Davos 2023 backs an Argentine firm that optimises irrigation efficiency with new technology
Kilimo, an Argentine company that uses data to optimise irrigation, received solid financial support at this year’s Davos forum to continue developing a system that helps farmers in Latin America save thousands of litres of water. Kilimo, an Argentine company that uses data to optimise irrigation, received strong financial support at this year’s Davos forum to continue developing a system that helps farmers in Latin America save thousands of litres of water. The company, which advises farmers in…
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…
The best restaurants in Latin America 2023
There are 11 Argentine restaurants within the top 50 in Latin America, according to the ninth edition of the ‘Latin America’s 50 Best Restaurants 2021: Past and Future’ awards held on Monday night. These were announced as the winners of Latin America’s 50 Best Restaurants 2023, an award sponsored by the Italian waters S.Pellegrino and Acqua Panna, who, on this occasion, following the pandemic of Covid-19 created a historical list of the best restaurants of the last 9 years, between 2013…
Argentine owned Buquebus orders the largest 100% electric high-speed catamaran ferry in the world
Shipbuilders Incat Tasmania has begun construction of what they claim will be the world’s largest electric ferry boat. The 130-meter-long unit has been ordered by Buquebús, the company offering passenger services between Buenos Aires and the Uruguayan ports of Colonia and Montevideo through the Río de la Plata. It will have room for 2,100 travellers and 226 vehicles, it was reported. Buquebus is owned by Argentine Juan Carlos López Mena Plans for the ninth Incat vessel to join the Buquebus fleet were…
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…
Top farmland investors name South America a top place to buy, lease and manage agricultural lands for profit
Farmers’ fields in South America are among the most prized assets in a new global market for agricultural land that has sprung up alongside soaring commodity prices. Private equity and fund managers at a farm investing conference in Geneva named South America a top place to buy, lease and manage agricultural lands for profit. “The South American marketplace is really booming along right now,” said Mark Zenuk, managing director of the $3 billion NGP Global Adaptation Partners fund. Black…
How to buy a property in URUGUAY
How to buy a property in URUGUAY Buying a property in any country abroad can be a daunting thought. Especially with all the different rules and procedures each one has. We’ve set out here an easy step-by-step guide to the essentials when looking to buy in Uruguay. Firstly you will want to consider where to live or buy a property, as the location is critical. When looking at Uruguay, you must consider the location and weather carefully. Published annual rainfall can be misleading as although the annual…
South America: Canada’s forgotten continent
For years, merchants in Nova Scotia traded salt fish, lumber and potatoes for Jamaican rum and molasses. But they needed a place to barter their goods, so in 1889, the Bank of Nova Scotia opened an agency in Kingston. It was the first foray for a Canadian bank beyond Canada, the U.S., and the U.K. Next, a branch in Cuba in 1906, Puerto Rico in 1910, the Dominican Republic in 1920 and, to serve the livestock and agricultural industries, a presence in Chihuahua, Mexico, in 1934. More recently, Canada’s third-largest…
Argentine and Brazil agribusiness have an “ecological surplus”
Economist Nicolás Torre, from the IERAL Institute of the Mediterranean Foundation, published an extensive thread on the social network Twitter, highlighting that both Argentina and Brazil have a positive “ecological footprint”. That is, they have more natural resources available than those they consume annually to survive. Torre’s report came in response to accusations against South America in recent weeks. First by The President of France, Emmanuel Macron, when he said that Brazil does not…
Why did GTSA develop the vendeRAPIDO® selling process for selling real estate in South America?
There are two reasons. To speed up the selling time and maximise the properties value Current Market Realities South American real estate markets are mainly lightly regulated and highly informal. This means vendors are at a substantial disadvantage when they come to selling a property within a reasonable time frame. Traditional times of sale are measured in months and years. Consequently, transaction costs are among the highest in the world. With the globalization of real estate GTSA saw an opportunity…
Selling or buying properties in remote locations
Sellers face many of the same challenges as buyers do. Still, given current market conditions in many South American markets where we operate, we are finding the market is slow for remote properties. They are often owned as second or third investments outside their home location and are only visited once or twice a year. Each Seller’s motivation clearly varies. However, there is a broad spectrum of Sellers, from those content with fair market value and others who really don’t care what fair market value…
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…
Mistakes to avoid when investing in real estate in Latin America
Investing in real estate may seem simple enough. Considered one of the most profitable businesses for investors, this market offers low risk and high rewards. Latin America is rich with opportunity right now. Relatively cheap land for properties and harvest and cattle breeding presents valuable opportunities. Investors should get involved in the market to receive higher margins. However, investing in a foreign country becomes very different and more complicated. Typically, laws, regulations, and rules about…
Changing Farmland Investing Options
We think farmland as an investment is something that, in 5-10 years, will be a must in any professionally managed diversified portfolio. We are excited to be at the forefront of reporting the rapid changes in this exciting new market, which is now opening more opportunities for smaller investors via syndicates and specialised agro funds. Those smaller investors ( USD 70,000 to USD 250,000 ) seeking exposure to tangible assets with strong cash yields and low volatility have found it nearly impossible to get…
