Montevideo Residential Real Estate Prices Post Modest Gains

Patrick Archer average prices, foreign investment, real estate, uruguay

Two months after housing data confirmed the first significant increase in Montevideo average real estate prices in over two years, another study suggests MVD prices are maybe¬†firming up, albeit slightly, across the Uruguay capital. Montevideo Real Estate Prices Rise 6% In 10 Months is the headline of this week’s El Observador analysis of average residential prices in eighteen of the …

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 …

Carrasco: The Most Exclusive Neighborhood In Montevideo

Patrick Archer aruba, average prices, foreign investment, real estate, tourism, uruguay

When the Hotel Carrasco opens in Montevideo later this year, it will mark the triumphant end of a painstaking US$22 million restoration for one of Uruguay’s most beautiful landmarks. And while the entire basement of the hotel will become a state-of-the-art casino, El Pais’ Andres Lopez Reilly says the real betting has taken place in the neighborhood of Carrasco. The …