Brazil And Uruguay Talking Infrastructure & Regional Integration

Brazilian President Dilma Rousseff arrived in Montevideo this morning for her first one-on-one meeting with Uruguayan President Jose Mujica. According to El Pais, the two presidents will meet for five hours this afternoon and sign no fewer than 12 bilateral accords, several of which promote greater regional integration and infrastructure projects. Prensa Latina says some of the most high-profile agenda …

Buenos Aires Embraces A Different Brand of Polo

When most foreign travelers and investors think of Polo in Buenos Aires, it conjures up images of Cambiaso and Palermo, high-goals and Hurlingham or Ellerstina v. La Dolfina. But the new wave of “polo” being embraced by the City of Buenos Aires is slowly changing the landscape of Capital Federal and transforming the city into a net exporter of creative …

Maldonado, Punta del Este Uruguay Move $7 Million in Real Estate Per Day

Real estate transactions in the Uruguay state of Maldonando top $7 million dollars a day, according to new data released this week. Marcelo Gallardo of El Pais says a total of US$2.55 billion in real estate deals were closed between April of 2010 and April of 2011. And while projects in Punta del Este account for the bulk of that …

As The Real Turns: Brazil’s Importance Felt Daily In Argentina

Of all of the Latin American countries participating in July’s Copa America, neighboring Brazil will undoubtedly send the most fans. After an opening round match in Buenos Aires against Venezuela on July 3, the Verde-Amarela nation will descend on Cordoba, San Juan and Mendoza. Yet, six weeks before the tournament begins, there are no rumors of a Brazilian invasion, because, …

Montevideo Real Estate In The Most Popular Neighborhoods

Last week’s story regarding Montevideo’s million-dollar listings came as no surprise to locals and InvestBA readers who have been following market trends in Uruguay. On the heels of the article, we decided to offer a residential overview of active listings priced from US$140,000 to 1,200,000 in some of Montevideo’s most popular neighborhoods for foreign buyers. Montevideo offers something unique for …