More Families Moving To Small Farms Around Punta del Este

Patrick Archer agribusiness, foreign investment, lifestyle, real estate, uruguay, wine & vineyards

Small farms in Uruguay’s countryside now account for half of all new construction permit requests in the southeast coastal department surrounding Punta del Este, according to Maldonado tourism data. Between 2007 and 2012, Maldonado authorities approved 3 million square meters of new residential construction of which 1.89 million square meters or 63% were single-family homes, and 50% of those homes …

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 …

APPCU: Punta del Este Real Estate Sales & Prices Remain Firm

Patrick Archer aruba, foreign investment, real estate, uruguay

Punta del Este: A Safe Harbor In Times of Crisis. That was the headline a year ago, as Punta’s Planning officials were announcing another record year in new construction permit requests. Fast forward to 2012 and the same headline describes the status quo in coastal Uruguay. In an interview with InfoNegocios, Ricardo Weiss of the Uruguay Private Developers Construction Association …

SIMA 2012: VP Astori Tells Spaniards “Uruguay Safe, Profitable For Investors”

Patrick Archer foreign investment, real estate, tourism, uruguay

Uruguay real estate and investment opportunities took center stage this weekend in Madrid at the annual International Real Estate Expo, SIMA. Unlike two years ago when there was very little to celebrate, this year’s expo exceeded expectations in terms of attendees, participating foreign countries and real estate developments on display. Over 400 residential projects were featured from countries like the …

Campos & Caviar: Uruguay The Perfect Mix of Wyoming and Saint-Tropez

Patrick Archer aruba, lifestyle, real estate, tourism, uruguay

Summer vacation may be over here in the Southern Hemisphere, but Terra readers in Brazil are getting a healthy dose of saudade uruguaio this morning. They came in droves from Rio and Sao Paulo this summer and filled the finest hotels and restaurants in Jose Ignacio, La Barra and Punta del Este. The combination of refined luxury and rural tranquility …