Author Archives: uruguayguy

Construction Costs Rising in Uruguay and Argentina

By uruguayguy | Published: February 26, 2010

Alfredo Sainz from THE NATION After a year with no change in prices for new homes in Buenos Aires, experts are predicting prices rises in 2010. Real estate professionals and developers are predicting further increases in the values of the apartments and houses, caused general inflation and increases in the costs of construction. According to projections made [...]

Real Estate Tax Revenues Little Changed from 2009

By uruguayguy | Published: February 26, 2010

Maldonado, Uruguay (UD) -Real Estate tax revenues, factoring in inflation, for Maldonado for the month of January 2010 was very similar to January of 2009. In other words, it showed very little year over year change.

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Uruguay Still Booming, Foreigners and Expats Abound

By uruguayguy | Published: January 30, 2010

I was reading la nacion this morning in the Punta Carretas mall McChundley’s this a.m. — the McCafe actually and the reports for the year end 2009 are rolling in from the various ministries. As much as I could understand what I was reading, things seem to still be booming down here. If local tourist traffic is [...]

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Uruguay Sun

By uruguayguy | Published: January 12, 2010

I took two separate day trips the last couple of days to el pinar, the montevideo suburb with white sandy beaches, and water of questionable clarity, and then again to Colonia, the oldest settlement of Europeans in Uruguay. The first trip to El Pinar took place on an incredibly sunny day. We went out way too [...]

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Uruguay GDP grows 2.5% Q o Q

By uruguayguy | Published: December 17, 2009

GDP grew 2.5% The central bank on Tuesday released the National Accounts Quarterly report for July-September. According to the data, the Gross Domestic Product (GDP) grew 2.5%. The Uruguayan economy grew for the second consecutive quarter. The quarter on quarter growth is 2.5%, bringing the cumulative growth of GDP at 1.7% so far this year. Uruguay’s year started [...]