More Yachts, Private Jets & Helicopters Make Annual Punta del Este Pilgrimage

Patrick Archer foreign investment, lifestyle, tourism, uruguay

The number of yachts, helicopters and private jets descending on the waterfront playground of Punta del Este has doubled in the past two years, according to a new analysis in El Pais. And while Argentines still account for the majority of all arrivals on private planes and watercraft, the number of visitors from Brazil, the US and other foreign countries …

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 …

Real Estate Deals Along Uruguay’s Tango Coast Exceed $1.2 Billion in 2010

Patrick Archer foreign investment, real estate, uruguay

Of all the takeaways gleaned at the 2011 Salon Inmobiliario last week in Punta del Este, we were most impressed by the 2010 summary confirming our long-held belief the smart money is moving north of Punta along the Tango Coast of Uruguay from Maldonado and increasingly into Rocha. One of the highlights of the four-day Real Estate Expo held at …

Punta del Este Preparing For A Tourism Tidal Wave

Patrick Archer foreign investment, tourism, uruguay

“It’s the law: From Christmas until January 15, Punta del Este explodes with people,” writes La Nacion’s Jose Totah in a sweeping preview of Summer 2011 on the beaches of Uruguay. And unlike previous years when the only storyline was, “It’s Summer 20xx and more Argentines are coming than last year,” today’s headlines are A.) The diversity of who’s coming, …