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Punta del Este in Uruguay: a magnet for financial events targeting millionaire investors

Investment banks from the United States and Switzerland have invited current and potential clients to breakfasts, lunches, and dinners such as at the Narbonne Estancia with economists and political scientists who are paid up to USD 4,300 for lecturing one hour about finance and the economy. They seek to find the ‘high net worth individuals which have from USD 1 million in liquids funds or family offices of ‘ultra high net worth’, which have from USD 10 million in liquid funds to invest. As…

Construction in Punta del Este, Uruguay is at its lowest point in 12 years.

In the medium term, a recovery of the activity is not expected. Compared to Puerto Madero, the new construction price gap expanded to 70%. Despite having a large number of real estate projects available, especially in Punta del Este, the construction is stalled in the area and is, in fact, at the lowest level for at least 12 years. At the beginning of 2018 it was thought that the recovery of the activity would happen in the short to medium term and although there are some positive signs, nothing suggests that…

Exquisitely Restored Stone Country Villa ­in Uruguay for Sale

Stone Country Villa in Uruguay for Sale Situated in the glorious rolling hills of Maldonado of Uruguay, and built in the late 1800s, this exquisitely restored historic stone building, was the original general store of Mataojo, which has been magnificently restored and renovated to be a Country Villa. The project was completed in early 2012, after more than two years of work with traditionally skilled local craftsmen. 

At the entrance to the tiny village of Pueblo Eden, just 40 km from world famous Punta…

Uruguay continues to impress as yet again named one of best holiday destinations

Uruguay is one of the nine locations chosen by a panel of experts to enjoy the holidays amongst places such as England, Myanmar, The Maya Riviera, Chicago, St. Vincent and the Grenadines in the Caribbean , the Netherlands, the Atlantic Coast of Canada and Orlando in 2012. It is clearly living up to it’s name as this year is was named in the Italian fashion Elle as the ‘New VIP Paradise’. The U.S. chain CNN, who ranked the locations, sought the opinions of the travel specialists: Robert Reid, editor of…