RIO DE JANEIRO, BRAZIL - Uruguay is the favorite country for Argentines to invest in real estate. Its legal security, economic stability and proximity are key factors.
There has been a boom in transactions over the past two months. "Between October and November, we sold almost the same as in a full year," say Uruguayan brokers.
The reopening of borders from November 1 to all foreigners was a before and after for the Uruguayan real estate market. "The level of reservations and purchases tripled in the last three months," says Moebius real estate consultancy Gonzalo Martínez Vargas.
According to data . . .
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