Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, June 13th 2025 - 18:01 UTC

Real Estate

  • 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).

  • Friday, September 29th 2023 - 08:04 UTC

    China's leading property company again in financial trouble: debt of US$ 328 billion

    The company's shares ended down 19% on Wednesday in the Hong Kong market, taking their losses to 81% since the resumption of trade in late August.

    Trading of shares in Chinese property giant Evergrande and its two subsidiaries was suspended in Hong Kong on Thursday. A market statement on the Hong Kong Stock Exchange did not explain why trading in Evergrande Group's securities, and share certificates of Evergrande Property Services Group and Evergrande Electric Vehicle Group was halted.

  • Friday, June 30th 2023 - 08:01 UTC

    Falklands Government acquires Stanley Growers provider of 90% of fresh vegetables and fruit

    Some of the valuable producing land of Stanley Growers. (Pic Stanley Nurseries & Garden Centre)

    Last 21 June it was announced that the Falkland Islands Government (FIG) would be acquiring Stanley Growers Limited and Stanley Nurseries and Garden Centre and the land which both businesses occupy, with the intention of managing the business for a time before selling it.

  • Friday, June 23rd 2023 - 10:40 UTC

    Upheaval in UK mortgage market: banks and building societies to meet Chancellor Hunt

    The British government and lenders are under pressure to do more to help those struggling with rising mortgage rates.

    Following on Thursday interest rate hike by the Bank of England, BBC is reporting that banks and building societies are to meet Chancellor Jeremy Hunt to discuss the upheaval in the mortgage market.

Previous