Friday, August 18, 2023

South American Residential Real Estate News



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We bring you the latest real estate and investment news from the South American countries we specialise in so that you can make informed decisions.

Chilean wine exports suffer a severe decline: China and UK are the worst examples
According to Wines of Chile, Chile's wine exports in 2023 saw "unprecedented decreases", totalling 584 million dollars and 20 million boxes. This represents a 24 per cent drop in volume as well as value when compared with the same time last year. The report noted that "all 10 of our…
In a Real Estate Market frozen by the PASO Elections in Argentina, real estate companies have launched a portal to reduce advertising expenses.
The real estate market in Argentina is going through one of the worst crises in its history. To the adverse scenario is now added the electoral climate that generates total paralysis in purchasing and selling properties. In this context, the Buenos Aires College of Brokers launched its portal. This platform…
Real Estate: Is Milei's win a good or bad sign for the real estate market in Argentina?
The experts were excited about a change of direction and a reactivation of the real estate sector, analyze the implications of the volatility of the dollar and the electoral results. The abrupt devaluation on a black Monday for the markets and the results of the PASO generated a scenario of…
Javier Milei, a far-right libertarian, won the Argentine primary elections.
The La Libertad Avanza candidate seeks to abolish the Central Bank in its present form and adopt the US dollar as the country's currency; he received 30 per cent of the vote in the presidential election. A far-right Libertarian candidate won Sunday's presidential primary in surprising support for a politician…
Why South America should be considered a Preferred Investment Destination
GTSA principal Geoffrey McRae has lived and owned real estate in South America since 2003, so he has his own views of its opportunities and risks. He founded the real estate group under the Gateway to South America brand covering Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, so he has…
According to the Big Mac Index, Uruguay's currency is the most overvalued globally.
The Big Mac Index was developed last month, following June, which had the lowest monthly price decline in the 15 previous months. The Big Mac Index for Uruguay According to The Economist, a Big Mac in Uruguay costs 259 pesos, which is equivalent to approximately $6.86. The same hamburger costs…
Our View of the Latin American Real Estate Market in 2023
An improvement is expected in 2023 in the real estate indicators for the region, mainly the offices. Hybrid and plug and -play will continue to be the trend. There will also be an increase in stability and availability of rental properties, as well as a positive absorption. In the case…
Properties in Buenos Aires for Sale. The answers to 12 key questions that reveal if this year will be a good time to buy
The future of prices, where there are opportunities, the investment in a new builds, the progress of money laundering and the future of rentals, some of the dilemmas that worry those who seek refuge from their investment in bricks. After going through one of the worst moments in the history…
"Chile's Real Estate Market Expected to Reach USD 11.55 Billion in 2023: 4.10% CAGR Growth Predicted for 2023-2028"
In recent years, the real estate market in Chile has experienced significant growth and is expected to continue its upward trend until 2023-2028. Market analysis shows that the real estate market in Chile reached a value of USD 11.55 billion in 2023. Additionally, the market is predicted to have a…
Uruguay's success story continues unabated
Uruguay is posting close to Chinese levels of GDP growth as its economy diversifies, thanks to prudent macroeconomic policies and balanced fiscal accounts that have resulted in low inflation coupled with strong gross domestic product and foreign direct investment growth. At the close of this year, Uruguay will have experienced…


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