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URUGUAY MAGAZINE ABOUT EMIGRATION, REAL ESTATES, FORUM, COUNTRY, PEOPLE AND MORE. |
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Rio de la Plata, the 26.8.2004Real estate prices in Uruguay.How does it actually look with the prices for reason and soil in Uruguay? A small overview. Who emigrates to Uruguay, also property has to usually acquire the desire, in order to make itself so independent from future price fluctuations to. Who observes of Uruguay regularities considered and the little market, can thereby usually even price increases for its own real estates book. Like that to go and which traps one can respect in Uruguay has to try like here briefly to describe. Like many other countries of South America also Uruguay is subject to strong price fluctuations. The economic cycles run very here according to experience steeply, but again and again turning. That is called on each very high high follows also again a very deep fall. Which is called for most German-speaking investors thus frequently "hot plaster", it means actually only that one must wait only somewhat if its desire real estate is at the moment overestimated. Who wants to sell should favorable way to wait be able, until the next is highly again there. The cycle speed amounts to on a long-term basis about 3-5 years (6-10 years from valley to valley). Who would like to thus invest in Uruguay, something time and money should have to out-sit to. Who had the possibility substantial profits both however to book here. A further reason for the high fluctuations is the possibility of using Uruguay than country with unrestricted money transfer. Money in Uruguay to invest completely without reservation and legally and thus the treasury extract lures naturally investors from all world. A far less speculative however be worth-worth way of the winner managing in the reason and real estate range is the development and refinement of new coastal regions. Who has the necessary investment volume to partition and with infrastructure equip in order to buy a large piece country at the coast, finds favorable conditions in Uruguay. A piece country with approximately 2000 meters beach and approx. 80 hectares of surface area close of the city Colonia del Sacramento is to be received here still approximately for 1 million dollar. Equipped however vacant such dream situations are to be sold to pieces of for example 5 hectares of A 200000 U$S. Less the costs of development, Partionierung and permission is to be gained so still about 150 to 200 per cent profit in approximately 5 years. The necessary investment volume however unfortunately is with approximately 1.5 million dollar. Naturally smaller volumes would be also conceivable, but unfortunately by far not so effective. Who wants to build itself "only" its dream domicile, and it does not intend ever again to sell, would like to give like finally still another approximate price guideline for properties and real estates. The list can be naturally never complete or accurate. It is to give only an idea to that is situation, so that it is possible to consider or directly reject Uruguay as investment country. With a in such a way complicated market like Uruguayi is naturally only difficult a safe pattern to provide. We hope to have given however nevertheless an approximate idea to the situation of the property market in Uruguay. Faithfully, |
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We are canadians and we thouroughly enjoyed your article. Very analitical and full of useful information. Thank you