Foreign Investors Paying Top Dollar For Uruguay Chacras

Patrick Archer foreign investment, real estate, uruguay

The summer of super luxury is well into the second quincena on the beaches of Uruguay, and foreign investors are snatching up six, seven and eight-figure luxury homes with acreage on or near the coast, also known as chacras. “In Punta del Este, Chacras Are Selling For Up To $25 Million,” is the headline of Matias Bonelli’s analysis today in …

Foreign Developers Building More Luxury Condos in Uruguay

Patrick Archer aruba, foreign investment, real estate, uruguay

From Colonia in the west, to Punta del Este in the east and Montevideo in between, we saw it first-hand last month: Brand new mid and high-rise condominiums breaking ground or going vertical all throughout Uruguay. Now comes confirmation via UPI that Argentine developers are leading the movement with an emphasis on luxury for fellow Argentines and other foreign buyers. What’s …