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 …

Uruguay: The New Darling of Global Investors

Patrick Archer foreign investment, uruguay, us companies

First The Switzerland of South America. Then A Good Place to Visit Your Money. Now Uruguay has a new national tagline thanks to Reuters: The New Darling of Global Investors. That is the theme of a well-researched piece by Hilary Burke and Malenda Castaldi. The duo point to the recent S&P upgrade as the latest in a series of events …