Uruguay Coastal Properties

El Espectador reports Argentine President Cristina Fernández Show me the Money! de Kirchner told Uruguayan Foreign Minister Gonzalo Fernandez she intends to end the blockades at the bridges into Uruguay by people protesting the Botnia cellulose pulp mill.

For those of you not aware, Argie protesters have blocked the bridges into the country on and off for two years. They claim the nasty, polluting plant, built by the Uruguayan third world lackeys from Finland is an environmental threat. Of course, the competitive disadvantage of Argentina’s technologically inferior plants have absolutely nothing to do with it.

Mr Fernandez explained, “I mentioned the claims Uruguay makes at every forum regarding the highway blocks to the president. I can say that her answer was understanding and positive regarding this issue.” A few days earlier, the Argentine Foreign Ministry released a statement denying that it had plans to end the blocks, stating that only the Justice Department had the authority to do so. Members of the Gualeguaychu Environmental Assembly rejected Fernandez’s statements and said it was an operation by the Uruguayan press to affect the blocks. Assembly member Jorge Pouler said he does not believe the news from Montevideo.

The Uruguayan officials clearly don’t understand the game. Cristina and her good ole boys and gals are fond of findings several hundred thousand US dollars in cash in the restroom when such matters are at stake. Christina Show Me the Money! says the executive restrooms always have suitcases in them for just this reason.

Our sister publication, Coastal Uruguay, has a series of futuristic time warp articles comparing Spain in the 70’s to present day Uruguay. The estimate of how things might unfold appears to accurate. (I lived in Spain back then for awhile; I’ve seen it first hand.) This same group of articles clearly identifies the challenges…..and the opportunities.

In this parallel universe, the challenges are almost identical. Are the opportunities? If the history of the motherland repeats itself here, things could get interesting on the Coast of Uruguay. The gods may smile on real estate for many of the same reasons here in the Land of the Sun.

Here’s a link to the page where these posts are found, Futurism and History. Do yourself a favor and read these, particularly if you’re researching the country for possible investment.

As Empires crumble into the sand, tiny Uruguay, the little train that could, remains steady.

Stay Tuned!

Steve Bowman

PS: Below is the dictionary definition of Futurism. This pretty much underscores how we feel about life and the tools we approach it with.

fu·tur·ism n
1. fu·tur·ism or Fu·tur·ism an early 20th-century artistic movement that attempted to express the dynamic nature of the modern age using technology.
2. belief in the need to look to the future rather than reflect on the past, coupled with an optimism that personal and social fulfillment lies in the future.

Here’s a good story about, erahh…..justice in the deep south.

A judge in La Paloma, Rocha ruled to transfer a vast beach property of the Mar del Plata area in Rocha, valued at more than USD 4 million, to Luis Sosa for UYP 17,000 (USD 750) using the adverse possession (squatter’s rights) rule. In Uruguay, adverse possession implies that if for 30 years an individual has behaved as the owner of the land, paying corresponding taxes and making improvements, the land becomes this persons property. (The land still has property tax debts totaling USD 100,000. Huh? Go figure.)

The municipality of Rocha requested that the judge reverse her ruling on the transfer. However, Martínez believes the municipality was late in presenting the lawsuit. The judge, Amalis Martinez said, “I don’t give anything to anyone. He has rights in accordance with the evidence and the demands of the law,” Martínez told El Este newspaper.

The 200 hectare property is near La Pedrera on route 10, between El Palenque and San Antonio. It has five kilometers of coastline and can be divided into dozens of high value seaside farms.

Most of the content found here is pragmatic, nitty-gritty fact based stuff. However, I’ve had calls from prospective clients interested in the less obvious things about Piriapolis, like its colorful history and founder.

Francisco Piria, master mason, mystic and developer of Piriapolis is an interesting figure. For those of you intrigued by the metaphysical roots of the city, Coastal Uruguay has a good article on the subject called Mystical Piriapolis. When you read this piece, be sure to take note of a comment by a local named Alex. His comment adds some hard additional details to the original article.

Stay Tuned!

Steve Bowman