South American Real Estate News
/ Month / December

Lapostolle Residence, Colchagua Valley, Chile

When Alexandra Marnier Lapostolle came to Chile’s Colchagua Valley two decades ago, the area was a viticultural backwater. But the Grand Marnier heiress, who cofounded the valley’s Lapostolle winery in 1994, was convinced she could coax first growth–quality vintages from the granitic soil. Her premier blend, Clos Apalta, attests her prescience, most convincingly with its selection as Wine Spectator’s Wine of the Year in 2008. That same year, Lapostolle launched another Colchagua Valley first: a luxury…

Bahía Vik, José Ignacio, Uruguay

Jet-setters flocking to José Ignacio for the short, swank social season have a third Vik Retreat to try. Bahía Vik is now open. Why Go: During January and February, the tiny Uruguayan beach town of José Ignacio welcomes the rich and famous. An alternative to staying among the high-rises of the nearby resort city of Punta de Este, the outpost welcomes visitors down dirt roads to stylish boutique hotels and family-owned restaurants. Applauding at polo matches is a popular pastime, as are browsing one-off shops,…

A new study shows Argentina is a relatively safe country in which to live

WHO figures show Argentina is relatively safe country in world’s most violent region Homicide rates in Latin America are the highest in the world — clocking in at 28.5 per 100,000 inhabitants — but estimates by the World Health Organization (WHO) place Argentina in line with the best in the region with about six homicides per 100,000 inhabitants. According to the WHO, in 2012 165,617 people were murdered in Latin America and the Caribbean, making up about 35 percent of the the 475,000 homicides committed…

Chilean agriculture is expected to become part of the 10 largest food exporters in the world by 2020

Agriculture in Chile is a strategically important sector. The objective is to make Chile part of the 10 largest food exporters in the world by 2020. At the moment Chile is round about No: 20. From the beginning of this century food export increased by an average of 12% annually. Further processing and surplus values are central in the policy. Primary production is only a small part of the gross national product. Because of the closed-in position of the country sanitary provisions are second to none and these…

Global Food Security Depends on Modern Agricultural Techniques

Studies released at a symposium in Washington, D.C. underscored the wide range of benefits modern agriculture has provided to society and emphasized the importance of continued innovation and new technologies to meeting growing global food, feed, fiber and industrial needs. Research presented by a diverse group of experts in agriculture, economics, conservation and food security detailed how technological advancements employed on farms and across the food chain have provided an abundant, safe, affordable food…

United States CIA’s torture handbook revealed brutal inhuman practices

Uruguay has recently received a number of CIA prisoner of war and political  ex-prisoners who have been brutally tortured over a long period of time in US prisons. Anyone interested in human rights should read this before passing judgement on Uruguay for their actions, A newly released report on the CIA’s use of harsh interrogation tactics has detailed 13 different “enhanced interrogation techniques”. The report found pain and suffering beyond legal limits was inflicted on CIA detainees.…

Is the International money transfer system about to change due to US Interference in the existing one ?

You probably know the SWIFT (Society for Worldwide Interbank Financial Telecommunication) system as that little jumble of letters and numbers you need every time you send money to a foreign bank account. It’s the global banking system’s address book and postal system. SWIFT has more than 10,000 members in more than 200 countries, and handles more than 15 million messages daily. But even though SWIFT is based in Belgium, and subject to EU law, the U.S. government claims legal authority over all SWIFT transactions…

One mans experience of doing 40 yrs trading with Latin America from New Zealand

One mans experience of doing 40 yrs trading with Latin America from New Zealand One of LANZBC’s longest-standing members and Chilean honorary consul in Auckland, Gerry Williams, managing director of Pacific Basin Exports Limited, writes below about his experiences doing business in Latin America and provides some sage advice. Gerry founded the PBE in 1978 after an extensive trip visiting many farming locations throughout Latin America. Gerry had completed an Export Marketing course and had won the annual…

Argentina benefits short term from falling oil prices

The worst selloff in crude oil since the financial crisis is turning into a bullish sign for Argentina’s bond investors. Whilst oil-exporting nations such as Venezuela have been battered as the U.S. benchmark price tumbled to a five-year low last week, the decline may help cut Argentina’s record fuel import costs by as much as 20 percent in 2015, according to former energy minister Daniel Montamat, who now runs consulting company Montamat & Asociados. The savings would bolster foreign currency reserves…

How to choose an effective selling broker in South America

South America’s real estate market can be characterised by two important facts. Properties take longer to sell and have higher transaction costs than in most Western countries Why? Although it is slowly changing there is considerable informal selling both by vendors directly and speculative pricing. The end result is a confused market with little price transparency and few skilled brokers available. (Selling skills can be obtained two ways; by experience through selling large numbers of properties or by specialised…