Greetings from Uruguay…
I’m here checking out a potential opportunity. But my scouting in Uruguay is part of a bigger story I’m tracking…the rise of South America’s Southern Cone.
This region has vast farmland, abundant energy, and some of the world’s most desirable places to live. And I believe it could be entering a new phase as investment flows in and its potential is finally unlocked.
Uruguay’s coast is where wealthy Argentines have long come to vacation, buy second homes, and protect their money. If Argentina turns a corner, I expect some of that new wealth to find its way across the river.
But there’s also a compelling opportunity in Buenos Aires itself…
President Javier Milei is taking a chainsaw to government spending and trying to change the rules that have held this country back for generations.
Argentina has had plenty of false dawns. But if this turnaround takes hold, I believe Buenos Aires could be one of the great real estate plays of our lifetimes.
In the latest episode of The Ronan McMahon Report, I explain why…and how I’d play it.
Click below to watch it now. And when you’re done, share your thoughts or questions in the comments. My team and I read them all.
A hundred years ago, Europeans had a saying: “Rich as an Argentine.”
In 1914, when Harrods opened its first store outside Britain, it chose Buenos Aires.
Walk past the city’s grand mansions, ornate apartment buildings, and opera houses, and you can still see the wealth of that era.
Then came decades of economic chaos. Repeated debt defaults. Inflation that ran into the thousands of percent. Generations of Argentines saw their savings wiped out.
Today, those magnificent buildings remain. And in some of Buenos Aires’ most desirable neighborhoods, you can buy for a fraction of what comparable real estate would cost in other world capitals.
Now, if Argentina can break that cycle, I believe the right real estate could have extraordinary upside.
And even if it disappoints again, you could still own a beautiful apartment in one of the world’s great cities…for a fraction of what you’d pay in Paris, London, or New York.
Watch my new video to learn:
- Why the return of mortgage lending could bring a whole new wave of buyers into the market…
- The lesson from Ireland’s turnaround that has me watching Argentina’s diaspora…
- My three ways to own in Buenos Aires, from a home with private patios to a classic three-bed in the Recoleta neighborhood…
It’s all in my new video.
Wishing you a good real estate investing,
