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97% of Argentine owners would reinvest in real estate in Montevideo

RIO DE JANEIRO, BRAZIL - Currently, 97.4% of these foreign owners are "very pleased with their investment," and would invest again.

The recovery of investment is key to reinvesting and reacquiring a property in Montevideo, the report explains.

"For instance, a property under construction is 20% cheaper than what it would cost once completed. During 10 years, with tax exemptions, once the property has been released and leased, 80% of the invested capital can be recovered. And the sale value of the property after a couple of years has increased by at least 10%. In short, after 10 years of . . .

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