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Overseas Real Estate: $55,000 for a home in paradise

Published on October 14, 2008

by Lee Harrison, International Living
Four years ago, Fray Bentos had the charming feel of a waterfront town that was left back in time. But not anymore.
It’s still charming…but it’s now at the leading edge of Uruguay’s prosperity.
Fray Bentos is perched on the banks of the four-mile-wide Uruguay River. Tall sycamores shade its nicely maintained [...]

Posted by TFN Real Estate · Filed Under Real Estate | 1 Comment 

Punta del Este: Cheap real estate and a safe haven

Published on September 29, 2008

Punta del Este offers great beachfront properties for less than $100,000. And you can find homes inside the city for $60,000. This just might be the best place to hold on to your hard-won cash for the coming financial storm.
If the financial crisis continues for much longer, we might all be considering a move [...]

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Don’t Buy Telmex (TMX)! Buy Telmex Internacional!

Published on June 11, 2008

“Unless Telmex gets the triple-play permission, it could see little to no, or even negative (with more and more customers trading in their landlines for cell phones), growth in coming years.” — Stephanie Grimmett
by Stephanie Grimmett
Baltimore – (TFN): Shares of Telefonos de Mexico (Telmex) (TMX: NYSE) crashed today after it spun off its subsidiary [...]

Posted by Stephanie Grimmett · Filed Under International Investing | Leave a Comment 

A House for Less than $50K? Yep, in Uruguay

Published on May 29, 2008

“Mercedes is the kind of place where everyone knows everyone, people are friendly, and you can leave your bicycle unchained on the sidewalk. Best of all, I found an apartment in a great location going for $47,000 and a house for only $45,000.” — Lee Harrison
by Lee Harrison
I’ve enjoyed a lot of [...]

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