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

Patrick Archer foreign investment, real estate, uruguay

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 …

Punta del Este Real Estate Prices Post Strong Gains

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

With less than 60 days remaining before the beginning of High Season, current land and homeowners in Punta del Este will have something else to celebrate as they ring in the New Year: Appreciation. A new study from Uruguay’s Tierras y Proyectos (TyP) shows three important trends in the average price of land in Punta del Este: it started rising …