Real Estate

• Friday, March 31st 2023 - 16:04 UTC

  Two-thirds of high-net-worth individuals investing in Uruguay are Argentinean: see details

  

  The sector of investment advisors and portfolio managers in Uruguay grew in the number of clients and employees last year. This sector currently manages the money of 36,170 clients, 63% of whom are Argentine, with a total of US$ 28.93 billion invested in different instruments.

• Wednesday, November 9th 2022 - 10:40 UTC

  Montevideo is the most expensive city in Latin America, according to study by Argentine university

  

  The Torcuato Di Tella University together with Zonaprop, a real estate website, prepared a real estate report in which they made a ranking of the most expensive cities to live in Latin America, in which Montevideo appears as the most expensive of all.

• Monday, October 17th 2022 - 19:02 UTC

  Real estate prices fall in 90% of Buenos Aires

  

  According to a survey published by Buenos Aires' daily Ámbito, 90% of Buenos Aires' areas recorded a drop in the sale price of real estate property in September of 2022 when compared to the previous month.

• Monday, October 10th 2022 - 10:00 UTC

  Trump Tower in Punta del Este launched

  

  Uruguayan President Luis Lacalle Pou attended the opening this weekend of the luxurious Trump Tower in the exclusive beach resort of Punta del Este in the Department (province) of Maldonado. The project began ten years ago.

• Saturday, September 17th 2022 - 10:06 UTC

  Ambassador Stanley discusses strategic issues at Casa Rosada

  

  United States Ambassador to Buenos Aires Marc Stanley was welcomed Friday at Casa Rosada by Strategic Affairs Secretary Mercedes Marcó del Pont to discuss matters of bilateral interest.

• Tuesday, August 23rd 2022 - 10:01 UTC

  Home buyers rebellion in China: protestors in 100 cities refuse to pay mortgages on undelivered homes

  

  China is again facing a challenging real estate situation, with homeowners in different provinces refusing to pay mortgages on their undelivered, unfinished flats. This is happening only two months ahead of the Chinese communist party congress when comrade Xi Jinping is expected to confirm a third five-year term, following on the constitutional change of 2018 that scrapped presidential term limits.

• Monday, May 16th 2022 - 09:13 UTC

  China cuts mortgage rates for first home buyers; combats real estate giants speculation

  

  China wants to inject more dynamism to the housing market and the Central bank plus the insurance regulator announced on Sunday a significant interest rate cut for first home buyers. This follows on almost two years of rampant speculation among giant real estate companies that almost led to a collapse of the market.

• Saturday, January 15th 2022 - 10:09 UTC

  The most luxurious vacation properties in Uruguay: Up to US$ 250,000 per fortnight

  

  For some years now, luxury vacationers are increasingly enjoying Eastern Uruguay's coastline. Beach towns such as José Ignacio, Manantiales or Miamesque Punta del Este are hosts to thousands of tourists that are giving an air of increasing exclusivity to these places.

• Friday, December 17th 2021 - 09:55 UTC

  Real estate booms in Uruguay with Argentine buyers

  

  As soon as Uruguay reopened its borders to Argentines owning property in the country, real estate purchases have tripled only in the months of October and November, it was reported.

• Wednesday, November 24th 2021 - 09:08 UTC

  Falkland Islands Company awarded the joint venture housing contract

  

  Following the request for tenders from local and international companies, the Falkland Islands Government (FIG) and the Ministry of Defence (MoD) confirmed that on Wednesday 17 November 2021 the Falkland Islands Company (FIC) successfully signed a joint venture housing contract.