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 Agricultural Real Estate Review

Uruguay Farmland, photo collaboration of Alfonso Guerrina
image of Uruguay Farmland
Update of Uruguay agricultural real estate review: Prices of agricultural fields sold in 2016 are significantly lower than in previous years. However, the fields – three of them – are very extensive and are exclusively dedicated to cattle pasture. In addition, among the hectares included and paid for, there are significant tracts of mountains and bush. Average prices are therefore seen to be lower, without this being the reality. An important factor to consider, and that has influenced the low average…

Uruguay’s Property Prices show mixed results

After two years of house price falls Uruguay’ property prices still show mixed results. In Montevideo Uruguay’s capital city property market is now showing slow signs of modest improvement. On the other hand luxury resorts like Punta del Este once a haven for undeclared money prices have declined with little demand for anything but prime properties that are well priced. During 2014, house prices in the capital city Montevideo rose by 4.6%, to an average of US$159,522, based on data compiled by…
Real Estate and Investment News from South America
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