South American Real Estate News
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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…

The future of South American Gauchos with modern farming systems

Gauchos helped defeat Spanish troops and win independence in the 19th century, but the cowboys of lore are no match for today’s soybean boom and factory farms. “The classic gaucho is disappearing,” Lisandro Floral, a 30-year-old who manages a farm of 3,800 hectares (9,400 acres) deep in the Pampas, told AFP. Floral has forsaken the horse and the boleadoras — the traditional rope and leather ball sling used by gauchos to capture running cattle or game — in favor of a 4×4 equipped…