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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…

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…

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…

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…

Uruguay – La Pedrera for surfer lovers

Uruguay – La Pedrera for surfers Uruguay has around 340km of beautiful beaches. But 240km east of its capital Montevideo, there is a small beautiful jewel called La Pedrera. With about 100´s year-round habitants and more than 10.000 in summer (Dec to Feb), you could experience a totally relaxed holiday if you hate crowds or a highly partying place if your call is nightlife. The town is divided in two by a rocky hill from where you can experience one of the most beautiful ocean views of the country, great…

Now is the time to Invest in Latin America’s Tourism Boom

Latin America’s Tourism Boom continues. According to the UN’s World Tourism Organisation (UNWTO), tourism is the 3rd largest export in the world, with international sales worth more than the food or auto industries. The number of international journeys made each year globally has jumped from 25 million in 1950 to more than 1.2 billion. That exponential rise in international trips has created an ever-expanding tourist industry that sees $4 billion spent daily. The tourism juggernaut shows no sign of stopping…

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…

The Problem: Property Not Selling? Maybe we can help

There are several reasons why otherwise prime real estate gets no interest from qualified buyers.  Is it priced for the market conditions? ( market values keep changing up and down ) Is it easily accessible to be viewed? Is it being advertised in the logical target markets? Does the quality of marketing represent the quality of the property? ie is it repressed by high-quality media that has been edited professionally? Here is an example from Cafayate, Argentina. Is the real estate salesperson experienced in…

What is the most important thing that a person/company should consider if they want to invest in Uruguay?

Beyond the emotional elements, the investor must analyze each country’s advantages. Investors are becoming more aware that foreign investment competition is fierce among countries, especially those located in the same geographic area; therefore, comparing the benefits offered by each country is an excellent idea to finally decide the best option for your circumstances. The American Nobel prize winner, Milton Friedman (economist), said,” Investors in the current context are like consumers; they have…

Entering South America – 7 Essential Tips to make your life easier

Our top tips are based on our experience assisting hundreds of companies enter the Latin American Region and are directly relevant to many of the legal and operating issues which you are likely to encounter. Understanding the different issues will be the difference between a successful entry or one that is filled with stress and problems.   Tailor your Company’s constitutional documents

 A company’s articles of association set out the formalities relating to the composition of the board of…
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