Carmelo Waterfront Property For Residential or Mixed-Use Development

Patrick Archer real estate, uruguay

This large waterfront parcel measures over 97.7 acres (39.5 hectares) and features over 2,000 feet (600 meters) of direct waterfront less than two kilometers from the town center of historic Carmelo, Uruguay. The property is easily reached via an access road running from the southwest corner of the parcel to Route 21, the main highway connecting the popular Uruguay coastal …

Buenos Aires Real Estate Sales Hit Lowest Level In 30 Years

Patrick Archer average prices, buenos aires events, foreign investment, real estate

Real estate activity in the City of Buenos Aires fell for the third consecutive year making 2014, a year when over 800 real estate offices closed their doors, one of the slowest years in three decades. According to the Buenos Aires Notary College, the total number or residential real estate closings in the Argentine capital fell to 33,694, a 6.2% …

Montevideo Real Estate Prices Rise After Two Years Of Declines

Patrick Archer average prices, real estate, uruguay

A new survey of average real estate prices in Montevideo reveals prices rose 4.6% in the second half of 2014 marking a much anticipated reversal of two straight years of average price declines. According to the data, compiled by El Observador from a database of 20,000 condominiums throughout the capital city, the average price of a 700 square foot (65 …