Real Estate
Real EstateUruguay tops the 2009 Legatum Prosperity Index in South America
Uruguay tops the 2009 Legatum Prosperity Index in South America and is only second to Costa Rica in Latinamerica and ahead of Chile and Argentina. However Latinamerica’s best placed countries in the index which defines prosperity as wealth and wellbeing are in the thirties out of a total list of 104.
Hong Kong apartment establishes new record price: 57 million USD
A wealthy Chinese buyer has snapped up a luxury Hong Kong apartment for 57 million US dollars, thought to be a record price. The five-bedroom home is believed to be Asia's most expensive property - with each sq foot costing 9,200 USD.
Investors from Brazil, Argentina, Basque province and China flock to Uruguay
Investors from Argentina, Brazil, Spain’s Basque province and China are looking for opportunities in Uruguayan assets given the excellent political stability record of the country and proven reliability of its Judicial branch.
Uruguay farm-land sales down but prices pick up again
Farm land sales in Uruguay during the first half of 2009 dropped, but the average price for the hectare actually increased 25% compared to the same period a year ago, according to the latest release from the Ministry of Agriculture Statistics Office (DIEA).
US couple picks Uruguay for their property investment
US-based entrepreneur Steve Bowman and his wife, Chris, looked in Panama and researched other tropical locales before they bought property in Piriápolis, Uruguay’s old resort town, 18 months ago. Their reasons for choosing Uruguay included the country’s stability and relatively unspoiled coastline, as well as the friendly people.
Buenos Aires and Santiago among cheapest cities in the world
Oslo, Zurich, Copenhagen, Geneva, Tokyo and New York are considered the world's most expensive cities based on a standardized basket of 122 goods and services from the UBS “Prices and Earnings” survey.
Clear and reliable rules of the game, Uruguay’s main asset
Uruguay remains as a most attractive country for Argentine investors because of its business opportunities, logical taxing system and absence of export levies plus its geographical closeness, according to Luis Bonetto Argentine investment advisor and expert in agriculture.
A second bubble? US homeowners face mortgage debts higher than house value
The percentage of US homeowners who owe more than their house is worth will nearly double to 48% in 2011 from 26% at the end of March, portending another blow to the housing market, Deutsche Bank said on Wednesday.
Featured Analysis
The Hospitality Industry Drives Mixed-Use Development in the Emerging Markets of Central America
This article explains trends in hotel development models and patterns throughout Central America, as well as identifies the countries within the region offering the greatest potential for hotel development.
World skyscraper construction slips 10% in first half of 2009
Construction on more than 10% of 1.306 planned skyscrapers was on hold at the end of June, and there were 11% fewer such projects under way compared with six months ago, according to a report released this week by Frankfurt based Emporis GmbH.
