Real Estate in Uruguay
-
Uruguay no longer a magnet for Argentine funds looking for real estate investments
ARGENTINA, 2013/09/04 Dollars fleeing from Argentina usually make it to Uruguay and from there to safer havens in the rest of the world, but the issue is downplayed in Montevideo and Punta del Este since there are fears of the negative impact for real estate property prices following years of sustained increase. However prices have remained, but business is slower and buyers feel they presently have additional bargaining power and want better conditions to reach a transaction. Recently real estate operators demanded from the government of President Jose Mujica to adopt measures to compensate what was described as “Miami advantages over Punta del Este” thinking in the Argentine investors. -
Panama, Peru, Brazil Lead List of Touted Emerging Property Markets 2012-02-12
ARGENTINA, 2012/02/12
- Trending Articles
-
- EUROPE: Ball Corporation Debuts Three New Aluminium Beverage Can Sizes
- ZAMBIA: Zambia insists on fish import restriction despite deficit
- SOUTH AFRICA: Nigeria and South Africa emerge from recession
- KENYA: Kenya awards major contract for construction of core infrastructure for smart city
- CHINA: Xi Jinping opens BRICS Summit in Xiamen, asks members to shelve differences
- NIGERIA: The Security and Exchange Commission approves the 40th Annual General Meeting of Oando PLC
