Comments on: An Insider’s View of the Property Market http://coastaluruguay.com/2008/11/12/an-insiders-view-on-the-property-market/ Beautiful People, Wonderful Places Wed, 10 Mar 2010 01:23:06 +0000 http://wordpress.com/ hourly 1 By: Steve Bowman http://coastaluruguay.com/2008/11/12/an-insiders-view-on-the-property-market/#comment-1439 Steve Bowman Sat, 22 Nov 2008 23:49:44 +0000 http://coastaluruguay.wordpress.com/?p=396#comment-1439 Gary- I'll let Santiago know you've tried to contact him. I'm in Uruguay next week so contact me as well if you care to. (See the Contact Us Page.) Steve Bowman Publisher/Editor Coastal Uruguay Gary-

I’ll let Santiago know you’ve tried to contact him.

I’m in Uruguay next week so contact me as well if you care to. (See the Contact Us Page.)

Steve Bowman
Publisher/Editor
Coastal Uruguay

]]> By: Gary Gaither http://coastaluruguay.com/2008/11/12/an-insiders-view-on-the-property-market/#comment-1438 Gary Gaither Sat, 22 Nov 2008 23:15:56 +0000 http://coastaluruguay.wordpress.com/?p=396#comment-1438 Thank you, Santiago, Just found you courtesy of Uruguayliving.com. Sue and I will have our second visit to UY in January for med-tourism and church ministry. We would enjoy taking you to lunch or dinner to get you perspective on relocation from the Asheville, NC USA - Gary & Sue Gaither--Godsfriends@bellsouth.net Thank you, Santiago,
Just found you courtesy of Uruguayliving.com. Sue and I will have our second visit to UY in January for med-tourism and church ministry. We would enjoy taking you to lunch or dinner to get you perspective on relocation from the Asheville, NC USA – Gary & Sue Gaither–Godsfriends@bellsouth.net

]]> By: Santiago http://coastaluruguay.com/2008/11/12/an-insiders-view-on-the-property-market/#comment-1436 Santiago Wed, 12 Nov 2008 21:59:30 +0000 http://coastaluruguay.wordpress.com/?p=396#comment-1436 Hello Robert, While you can identify multiple "sub-niche" markets within Uruguay, one basic division is Punta del Este vs. the rest. The RE market of Punta del Este follows the same trend as the RE market of Buenos Aires, it's ups and downs, it's crazyness, the hype and the deep downs. On the other hand, while the "rest of Uruguay" market has some influence from Buenos Aires, the trends in the "rest of Uruguay" are softer, with lower highs, and higher lows. If you know the Buenos Aires RE market and you know when to step in, the gains to be obtained can be huge, so can be the losses. Recently, there's been a trend of Argentinians investing in Montevideo apartments (mainly Pocitos and Punta Carretas districts) as a way of taking the money out of the Argentinian ultra volatile financial system. The volume is not enough as to manage the Montevideo market, but you might have heard about this "new option" from your acquaintances in Argentina. Santiago Hello Robert,

While you can identify multiple “sub-niche” markets within Uruguay, one basic division is Punta del Este vs. the rest.

The RE market of Punta del Este follows the same trend as the RE market of Buenos Aires, it’s ups and downs, it’s crazyness, the hype and the deep downs.

On the other hand, while the “rest of Uruguay” market has some influence from Buenos Aires, the trends in the “rest of Uruguay” are softer, with lower highs, and higher lows.

If you know the Buenos Aires RE market and you know when to step in, the gains to be obtained can be huge, so can be the losses.

Recently, there’s been a trend of Argentinians investing in Montevideo apartments (mainly Pocitos and Punta Carretas districts) as a way of taking the money out of the Argentinian ultra volatile financial system. The volume is not enough as to manage the Montevideo market, but you might have heard about this “new option” from your acquaintances in Argentina.

Santiago

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