BASF Chooses Uruguay For New Financial Service Center

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, uruguay

BASF has chosen Uruguay as the destination for a new regional financial services center and plans to be fully operational in Montevideo’s World Trade Center by 2016. After spending a year looking for the perfect location to combine North and South America service centers, BASF (BAS.DE) chose Uruguay for its stability, transparency and skilled workforce. According to the company, “Montevideo was chosen as …

How Much Does Real Estate Cost in Montevideo, Uruguay?

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

Average Montevideo real estate prices have risen 79.8% since 2005 with some neighborhoods posting triple-digit gains, according to a new analysis in El Observador. The five-year study of average real estate prices from 2005-2010 focused on 15 Montevideo barrios ranging from Cerro and Prado on the low-end to Pocitos and Punta Carretas on the high-end. While the 79.8% figure applies …

Montevideo Real Estate In The Most Popular Neighborhoods

Patrick Archer foreign investment, real estate, uruguay

Last week’s story regarding Montevideo’s million-dollar listings came as no surprise to locals and InvestBA readers who have been following market trends in Uruguay. On the heels of the article, we decided to offer a residential overview of active listings priced from US$140,000 to 1,200,000 in some of Montevideo’s most popular neighborhoods for foreign buyers. Montevideo offers something unique for …