Uruguayan investors purchased 1.1 million hectares in the Paraguayan Chaco

Tuesday, March 8th 2011 - 02:05 UTC

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Uruguayan investors have purchased an estimated 1.1 million hectares in the Paraguayan Chaco, (heartland of landlocked Paraguay) in spite of the fact land prices have quadrupled in the last two years. The record year was 2010 with 200.000 hectares. Read full article

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mastershakejb
What? Decent land is going for 200 $ per hectare right now in Paraguay?
Mar 08th, 2011 - 07:07 am - Link - Report abuse 0
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GeoffWard
Well done, Uruguay!
Got a prime slice of Paraguayan real estate befor the Chinese got it.
Now the Uraguayans can sell 'Paraguayan' beef to the Chinese and make real profits.
Speculate to accumulate!
Mar 10th, 2011 - 10:58 am - Link - Report abuse 0
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