Reports on Uruguay

Reports on Uruguay

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Country Archive

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Let the Bidding Begin—Uruguay’s Best-kept Real Estate Secret Revealed

Date: 11/06/2007

Not long ago, we were searching for a property in downtown Montevideo, Uruguay. After looking at nearly 50 apartments, we spotted an announcement in the Sunday paper—a property was being auctioned in the part of the city we were interested in. We decided to go. What did we find, you ask?

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Uruguay Owner's Manual

Uruguay is almost impossible to beat when it comes to a first-rate infrastructure, a First-world quality of life, and a friendly and welcoming culture. This country enjoys the second-lowest level of corruption in all of Latin America...you can drink the water from every tap in the country...and the modern, well-maintained highways will whisk you effortlessly from city to city. Plus, you can still buy a luxury apartment in a dazzling resort for less than you’d pay for a small beachfront lot at the end of a long, dusty road in a Third-world country.

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