"The Amazon Forest is the largest natural rain forest in the world. At 2.7 million square miles, it covers 40% of South America"
"South America was named after the Italian explorer Amerigo Vespucci. Although the continent was first discovered by Columbus, it was Amerigo who first proved that it wasn't part of the Far East"
South America
Latest Listings
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District, Province, Country AdCat Listing IDCurrency Price (if rent) per Period
Warehouse with Room to Expand
San Salvador, Jujuy, Argentina for Sale AR-0601007-1930ARS 3,000,000
Cozy Townhouse Ready to Renovate
Santo Andre, Sao Paulo, Brazil for Sale BR-0909002-0052BRL 34,000,000
Community House Blocks Ready to Build
Niteroi, Rio de Janeiro, Brazil for Sale BR-0501006-1202BRL 300,000
Centrally Located Aquatic Center
Santiago, Santiago, Chile for Sale CL-0101002-0402CLP 34,000,000
Prime Land Suitable for Sub-Division
Campinas, Sao Paulo, Brazil for Sale BR-0301002-0032BRL 50,000
Block of 14 Flats in Leafy Suburb
Bulnes, Diguillin, Chile for Sale and Rent CL-0101002-0001CLP 340,000
5-Bed 5-Bath Ranch with Swimming Pool
Teresina, Piaui, Brazil for Rent BR-0102002-0021BRL 600,000 per month
3-Bed Luxury Unit near Transport
La Plata, Buenos Aires, Argentina Wanted AR-0101002-1232ARS 100,000
50% Share of Restaurant Up for Grabs
Rio de Janeiro, Rio de Janeiro, Brazil Offer BR-1201002-1277BRL 70,000
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Featured Listings
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According to internationalliving.com, buying real estate in Chile is a fairly straightforward process, even if you are not a citizen. With proper planning and a good bi-lingual attorney (unless you are fluent in Spanish), buying your home there can be a hassle-free process. Here's what you will need in order to purchase of a home or land in Chile:
- The formalized contract (escritura publica otorgada ante Notario and Escritura Publica). These two are lumped together because the contract is usually part of the Escritura Publica.
- The title report for the property (Estudio de Titulos).
- A RUT (Rol Unico Tributario) if you are a non-citizen non-resident, or a RUN (Rol Unico Nacional) if you are a Chilean citizen or resident of Chile. The RUN is the equivalent to a Social Security number and the RUT is a number used to keep track of foreigners' for tax purposes.
Real Estate Market
Patrick Gillespie reported for Bloomberg in October 2019 "The world's highest interest rates and a currency that has lost 68% of its value since the start of 2018 has led to paralysis in Argentina's real estate market. Home sales with a mortgage have plunged 87% in the province and city of Buenos Aires so far this year. Total home sales -- all cash deals and mortgage-backed purchases -- are down 41%, according to the organizations that track the data. New limits on dollar purchases implemented in the wake of President Mauricio Macri's stunning defeat by Alberto Fernandez in a primary vote make it even harder to buy and sell, as most transactions are done in cash and without a mortgage."
Business Brief
- Brazil is still considered a developing nation, and although that is often interpreted as a precursor for 'high growth levels', it also means that several areas of the economy remain underdeveloped. The consumer base, regulatory environment and sphere of investment are not as mature as those of developed nations, and considerations must be made to that effect.
- In an article written by Max Chafkin for inc.com in 2011, "Argentina does not have a modern financial system. Business credit is nonexistent. Only businesses with many years of operating history can qualify for things such as lines of credit or overdraft privileges. Small-business loans are extremely unusual, and it would be crazy to tap credit cards for operating capital: They have low limits and interest rates of up to 45 percent." Not a lot seems to have changed over time.