Elle Italia: Uruguay Is The New VIP Paradise

Patrick Archer culture, foreign investment, hotels & casinos, lifestyle, real estate, tourism, uruguay

The new issue of Elle Italia features Nambian supermodel Behati Prinsloo on the cover, but the magazine’s most awe-inspiring beauty flows from the pen of travel writer Annalisa Testa. Uruguay: Il Nuovo Paradiso del VIP (Uruguay The New VIP Paradise) is the title of Testa’s homage which extends the usual VIP playground narrative beyond the city limits of Punta del Este …

VanityBA: Gorgeous Uruguay Lands On The Cover of Vogue

Patrick Archer arts & entertainment, lifestyle, uruguay, vanityba

In the world of fashion, you know you’ve made it when you land on the cover of Vogue, so the new issue is some serious Manhattan validation for one gorgeous rising star…Uruguay. Vogue chose Uruguay as the background for the May issue with celebrated fashion photographer Mario Testino capturing the natural beauty of Uruguay, a polo match, the rolling hills …

Coastal Uruguay Real Estate Sales Exceed US$100 Million a Month

Patrick Archer foreign investment, real estate, uruguay

Coastal real estate in and around Punta del Este continues to be a magnet for foreign investors, and the value of Uruguay homes and apartments sold tops US$100 million per month, according to El Observador. In the most recent twelve-month period examined, properties sold in Maldonado exceeded US$1.4 billion, and in the 28-month period from January 2009 to May 2011, …

Punta del Este Real Estate: A Safe Harbor in Times of Crisis

Patrick Archer foreign investment, real estate, uruguay

It happened three years ago during the market panic following the collapse of Lehman Brothers, and it’s happening again during the latest debt downgrade-inspired sell-offs. International investors fed up with uncertainty and triple-digit days on the Dow are plowing their cash into Punta del Este real estate. Just as in 2009, El Observador’s Leonardo Luzzi says Punta is once again …

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 …