Monday, September 14, 2009

Uruguay and Punta del Este are top of mind for Spanish real estate investors

A recent poll conducted during the Madrid real estate fair by an Argentine market research firm revealed that Punta del Este + Uruguay collectively represent the top choice in terms of real estate investment for the next 12 months among attendees at the Salon Inmobiliario de Madrid, 77% of whom were Spanish.

Uruguay was mentioned spontaneously by 15% and Punta del Este by 12.5% of the 284 potential investors surveyed, for a grand total of 27.5%, followed by Brazil with 22%, U.S. 10% and Miami 7%. None of the respondents mentioned the spontaneous intention of investing in Argentina.

The average amount those surveyed intend to invest over the next year is around 200,000 euros (some US$290,000).

See the entire survey results in Spanish at Reporte Inmobiliario.

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