South American Real Estate News
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Uruguay Farm Sales Update

Currently, we find there is strong interest from international buyers, but due to historically low farm prices, there is reluctant interest by vendors to sell.    2019 is a year where we have seen many international investors looking for opportunities in farmland in Uruguay with some lucky enough to actually buy in this depressed market. As an update from my side, prices of farmland in Uruguay are 45% down as compared to 2014. We were recently negotiating a farm sale of 8,500 hectares in Cerro…

Uruguay Farmland boom has turned to a bust with prices down dramatically

Prime Uruguay farmland used for grain agriculture has experienced a boom in the past few years, even surpassing beef as the country’s main export item, reaching a price plateau around two years ago when top cropping farms, with irrigation, topped  12,000 USD per Ha in favoured locations. However many of these operations can be traced to money looking for safe havens, given the earlier world financial crisis, and not necessarily increasing production or looking for high yields. Therefore renting…
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