Full Version: Argentina & Uruguay
Reading on the interanational living website that Argentina & Uruguay make very good retirement destinations. Cheap property after Argentina defaulted in 2001. Property on the up but still considered cheap. Any thoughts anyone?
QUOTE (soldintime @ Oct 30 2007, 02:03 AM) 
Reading on the interanational living website that Argentina & Uruguay make very good retirement destinations. Cheap property after Argentina defaulted in 2001. Property on the up but still considered cheap. Any thoughts anyone?
Been doing a bit of work on Argentina and we are hoping to have an agent on board before Christmas. There are the usual t's needing crossed and i's dotted. Seems a beautiful but difficult place to do honest business in. You're right prices are attractive.
Uruguay is one we would like to look at perhaps next year - know very little about it all at present. Do you have any contacts there?
I live in Buenos Aires full time, I now work for a property company out here - that deals in Argentina and also Uruguay/paraguay/chile.
Thanks for previous information Lewis
I would say honestly that Argentina is not quite as attractive as it was 2/3 years ago, but as the property market is priced solely in US dollars this is really keeping things interesting for uk investors. (its like saying in 2001 uk market not as attractive as in 1998: possible equivalent)
If you would like more detailed information the 1st poster, give me a private message
Thanks for previous information Lewis
I would say honestly that Argentina is not quite as attractive as it was 2/3 years ago, but as the property market is priced solely in US dollars this is really keeping things interesting for uk investors. (its like saying in 2001 uk market not as attractive as in 1998: possible equivalent)
If you would like more detailed information the 1st poster, give me a private message
QUOTE (LondonArgentina @ Oct 31 2007, 06:01 PM)
I live in Buenos Aires full time, I now work for a property company out here - that deals in Argentina and also Uruguay/paraguay/chile.
Thanks for previous information Lewis
I would say honestly that Argentina is not quite as attractive as it was 2/3 years ago, but as the property market is priced solely in US dollars this is really keeping things interesting for uk investors. (its like saying in 2001 uk market not as attractive as in 1998: possible equivalent)
If you would like more detailed information the 1st poster, give me a private message
Thanks for previous information Lewis
I would say honestly that Argentina is not quite as attractive as it was 2/3 years ago, but as the property market is priced solely in US dollars this is really keeping things interesting for uk investors. (its like saying in 2001 uk market not as attractive as in 1998: possible equivalent)
If you would like more detailed information the 1st poster, give me a private message
What about the market in Uruguay? Form information on the Internet I was particularly drawn on the Ciudad Viejo area of Montevideo. Lots of property for sale and promoted in the Punte del este area as well, your thoughts?
Uruguay is quite interesting but i would say discount punte del este - prices have risen far too much recently to be interesting any more (its also vile)
Montevideo has more potential. The old town area of MonteV you mention is safe and will increase in value, but there are others which will rise more (but obv slightly more risk).
However, its not in my 'area' but if you are really interested in SAmerica - brazil is probably the most interesting - especially with the recent news of the world cup. Avoid off plan and you could do well (investment) or just have a great holiday home with decent rent potential and capital growth.
Montevideo has more potential. The old town area of MonteV you mention is safe and will increase in value, but there are others which will rise more (but obv slightly more risk).
However, its not in my 'area' but if you are really interested in SAmerica - brazil is probably the most interesting - especially with the recent news of the world cup. Avoid off plan and you could do well (investment) or just have a great holiday home with decent rent potential and capital growth.
QUOTE (LondonArgentina @ Nov 3 2007, 12:21 AM)
Uruguay is quite interesting but i would say discount punte del este - prices have risen far too much recently to be interesting any more (its also vile)
Montevideo has more potential. The old town area of MonteV you mention is safe and will increase in value, but there are others which will rise more (but obv slightly more risk).
However, its not in my 'area' but if you are really interested in SAmerica - brazil is probably the most interesting - especially with the recent news of the world cup. Avoid off plan and you could do well (investment) or just have a great holiday home with decent rent potential and capital growth.
Montevideo has more potential. The old town area of MonteV you mention is safe and will increase in value, but there are others which will rise more (but obv slightly more risk).
However, its not in my 'area' but if you are really interested in SAmerica - brazil is probably the most interesting - especially with the recent news of the world cup. Avoid off plan and you could do well (investment) or just have a great holiday home with decent rent potential and capital growth.
Very good advice. This is what I did last year in Brazil and it is a little gem
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