South American Real Estate News
/ Category / All categories of countries are

It is expected that Argentina’s Ag futures will grow 35% this year

A good sign for the Argentine farm economy: during the past January, the Buenos Aires Futures Exchange (MATBA) operated 3.2 million metric tons of grains futures, growing 14% versus January 2017 and beating a new record for this month reaching 60 MMT. In the previous years (2015 to 2017) MATBA operated between 1.5 and 1.9 MMT of futures contracts in January. The first large step occurred in 2018 when volume jumped to 2.8 MMT, but now the trend seems to secure and the wheat is the “star” crop. As its output…

Lifestyle House Hunting in Argentina could get you a bargain

The housing market is faltering after a sharp decline in the Argentine peso in many of the prime lifestyle locations in Argentina A good example is what is happening in Mendoza. Luján de Cuyo, is a small town in the western part of the province, a wine-producing region celebrated for its abundant Malbec grapes. It sits at the eastern foot of the Andes Mountains, in the high-altitude vineyards of the upper Mendoza valley. The area is known for its Malbec but produces other high-quality varieties of wine as…

You can’t afford to buy a farm in South America ? Maybe these are another options

  Farmlands in Brazil and Argentina are some of the most fertile, productive and sought after in the world, but investors looking at the continent should be cautious. Brazil and Argentina currently have laws that place certain limits on the foreign ownership (individuals and corporations) of farmland. Other farms in South America countries like Chile, Paraguay, and Uruguay are much more foreign business friendly. But Chile (very mountainous) and Uruguay (small country) offer comparatively fewer farmland…

Uruguayan cows are among the most easily traced animals in the world

  Coming from a long tradition of natural animal husbandry, Uruguayan meat is both tasty and safe. With scare stories of processed meat product proliferating the news, and a richer, ever-increasing world population, more and more people are demanding their beef from trusted sources. Uruguay, with its long tradition of meat production and export, is proud to support a system that guarantees its customers 100 percent traceability. The Latin American country currently exports 70 percent of its meat to more…

What you need to know when selling your property in Argentina

This will be the first of a series of articles about selling in different South American Countries What does COTI means? The COTI is the ” Real Estate Transfer Code” (“Código de Oferta de Transferencia de Inmuebles”) necessary to sell a property that exceeds $ 300,000 AR in value. Do I have to obtain the COTI to sell my property? Yes, if you are an owner and planning to selling your property that exceeds the value of $300.000, then you will have to obtain the COTI Who must request for the COTI?…

What now for South America and Venezuela as the pink tide recedes?

While nearly two decades of ideologically driven economic mismanagement has turned Venezuela from a relatively wealthy oil state into a Zimbabwe-like basket case, Chile has mainly stayed the course, politically and economically, just to the right or left of the sensible centre. Wild swings avoided Since the restoration of democracy in the late-1980s, this long, thin ribbon of a country has largely avoided the wild boom-and-bust pendulum swings that have characterised much of the continent’s stop-start…

Which are the most expensive and cheapest neighborhoods to rent in Buenos Aires

In the month of January 2019, the average rent in the city of Buenos Aires rose by 1.9%. However, over the past year, the increases were 10 points less than inflation leading to poor returns for landlords. After a year in which they ended with increases below inflation, rents began in 2019 with a rise of 1.9%  according to a survey conducted by the property website ZonaProp. “In 2018, rents closed with a rise of 38%, 10 points less than accumulated inflation, while the UVA loan shares were located closer…

Paraguay BCP: Soya exports tripled at the start of 2019

The Paraguayan economy began in 2019 with different nuances in its foreign trade components. Although soybean (the main export product) had an important jump, it was not enough for global sales to have a greater dynamism. Shipments of soybeans to international markets grew 262.7% in the past month, compared to figures obtained in January 2018, and totaled USD 169.2 million. However, exports as a whole rose by only 2% and totaled USD 997.9 million, reported the Central Bank of Paraguay (BCP) in its report on…

Large Chilean blueberry arrivals in U.S. is putting pressure on prices

With the Chilean blueberry season now in full swing, recent weeks have seen price pressure in the U.S. market amid heavy volumes as well as some quality issues with fruit on arrival, according to exporters. “It has been a season within the range of what one would have expected, both in terms of the good things and the bad,” said Raul Dastres, president of Valle Maule. While widespread hailstorms in mid-November had some impacts on the country’s production, Dastres says that the volumes of his company…

Argentina as an investment destination in 2019

Argentina is an attractive investment destination, assisting investors throughout the investment process: analysis, decision-making, establishment, operation, and reinvestment Why invest in Argentina? It is one of the largest and wealthiest economies in Latin America: 3rd largest economy in the region with a GDP of USD 586 Bn (after Brazil and Mexico) 2nd highest GDP per capita in the region in PPP terms, following Chile (USD 22,600) 4th country in the region in terms of population (43 Mn) To assist potential…

Don’t miss these 5 Real Estate Tech Trends in 2019

The real estate industry has changed a lot over the last decade, and new technologies are having a surprising amount of an impact on the way that real estate agents do their jobs. At the same time, comparison sites and other newcomers to the industry are giving consumers more choice when it comes to buying and selling a property. All of this means that the industry as a whole is coming to terms with what maturity looks like, while iterative development and brand new technologies are changing the way that…

Limoneira enters into JV with Argentine citrus company

U.S.-headquartered Limoneira has entered into a joint venture with Argentine citrus company FGF Trapani, in a deal that will see the acquisition of hundreds of hectares of farmland and the creation of a new subsidiary in the world’s top lemon-exporting country. The company on Monday announced it had entered into an agreement with FGF, a multigenerational grower-exporter which owns over 3,200 acres of lemons and oranges in the provinces of Salta, Jujuy and Tucuman as well as a juice processing facility…

Paraguay’s economy will have the highest growth in the region in 2019

According to the Central Bank of Paraguay, the country will have an expansion of 4% of the gross domestic product and inflation of 4% for 2019 The Central Bank of Paraguay (BCP) announced the prospects for the Paraguayan economy, projecting a 4% expansion of gross domestic product and 4% inflation for 2019. This level of expansion achieves to keep Paraguay among the fastest growing in the region, only behind Bolivia and Peru. The president of BCP, José Cantero, explained that this expansion will be based mainly…

At the Argentine Open Polo, the wealthy rub shoulders with ordinary mortals

“It’s a very aggressive game, isn’t it?” The American tourist sitting in front of me sounds horrified. Hardly surprising, really – we’ve just watched a man tumble to the ground with an almighty thud from a galloping horse. But there’s not a second to spare during the semi-finals of the 125th Argentine Open Polo tournament; play doesn’t halt for a moment. The world’s top players are all here, battling it out on the hallowed turf of the Campo Argentino de Polo…

Argentine winter crops bring fresh dollars to a weak economy

In January, oilseed industry and grain exporters entered USD 1,756 million into the Argentine economy, versus USD 1,040 million in December 2018. Some analysts celebrate this fact saying that thanks to better harvests of wheat and barley, export companies are enhancing the income of dollars into the Argentine economy. According to the press release of the Oilseed Industry Chamber (CIARA), this increase of export dollars is related to the purchase of these two winter crops by the exporters. In fact, 8,4 MMT…