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MercoPress, en Español

Montevideo, October 2nd 2025 - 04:07 UTC

Real Estate

  • Wednesday, August 27th 2025 - 09:31 UTC

    Valuable painting stolen by Nazis surfaces in Mar del Plata

    The painting is believed to still be in the Mar del Plata house, but the ad photos have been removed from the realtor's website

    A centuries-old painting stolen from a Jewish art dealer by the Nazis during World War II wound up in Mar del Plata, Argentina, and it was discovered when realtors published images of a property for sale, where it was displayed by the heirs of a former German SS officer.

  • Monday, August 11th 2025 - 08:54 UTC

    Falklands housing policy, ExCo publishes tenancy model to help landlords and tenants

    A set of guidelines has been produced to help landlords and tenants better understand their rights and responsibilities

    Executive Council (ExCo) has approved the publication of the voluntary Model Tenancy Agreement and accompanying Guidance to support both landlords and tenants in the Falkland Islands.

  • Tuesday, August 5th 2025 - 21:26 UTC

    Uruguay's population projected to decline over time

    A smaller population could decrease housing demand in major cities like Montevideo

    A study released this week by Uruguay's National Institute of Statistics (INE) showed that the South American country's population will have dwindled by nearly half a million people by 2070, falling from approximately 3.49 million to 3 million, due primarily to a low birth rate, an aging population, and a net loss to emigration.

  • Friday, May 30th 2025 - 10:23 UTC

    Falklands, changes to Land Values and Service Provision Policy approved

    A uniform un-serviced land rate of £20 per square meter be set for all industrial and mixed-use land, aligning it with the residential land value.

    Changes to the Falkland Islands Government’s (FIG) Land Values and Service Provision policy were agreed by Executive Council this week. The Land Values and Service Provision policy sets out how FIG calculates the price it sells serviced plots, the price for un-serviced land and details the contribution to future servicing.

  • Monday, February 17th 2025 - 00:40 UTC

    Navigating the Texas real estate market: Your guide to success

    Texas is a vast state with diverse real estate markets

    Texas has become a hotbed for real estate opportunities, drawing in buyers, sellers, and investors from all over the country. With its booming economy, diverse cities, and attractive property markets, it’s no surprise that many people are looking to make their move to the Lone Star State. To make this journey seamless, having the right guidance from experienced professionals is crucial. This article explores the role of realtors and agencies in navigating the competitive real estate landscape, with a special focus on San Antonio and other parts of Texas.

  • Monday, December 30th 2024 - 10:25 UTC

    Uruguay confident Argentine tourists will save the Summer season

    Some 400,000 tourists more than last season are expected to spend 16% more in Uruguay this Summer

    Uruguayan tourism analysts predict a 16% growth in spending from foreign travelers during the Summer. An increase in Argentine visitors is expected given the peso's recovery against the US dollar under Javier Milei's Libertarian administration, while the Brazilian front conveys the opposite image after a recent devaluation of the real.

  • Thursday, October 24th 2024 - 00:49 UTC

    Which Limassol property type matches your personality?

    Limassol is a city that has something to offer everyone

    Limassol is a city that is brimming with contrast and diversity, where the breathtaking Mediterranean coastline meets the vibrant pulse of urban life. As the city evolves, its real estate market mirrors this blend of tranquility and energy and offers a variety of property options to suit any lifestyle. If you dream of waking up to the sound of waves, or you thrive on the buzz of city life, there’s a perfect Limassol property for you.

  • Friday, October 18th 2024 - 10:35 UTC

    Uruguayan productive lands changing hands rapidly

    Between January and August, foreign capitals mostly from the United States, Japan, Brazil, and Argentina bought 135,888 hectares

    Uruguayan productive lands were said this week in Montevideo to be changing hands at a faster pace in the first six months of 2024 as the number of hectares traded doubled year-on-year according to the Agriculture and Livestock Ministry's (MGAP) “Price of land” report.

  • Wednesday, July 3rd 2024 - 15:08 UTC

    Falklands extra funds for Tussac House project, to be finished by end of year

    Additional funds are required due to an overspend required to ensure that the project is completed to the high standard set by the Falkland Islands Government.

    Following approval at the Falkland Islands Executive Council on Tuesday 25 June, it was agreed for additional funds to be allocated to the Tussac House, sheltered homes project.

  • Wednesday, April 10th 2024 - 11:06 UTC

    Another major Chinese construction and real estate developer ready to fall

    Like several other Chinese property developers, Shanghai-based Shimao defaulted on offshore bonds in 2022. Last month, it laid out detailed plans to restructure its debts.

    China Construction Bank (Asia), a state owned financial institution filed a petition in Hong Kong to wind up the Shamao Group, after the Chinese real estate and construction developer failed to repay loans worth HK$1.58bn (US$ 201.8m; £159.7m).

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