Thursday, August 09, 2007

Going global

Head to Uruguay, Italy, and Malaysia for real estate deals that let you live la dolce vita.
By Michael V. Copeland, Business 2.0 Magazine senior writer
March 23 2007: 12:02 PM EDT

(Business 2.0 Magazine) -- With the U.S. real estate market in the doldrums, look south - way south - to Uruguay. Uru-where? The tiny South American nation is wedged between Brazil and Argentina, whose sputtering currencies have been attracting globe-trotting bargain hunters in recent years. But it's getting harder to find a real deal in those countries, with all the competition from euro-flush investors and increasingly prosperous locals. That makes largely overlooked but delightfully cosmopolitan Uruguay the place to be.
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