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South America's Real Estate Specialists
We offer South American real estate investment opportunities in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay. We know buying South American Real Estate has specific rules for foreign citizens, rules we are familiar with and have worked with extensively. This is why we have created a programme to guide international buyers through purchasing real estate in South America, from finding properties for sale to helping clients comply with the required paperwork and legal procedures. South American News And…
Uruguay: a small country with great potential in South America
Latin America is globally known for its multiculturality and complex history, amongst other things. The 20 countries that constitute Latin America have many similar traits, but one country in specific stands out from the rest due to its unique characteristics: Uruguay. Uruguay is a nation with few inhabitants, a small territory and a scarcity of mineral resources. However, the country has managed to progress steadily into one of the most stable countries in the area, ranking third in the Human Development…
Argentines continue to flock to Uruguay to Invest
Data released by the Central Bank of Uruguay (BCU) reveals that, as of December 31, 2022, the investment advisors and portfolio managers sector in Uruguay had grown in terms of clients and employees. Specifically, there were 67 portfolio managers and 106 investment advisors in the country, an increase of 10 from the previous year. These advisors and managers managed the assets of 36,170 clients, 21.5% more than at the end of 2021, and employed 951 people. Of the total number of clients, 63.7% were Argentines,…
Why Uruguay is proving so attractive to potential investors
Uruguay is a small country in South America that has been increasingly attracting the attention of foreign investors in recent years. With a stable political environment, a diversified economy, and a highly educated workforce, Uruguay is emerging as a promising destination for investors looking to diversify their portfolios and tap into new opportunities. This post will explore some main reasons why investors are attracted to Uruguay. One main factor that makes Uruguay an attractive destination for investors…
How to Invest in Uruguay Real Estate and Obtain Tax Residency
Uruguay is considered one of the most stable economies in Latin America. With the second-highest minimum wage, and the third-highest Human Development Index of the region, the country positions as an attractive destination for foreigners looking to settle, buy real estate, or obtain a tax residence in Uruguay. Likewise, the cost of properties in Uruguay tends to be lower than in other Latin American nations and the purchasing process is not as complicated as in neighbouring countries. Because of this,…
Understanding Uruguay Farmland Soils Classification: Coneat values
What is CONEAT? This project started back in 1968 when the National Commission for the Agronomic Investigation of the Land was founded to develop criteria for the definition of the productivity of each parcel of land of Uruguay. (Comisión Nacional de Estudio Agronómico de la Tierra). The CONEAT commission recollected data from producers, technicians and also from field studies, laboratories and institutions that helped to develop the CONEAT index . At that time, it was created purely for taxation…
Who can buy Real Estate in Uruguay – physical or legal persons?
Many prominent South and Central American countries have limitations for foreigners buying farmland. ie Argentina and Brazil, foreigners can not buy properties bordering another country or extensive properties. In Uruguay, there are no such limitations. The Uruguayan government has been very open towards foreigners investing in local Real Estate. Buyers from all over the world have the same rights as Uruguayan citizens. They are granted the same economic advantages when they acquire Real Estate in Uruguay.…
Why the smart money is still Investing in Uruguay today?
Uruguay is a small country that staunchly defends its constitutional democracy, its political pluralism and the individual liberties and its inhabitants. Consequently, on an international level, it has received a large degree of credibility, and has been recognized by diverse organisms as one of the safest place to invest in Latin America. Uruguay is divided administratively into 19 departments, totaling 176,210 square kilometers, making it the second smallest country in the region. It borders Brazil (to the…
Investing in properties in Uruguay? where to buy and what are the prices by area
The neighbouring country studies the opening from September. There is already a boom in consultations. They believe prices could skyrocket in Montevideo due to a barrage of property purchases by local stakeholders. Uruguay plans to reopen its borders in September for foreigners vaccinated with the two doses. The news was not only celebrated by the tourism sector, but by the main developed and real estate companies on the other side of the river. The announcement has already generated a boom in inquiries and…
House Hunting in Uruguay: A Sprawling Former General Store for $975,000
With its borders still tightly restricted, the small South American nation is eagerly awaiting the return of foreigners — particularly Argentines — to jump-start its housing sector. A Five-Bedroom House With History Near Uruguay’s Coast $975,000 (43 MILLION URUGUAYAN PESOS) Built as a general store in the late 19th century, this five-bedroom home sits at the boundary of Pueblo Eden, a rural village in the Maldonado Department of southern Uruguay, about 25 miles from the popular resort city of Punta…
Updated Uruguay Farmland Report March 2021
Transactions in the period January – March 2021. In the first three months of the year, there have been 27 transactions of productive farmland in Uruguay. In January some large forestry properties changed ownership. These timberland operations are situated in eastern Uruguay and refer to eucalyptus for the pulp industry. The price of timberland depends on availability of wood, but in general, one can say that price fluctuates between 3.000 and 4.500 USD per hectare. In March, we saw large tracts of cropland…
URUGUAYAN AGRICULTURAL LAND MARKET REPORT 2021
Published in Jan 2021 this is an independent land price report for agricultural land in Uruguay. Published by Gorlero Farm Administrators in Uruguay which was founded in 1934 by Guillermo Gorlero the company still maintains the same original core value and characteristics that have led to its excellent market position. They mainly engage in providing rural estate management services. They are experienced in almost every region of the country: from Sierras in Minas to the basaltic soils in the northern region,…
In Uruguay 15 companies own more than 1,400,000 ha of farm land.
Seven forest companies, six agricultural groups, a dairy company and a Brazilian business person in Uruguay farm over 1.4 million hectares of productive farmland-as-owners and or tenants. Land suitable for farming in Uruguay is about 16 million hectares. Among the major landowners are a number of Brazilian and Argentine companies. Among the 15 business groups that include Montes del Plata, East Forest, Weyerhaeuser, Tekoayhu Forestry, Forestry South Atlantic RMK Timberland Group and Sierras Stills (Ence) Forestadoras;…
Coronavirus Deals: 5 Cheapest Places To Buy Real Estate Now (And Make Money)
Have you ever dreamed of buying a house—for cheap—in a foreign country and moving there to live the expat life? Or buying an investment property and renting it out? Or getting a fixer-upper and flipping it for big bucks down the road? This could be your moment. While the coronavirus pandemic has been devastating, it has also had a silver lining by creating real estate bargains around the globe at a time of unprecedented low interest rates. “Nothing like the coronavirus crisis has come along before,”…
House prices continue to rise in Montevideo, but demand is weakening
In Montevideo, Uruguay’s capital, the average price of newly built houses rose by 9.1 % y-o-y to UYU 47,160 (US$ 1,334) per square metre (sq. m.) during 2018, according to the National Institute of Statistics (INE). However because of high inflation, real house prices only rose by a meagre 0.7 % last year. In 2018, real estate transactions in Uruguay fell by 4 % to US$1.61 billion from a year earlier, based on figures from El Observador, in contrast to a 17.3 % sales growth last year. This can be…
