An Argentine startup will offer dollarized investments from Uruguay

An Argentine startup will offer dollarized investments from Uruguay

The new investment opportunity was born from an agreement of more than 2 million dollars between the Argentine startup Simplestate and Grupo Solanas (Uruguay), a hotel and real estate holding with a presence in Argentina, Brazil and Uruguay.

The agreement will allow the startup to add Desing Village and La Jacinta to its product catalogue, two closed boutique neighborhoods located in east point.

The startup is aimed at attracting the Latin American public so that they can invest without minimum amounts in products of real estate in countries considered safe and stable, such as USA and Uruguay.

The interest of the Argentine market to enter the Uruguayan Real Estate increased

In Argentina there is a growing interest among real estate players to enter the real estate market. real estate in Uruguaysince it is considered one of the most attractive when making an investment at the level of Latin America.

Montevideo and east point They are places that attract many investors”, since “they have legal stability and stability of their currency, which mainly attracts Brazilian and Argentine investors”, he explained Joaquin Sepulveda Lemosfounder of Simplestate.

Along these lines, he pointed out that east point is experiencing “a lot of growth due to migration.” “Many Argentines are moving to east point due to security conditions and that today remote jobs allow access to work from wherever one wants, which makes it more attractive,” explained Sepulveda.

On the other hand, the founder of the Argentine startup also assured that “today there are more and more technology companies that are also moving to those areas (from maldonado)”.

Source: Ambito

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