South American Real Estate News
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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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