Trump Tower Punta del Este Scheduled Completion Date Is 2017

Patrick Archer aruba, foreign investment, lifestyle, real estate, uruguay

725 Fifth Avenue, 401 North Wabash, 15800 Collins and now the Rambla Lorenzo Batlle Pacheco. Punta del Este will soon join an elite club of global destinations like NYC, Chicago and Miami with a Trump Tower. Trump Tower Punta del Este was announced yesterday and, as one might expect from a project associated with the legendary Donald J. Trump, the …

Brazilians Bought 55% More Punta del Este Real Estate Last Year

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

It’s no secret that Brazil’s upper middle class saved the Florida real estate market. When the US housing bubble burst in 2007 and real estate prices tanked, Brazilians snatched up tens of thousands of condo bargains in downtown Miami and Orlando, their two favorite places to vacation outside of Brazil. Now with Argentines beginning to pull back on their purchase …

Trends del Este: Who’s Buying Punta del Este Real Estate Now?

Patrick Archer foreign investment, real estate, uruguay

Argentines, of course, but Cronista says Uruguayans are actually the number one purchasers of real estate in Punta del Este these days. The country’s economic bonanza fueled in part by a stable government encouraging domestic and foreign real estate investment, booming agricultural exports and Uruguay’s new-found status as the regional beef producer. “The economic change that Uruguay is undergoing makes you …