Why the market value of investment real estate often comes back to the cost of replacement
Most legacy real estate salespeople use comparable sales as a measure of value for real estate, but it can be a trap if you are a value investor. Here’s my opinion on how buyers should be valuing investment property instead. Most people would argue they know how to value a property. There’s a basic format: You look at the property you like, look at prices for comparable properties, and estimate the value from there. In some cases, you might also include expected rental returns as part of your measure.…
Argentine Beef providing healthy food for the World
Argentina is a huge world-class producer, consumer and exporter of bovine meats. Each year, Argentina produces 2.5 million tonnes plus of meat. The calculated beef consumption in Argentina is 65.4 kg per person, which is higher than in other countries. For example, the United States is 42 kgs, and the EEC is only 18 kgs. Even at 65.4 kgs, this is a sharp decline from the 1950s when it was over 91.9 kgs per person. The main strength of the Argentine beef industry has always been the quality of the meat. Beef…
So you want to buy farm land in South America – What are the options ?
So you want to be a landowner in South America Investing in farmland can make for an intriguing alternative to the stock market. Farmland is safe historically, an excellent hedge against inflation and is an asset class that does not correlate with the normal stock market. As the world’s population continues to grow (9.15 billion estimates by 2050) and the global middle class continues to emerge (with changing dietary habits toward more calories and meat), farmland is poised to become an even more intriguing…
This Armless Sculpture Is One of the Louvre’s Most Treasured Masterpieces and has a clone in Buenos Aires
It’s no secret that the Louvre has one of the world’s most stunning art collections. In addition to the Mona Lisa and an entire Michelangelo Gallery, the major museum also excels in antiquities, with gems that include the Great Sphinx, the Venus de Milo, and the Winged Victory of Samothrace. Buenos Aires has a perfect replica for all to see One of the most iconic buildings in Buenos Aires is the Estrugamou Palace Apartments. Within its, internal…
11 property tips when buying
My thoughts from 30 yrs in the real estate industry. Tip 1: Contact your broker, don’t wait for them to contact you – Good properties always sell, even in a challenging market. Your ability to buy the best properties that tick all your boxes comes down to your relationships with the local brokers, so take the lead and make sure they always think of you first when they become aware of that perfect property. Ask to be on their mailing list if you are not already. Tip 2: Buy when you can afford to…
We are searching for a creative and experienced Real Estate Journalist focused on South America to join our team
Qualifications: We are looking for a bilingual (Spanish/ English) freelance journalist, preferably from South America, who can write positive articles on a diverse range of subjects connected to investment in targeted real estate projects or subjects related to real estate investment in South America for our real estate news site, gtsanews.com. We will give you the subject and the project or subject we want to highlight. ie we might be selling a horticultural farm in Chile. We might need an article about that…
The early Scots pioneers in Argentina and the Patagonia Austral (Chile)
The early Scots pioneers in Argentina and the Patagonia Austral As part of the huge exodus of European peoples, significant Scots emigrated overseas the hundred years before the first world war. Most settled in the United States of America or Canada, Australia, New Zealand and other parts of Britain’s vast empire. A significant minority, however, emigrated to South American states, Argentina being a popular choice. The first Scots settled there in the years before Argentina became an independent confederation…
The unknown Argentine war heroes of the second world war
They fought as members of the Allied forces in the greatest conflagration in history against fascism. Many died without recognition, and others now tell their story for the first time. Fourth of July, 1944. The beaches of Normandy are the scene of one of the most famous battles in history. They cross two Spitfire aircraft from the RAF, the Royal British Air Force, through the sky. On the other side, in the same sky, forty German planes. Two against forty, that simple. RAF pilots don’t cower. On the contrary,…
Selling Remote, Exclusive or Unique Real Estate is a challenge in any market but none more so than in South America
Selling prime real estate in the complicated South American markets requires many business and selling skills. It is not for the faint-hearted. Vendors have a low level of trust in traditional selling systems for a good reason. Many salespersons in the industry are part-time, untrained, and unlicensed, putting the owners at risk. Advice for the real estate broker looking to get into the Luxury Property Market Ok, you’ve just taken your first million-dollar-plus listing. After celebrating your victory…
Punta del Este, Uruguay, place in South Américas booming tourism industry
Punta del Este is a small but well-known resort town located in southeastern Uruguay, about two hours by car from the capital city of Montevideo. Situated on a peninsula jutting out into the Atlantic Ocean, it is known for its beautiful beaches, high-end shopping and dining, and vibrant nightlife. With a population of just over 20,000 permanent residents, Punta del Este’s population swells to over 100,000 during the peak tourist season, which runs from December to February. Punta del Este is often referred…
Buenos Aires Upper Class Residential Options
Buenos Aires, the capital city of Argentina, is known for its rich culture, vibrant night-life, and beautiful architecture. The city has a diverse population, with a mix of high-income and low-income neighbourhoods. For those in the upper class, there are a range of living options available, ranging from luxurious apartments in the city centre to spacious mansions in the suburbs. One popular option for the upper class in Buenos Aires is to live in one of the city’s upscale neighbourhoods, such as Recoleta,…
Agricultural snapshot of Uruguay
Agriculture has played a significant role in the economy of Uruguay, a small South American country located along the Atlantic coast. With its fertile soil and temperate climate, the country is well-suited for a variety of crops and livestock production. Uruguay’s main agricultural exports include beef, wheat, rice, and soybeans. The country is a major exporter of beef, with the majority of production coming from the country’s extensive ranching operations. Wheat, rice, and soybeans are also important…
A snapshot of Chile’s dairy industry for 2023
The dairy industry in Chile is a significant contributor to the country’s economy, with milk and dairy products representing the fourth largest agricultural export in Chile. The industry has undergone significant modernization and expansion in recent years, with production increasing by more than 50% in the last decade. The dairy industry in Chile is characterized by a mix of small-scale, family-run farms and larger, more industrialized operations. Small-scale farms account for the majority of milk production…
Our view of Argentina’s economy over the next five years
It’s difficult to predict the future with certainty, but here is a hypothetical scenario for Argentina over the next five years. Over the next five years, Argentina is likely to face a number of challenges and opportunities. One major challenge is the country’s struggling economy, which has been hit hard by inflation, high unemployment, and a large public debt. In recent years, the Argentine government has implemented a number of measures to address these issues, including negotiating a loan with…
Scottish pioneers in Argentina are an important part of its history
Great numbers of Scots immigrated to oversea’s in the hundred years before the first world war. Most settled in the United States of America or Canada, Australia, New Zealand and other parts of Britain’s vast empire. A significant minority, however, immigrated to South American states, Argentina being a popular choice. The first Scots settled there in the years before Argentina became an independent confederation in 1816; they were the forerunners in the broader immigration that would eventually contribute…
