South American Real Estate News
/ Month / August

What Tom is drinking now!! Yerba Mate

Tom a good friend of GTSA from Panama recently visited South America, and started drinking Mate whilst in Argentina which now it has become a regular afternoon delight! Here is his story. There are some Argentine customs we wish we could incorporate into our daily routine—midnight steak dinners followed by five hours of dancing? If only. But yerba mate, the national drink of Argentina, is something we can definitely get on board with. Not quite coffee and not quite tea, yerba mate is trending in a major…

Top 10 Factors Affecting a Estancia’s (large farm) Value

The valuation of an Estancia and finding the price per hectare is substantially different than other types of real estate. While residential and commercial real estate prices typically rely on data based upon numerous transactions within a defined market area that can be defined as “comparable sales,” most Estancia sales are not published on any database, there are relatively few transactions that close within a two year time frame, and there is no defined market area. Due to the uniqueness of ranches,…

CHILE LEGAL UPDATES

International trade and Customs National Customs Service issued Exempt Resolution No. 2852 The resolution modified the Compendium of Customs Rules in Chapters 2 and 3, and in Annexes 12 and 18. The foregoing, in order to incorporate rules on the Advanced Transfer Pricing Agreements. Decrees No. 8 and No. 52 of the Ministry of Finance were published in the Official Journal Decree No. 8 established a regulation that regulates the conditions and requirements related to the authorization and operation of the…

Argentina’s return to U.S. lemon market deemed a success

Florida-based Seald Sweet has hailed a successful return of the Argentine lemon industry to the U.S. market and says the season has been a huge learning curve. CEO Mayda Sotomayor also described the lack of any pest detections at U.S. ports as a “win” and expected volumes to see a rise next year – a view shared by the Argentine Citrus Federation (Federcitrus) and New Jersey-based Vision Import Group. Argentina has been exporting fresh lemons to the U.S. market for the first time in almost two decades,…

German Agri Terra Group offers investments in Paraguayan agriculture

Founded by brothers Carsten and Michael Pfau in 2012, the Munich headquartered investment advisor Agri Terra has grown into a global player regarding investment opportunities in Paraguay.  Hundreds of clients have used the services of the fast-growing company in order to participate in projects such as cattle breeding, orange plantations or vegetable production in greenhouses in Paraguay, a landlocked country in the heart of South America. Based on the ongoing support from its investors, Agri Terra now finds…

☀ South America Land Prices Review

Free pasture cattle, Uruguay
South America Land Prices Reviewed In the Central American and Andean countries, fertile farmland has never been very abundant, and some of those countries also have restrictions in place regarding larger land holdings by foreigners. Ie Argentina *, Brazil * and Uruguay. * Current policies under review for removal or change. Foreigners have bought large tracts of land over the last few decades in these regions, due to the previous low valuations and absence of restrictions in the following regions: –…

11 mistakes a new real estate sales person should avoid making

Anyone starting a new job is bound to make some mistakes along the way. Having said that there are some basic ones not to make. 1. Not choosing the best agency in the speciality you are interested in. Anxious to get their careers off the ground, many newbie agents often make the mistake of not choosing the best agency to work with. From a recruitment perspective, the biggest mistake would be choosing a less than ‘best in market’ agency to commence your career with. “You learn so much in your…

Australian Entrepreneurship in Latin America – Growing Commercial Opportunities

Latin America has not traditionally been Australians commercial jurisdiction of choice, with regions such as Asia and Europe taking precedence. However, times are changing, and it seems that there has been a shift in commercial interest towards the large, diverse and often unexploited markets of Latin America.  The growth in commercial ties between the region is evident with the growth of groups/associations such as The Australian Latin American Business Council, The Australia Trade Commision in Latin America…

Buenos Aires ranked the best city in Latin America to live, according to “The Economist”

For the fourth consecutive year, Buenos Aires led the ranking of the Economist magazine as the best city in Latin America to live. it was 61 ° between 140 cities around the world, above Santiago de Chile and San Juan de Puerto Rico. number 1 was Vienna, the Austrian capital, which dethroned the Australian Melbourne. The Economist Intelligence Unit’s “Global Liveability Index”, which has been in place for eight years, assigns a score in the dimensions: stability; culture and environment; education;…

JBS: The Story Behind The World’s Biggest Meat Producer

The story goes that when Wesley Mendonça Batista arrived in Greeley, Colo. in 2007 from Brazil he sported the basic cowboy gear of jeans, boots and hat. He spoke no English and made a point of getting blood on his hands– showing butchers at his newly acquired Swift how to carve out the most dollars’ worth of cuts from a cow’s carcass. Cut to four years later and Batista, 41, was sitting in the lobby of the InterContinental Hotel in New York City looking through a presentation, in English,…

El Desafio Mountain Resort Patagonia, Argentina

El Desafío Mountain Resort is a unique luxury development encompassing an entire mountain of 1,050 hectares (2,500 acres) in the Province of Neuquen, Argentine Patagonia. Master-planned to guarantee the preservation of the environment, local culture and identity, the Resort has set aside a full 600 hectares as a nature reserve. In addition to the Greg Norman Signature golf course, this exclusive mountain resort will feature two professional polo fields, horse jumping and equestrian facilities, low-density…

Bumper wheat harvest should ignite Argentina economy

August 10, 2018
Uncategorized
A record wheat harvest expected in Argentina this year could arrive just in time to jumpstart the ailing South American economy in the fourth quarter, after growth has been hit by low investment, high inflation and a soy crop devastated by drought. Farmers are rushing to plant wheat in the moist conditions left by rainstorms that helped destroy Argentina’s recently-harvested soy bean crop. Months of dry weather gave way in April to three weeks of storms that helped cut the crop to about 35 million tonnes…

British Overseas Territories future after Brexit

Under the heading of ‘The tiny British island of Anguilla worries about Brexit for good reason’. The English newspaper “The Economist” addressed the issue of the impact of Brexit on its Overseas Territories, mainly in the Caribbean and particularly in Anguilla, an island whose connectivity is entirely dependent on neighbouring territories from France and the Netherlands. There is also a mention to other BOTs, such as the hotly disputed ownership of Malvinas / Falkland Islands, which…

A road trip through Patagonia: 7 obligatory stops on a journey along Route 40

San Martín de los Andes, Villa La Angostura, Bariloche, Lago Puelo, Esquel, El Chaltén and El Calafate are some of the places not to be missed. What to do, when to go and what to see in each destination. Embarking on a road trip through the Argentinean Patagonia, following the path of the emblematic National Route 40, implies immersing one self in one of the most privileged natural sceneries of the planet: immense blue lakes, imposing glaciers, volcanoes and mountains with peaks snow-capped and extensive…

Do wind turbines or solar panels add or subtract from a property value?

Energías Renovables en Argentina
With Solar and Wind Farms now becoming common around the world including South America it might be time to look at other countries experience regarding whether these projects add value to the land when it is sold. For South America, Australia has some compatible data. Solar panel arrays, wind turbines and telecommunications towers are popping up on farms and grazing properties from northern Queensland through to Tasmania, providing producers with a steady, passive income stream, particularly valuable now as…