buquebus, the Montevideo-based operator of regional flights and international ferry service, will add a new Australian-made ferry to its fleet next year, and industry magazine The Motorship says it will be one of the world’s first large-scale catamarans powered by LNG dual fuel engines. The 324-foot, 1,000 passenger vessel is currently being built in Tasmania, Australia by Incat, and Buquebus …

Praia e Sol: Brazil Is Still The #1 Vacation Destination for Argentines

Patrick Archer global rankings, tourism

We learned last week that Buenos Aires is the #1 destination of choice for Brazilian tourists (even over Orlando and New York), and it appears that Argentine tourists are still reciprocating. New figures released this morning by Brazil’s Ministry of Tourism show that our northern neighbor welcomed 5.16 million foreign visitors last year, an 8% increase over the 4.8 million …