South America Archives - Check in Price https://checkinprice.com/category/articles/south-america/ Travel Economics for Expats and Travelers Sat, 16 Mar 2024 19:34:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://checkinprice.com/wp-content/uploads/2021/10/cropped-Blue-Icon-Construction-Logo-7-32x32.png South America Archives - Check in Price https://checkinprice.com/category/articles/south-america/ 32 32 Where to Stay in Montevideo, Uruguay https://checkinprice.com/where-to-stay-montevideo/ Fri, 08 Mar 2024 13:27:29 +0000 http://checkinprice.com/?p=2457 Where to stay in Montevideo? Check our guide on the best areas in the Uruguay capital, one of the safest and most charming cities in South America Montevideo is Uruguay’s capital and largest city, a well-kept secret in South America. Be sure to check out the following insider tips on ... Read more

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Where to stay in Montevideo? Check our guide on the best areas in the Uruguay capital, one of the safest and most charming cities in South America

Montevideo is Uruguay’s capital and largest city, a well-kept secret in South America. Be sure to check out the following insider tips on where to stay in Montevideo and have a great experience.

where to stay in montevideo
Montevideo. Photo by Marcelo Campi

A bit shrouded by Brazil and Argentina, Uruguay may not be such a popular holiday destination, but that changed when Lonely Planet named the little country one of the top places to visit in 2016.

If you plan visiting soon, this guide will help you take the most out of your trip to Montevideo. Keep reading to find out more about the best places to stay, the average costs and when to visit.

Tourism in Montevideo: Overview

Montevideo is the home of over a million Uruguayans, famous for their casual attitude toward life. After all, it’s the best city for quality of life in Latin America. Founded between 1724 and 1726, the past and present history and architecture coexist among offices, art deco and neoclassical buildings. On the Río de la Plata, some beaches bear resemblance to Miami or Copacabana.

Montevideo offers many tourist attractions spread across several areas you can visit. Ciudad Vieja, Barrio Sur, Palermo, Pocitos, Punta Carretas, all have plenty of attractions with options for all ages and adaptable to every budget, from the luxury shopping malls and spas in Carrasco to the free museums in Ciudad Vieja. Instead of renting a car, try using public transportation like locals do. Taxis are also reliable and quite cheap.

If you’re planning on visiting Montevideo anytime soon, you can’t miss Uruguayan symbols such as mate, tango, the carnival and novelist Mario Benedetti. As far as cuisine is concerned, locals take pride in the Uruguayan chivito. The traditional dish, part of the national culture, has veal tenderloin as its main ingredient. Hundreds of people compete to see who can make the most Uruguayan chivito in local and regional contests open to the general public.

Many travelers choose Montevideo looking for a safe, relaxed and laid-back holiday destination, but some areas may be quieter than others. In general, the Eastern area of the city is busy on work days, while the Western region is more peaceful all week. Uruguay’s capital city is close to other popular holiday destinations, such as Punta del Este, Piriápolis and a bit further, Colonia del Sacramento. All are only a few hours away by bus, and offer different tourist attractions.

Best Places to stay in Montevideo

Since there is so much to see and do in Montevideo, it’s not easy to choose a place to stay. The eclectic city offers a variety of options for a wide range of tastes, and it’s important to plan ahead to have a great experience. The Eastern neighborhoods and downtown are both great options for those who want a vibrant experience. Prado, on the other hand, is better for visitors looking to relax.

Ciudad Vieja (Old City)

Ciudad Vieja is great for tourists who want to be out and about. The historical center is at walking distance from downtown, Barrio Sur, Palermo and Parque Rodó. Pocitos and Punta Carretas are also very close via public transport. The accommodation offers include both hotels and hostels. There are several museums within Ciudad Vieja, including the Museum of Decorative Arts Palacio Taranco and the National History Museum.

The Old Town also has many beautiful plazas to sit down and relax, such as Zabala and Constitución. Every day since May, a party leaves from Plaza Independencia to a guided tour around the Salvo Palace, place deeply connected with Montevideo’s history and identity.

Although there are plenty of parks and nice restaurants to have lunch, Ciudad Vieja is not the best spot for nightlife.

Punta Carretas

Punta Carretas is perhaps Montevideo’s most popular neighborhood for tourists. Also called Punta Brava (Wild Peak), it’s located in the dangerous, rocky peak point on the Southern coast of the city. Punta Carretas is known as an upper-middle class neighborhood, so it’s no surprise hotels here are more expensive than in other parts of the city.

The nearby neighborhoods are Parque Rodó and Pocitos, with its beautiful beaches. Although it’s not so picturesque as the gardens in Prado, Punta Carretas has many tourist attractions, such as shopping malls and a wide range of gastronomic offers.

The area was the host of the local racetrack for several years, and is now home to the Uruguay’s Golf Club and the Pittamiglio Castle, which was once architect Humberto Pittamiglio’s home. The imposing structure is surrounded by myths and mystery. A legend even says it was once refuge of the Holy Grail.

Pocitos

Pocitos is another upscale neighborhood in Montevideo, close to Punta Carretas. It also enjoys easy connectivity to the old city, and here are some of the best restaurants in the city. 

Budget Accommodation in Montevideo – $

Posada Del Gaucho – a budget option in the Ciudad Vieja area, offering dorm beds and private rooms.

Hotel Palacio –  an affordable hotel in the Ciudad Vieja district.

Reasonably Priced Accommodation in Montevideo – $$

Holiday Inn Montevideo – a reasonably priced option in the center of the city, one of the best places to stay in Montevideo.

Puerto Mercado Hotel – a modern option in the Ciudad Veja area of Montevideo.

27 Suites – an excellent choice in the Pocitos district, close to the Punta Carretas Shopping Center.

Luxurious Hotels in Montevideo – $$$

Esplendor Montevideo – A Wyndham Grand Hotel – a luxurious option in one of the best areas to stay in Montevideo.

Oliva Luxury Hotel Montevideo – a splendid hotel in the Punta Carretas district of Montevideo.

Cost of Travel in Montevideo

Montevideo is often called the ‘Switzerland of South America’ because it’s the continent’s most expensive city to live in. However, it’s cheaper as a holiday destination. Tourists spend an average of $200 per day, depending on the season and the kind of trip.

montevideo-uruguay
Montevideo Photo by Alejandro Dagnino

To cut down costs, use public transportation whenever possible. You can also check the local cultural calendar for low-cost activities, such as a bike tours across the city, tango lessons, art workshops or movie screenings at some museums. The local government also offers free events, like guided visits around the botanical gardens, art exhibitions and intercultural celebrations in which the Uruguayans honor other countries.

Best Months to Visit Montevideo

Located on the north shore of the Río de la Plata, Montevideo has a subtropical climate that brings hot summers and cold winters. Autumn and spring, on the other hand, provide for mostly sunny days and nice temperatures to go out and explore the city.

The spring months (September, October, November) are the best months to visit Montevideo. It’s great to take walks along the Rambla and stroll around the traditional Sunday fair at Parque Rodó. All throughout the city, the trees that cover the streets make a beautiful scene. The oldest tango international festival, “Viva el Tango”, takes place in October.

Montevideo is also very attractive in the summer (December to March) when a nice cool wind blows from the ocean. In February, the carnival takes hold of the city. During two days, comparsas dress up the streets with color, music and dance.

Other Resources for Traveling in South America

Are you traveling to South America? Check our guide on where to stay in Buenos Aires and the best areas to stay in Sao Paulo.

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Where to Stay in Florianopolis, Brazil https://checkinprice.com/where-to-stay-in-florianopolis/ Wed, 14 Jun 2023 15:52:20 +0000 https://checkinprice.com/?p=21074 Best areas to stay in Florianopolis: Discover which neighborhoods are the best on the island, according to your travel needs Welcome to Florianopolis, Brazil’s enchanting island city known for its pristine beaches, breathtaking landscapes, and vibrant cultural scene. With over 40 stunning beaches, each with its own allure, Florianopolis offers ... Read more

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Best areas to stay in Florianopolis: Discover which neighborhoods are the best on the island, according to your travel needs

Welcome to Florianopolis, Brazil’s enchanting island city known for its pristine beaches, breathtaking landscapes, and vibrant cultural scene. With over 40 stunning beaches, each with its own allure, Florianopolis offers a tropical paradise experience. In this article, we’ll explore the best areas to stay in Florianopolis, each catering to different preferences.

From the bohemian charm of Lagoa da Conceição to the historical ambiance of Centro, and the laid-back beach town vibes of Barra da Lagoa, there’s something for everyone.

Lagoa da Conceição, nestled between lush hills and the picturesque Lagoa da Conceição, is a haven for nature lovers, water sports enthusiasts, and food aficionados. Centro immerses you in Florianopolis’ rich history and vibrant city life, with its charming streets, colonial architecture, and easy access to other parts of the island.

Meanwhile, Barra da Lagoa offers a delightful blend of tranquility and adventure, with its golden sands, surf lessons, and bohemian atmosphere.

Get ready to discover the perfect base for your Florianopolis adventure, where you can indulge in nature, vibrant city life, and unforgettable experiences. Whether you’re seeking relaxation, outdoor activities, or a taste of Brazilian culture, Florianopolis has it all. Join us as we delve into the best areas to stay in Florianopolis, each offering a unique experience and a gateway to this tropical paradise. Let’s embark on a journey to find your ideal spot in Florianopolis!

Best Areas to Stay in Florianopolis

Lagoa da Conceição

Lagoa da Conceição is undoubtedly one of the best areas to stay in Florianopolis, offering a perfect blend of natural beauty, recreational activities, and a vibrant bohemian atmosphere. Nestled between lush hills and the picturesque Lagoa da Conceicao, this neighborhood provides an enchanting backdrop for an unforgettable stay.

The lagoon itself is a playground for water sports enthusiasts, where you can try your hand at stand-up paddleboarding, windsurfing, or simply enjoy a leisurely boat ride. The surrounding hills also offer excellent hiking trails, allowing you to explore the lush greenery and catch breathtaking views of the lagoon and its surroundings.

Beyond its natural charm, Lagoa da Conceicao is a thriving hub of trendy cafes, boutique shops, and lively bars. The streets come alive with an artistic and bohemian vibe, attracting both locals and visitors alike.

Whether you’re seeking a cozy cafe to enjoy a cup of Brazilian coffee, shopping for unique souvenirs, or looking for a vibrant nightlife scene, Lagoa da Conceicao has it all. Additionally, the neighborhood’s central location provides easy access to other parts of the island, allowing you to explore Florianopolis’ other stunning beaches and attractions with convenience.

In Lagoa da Conceicao, you’ll have the opportunity to experience the best of both worlds – the serenity of nature and the energy of a lively neighborhood. Whether you’re seeking relaxation, outdoor adventures, or a taste of the local culture, Lagoa da Conceicao offers an ideal base for your Florianopolis stay. Get ready to immerse yourself in the enchanting beauty and vibrant atmosphere of this neighborhood as you create unforgettable memories in one of Brazil’s most captivating destinations.

Hotels in Lagoa da Conceição 

The Hyperion Boutique Hotel Immerse yourself in the bohemian charm of Lagoa da Conceicao at The Hyperion Boutique Hotel, where cozy accommodations, warm hospitality, and stunning lagoon views create an unforgettable stay.

Essência do Sol Pousada Experience the ultimate beachside retreat at Essência do Sol Pousada, where stylish rooms, direct beach access, and a tranquil atmosphere make it a perfect stay in Florianopolis.

Centro (Downtown)

Centro, or downtown Florianopolis, is the perfect choice for business visitors seeking convenience and a vibrant urban atmosphere. With easy access to government buildings, corporate offices, and commercial hubs, this central neighborhood ensures a seamless experience for professionals on business trips. The well-connected public transportation system allows for efficient commuting, making it a practical and time-saving option.

Centro’s historical charm and cultural significance add to its appeal. Walking along the cobblestone streets, visitors can admire colonial buildings and landmarks that reflect the city’s unique heritage. The iconic Hercilio Luz Bridge stands as a symbol of Florianopolis and adds a touch of grandeur to the neighborhood. Additionally, Centro offers a vibrant nightlife scene with diverse dining options, entertainment venues, and bars. After a day of work, business visitors can unwind in lively establishments and soak up the energetic atmosphere.

Staying in Centro also provides the opportunity to strike a balance between work and leisure. During free time, visitors can explore nearby attractions such as the Mercado Publico, a bustling market where they can sample local delicacies or shop for unique products. The neighborhood’s central location allows for easy access to other parts of Florianopolis, enabling business travelers to enjoy the city’s stunning beaches and natural wonders during their downtime.

For business visitors seeking convenience, a taste of history, and a dynamic urban environment, Centro offers an ideal base in Florianopolis. With its accessibility, cultural richness, and vibrant atmosphere, it ensures a productive and memorable stay for professionals on the go.

Hotels in Centro (Downtown)

Novotel Florianopolis Discover the vibrant heart of Florianopolis at Hotel Floripa Centro, where modern comforts, a central location, and attentive service combine to provide a convenient and enjoyable stay in the bustling downtown area.

Blue Tree Premium Florianópolis Step into a world of charm and elegance at Blue Tree Premium Florianópolis, nestled in the center of the city, next to the Beira Mar Shopping Mall.

Ingleses

Ingleses is a highly recommended area to stay in Florianopolis, offering a delightful combination of beautiful beaches, convenience, and a welcoming atmosphere. Situated in the northern part of the island, Ingleses boasts a long stretch of pristine coastline with soft sands and crystal-clear waters. Beach lovers will be in paradise here, as Ingleses Beach provides ample opportunities for sunbathing, swimming, and enjoying water sports like surfing and snorkeling.

Apart from its natural beauty, Ingleses offers a range of amenities and services that make it an ideal choice for visitors. The neighborhood is home to a variety of restaurants, cafes, and beach bars, where one can indulge in local cuisine and refreshing drinks. Shopping enthusiasts will find plenty of options at the Ingleses Open Shopping, a charming open-air mall with a diverse selection of shops, boutiques, and markets. Additionally, the area is well-served by public transportation, making it easy to explore other attractions in Florianopolis.

Ingleses Praia Hotel Experience beachside bliss at Ingleses Praia Hotel, where comfortable accommodations, stunning ocean views, and a range of amenities create the perfect coastal getaway in the charming Ingleses neighborhood of Florianopolis.

Costa Norte Ingleses Hotel Unwind in style at Costa Norte Ingleses Hotel, where modern sophistication meets beachfront relaxation. With its prime location, luxurious rooms, and a host of recreational facilities, this hotel offers a memorable stay in the picturesque Ingleses area, just steps away from the sun, sand, and sea.

Canasvieiras

Canasvieiras is a highly recommended area to stay in Florianopolis, known for its stunning beach and vibrant atmosphere. Located in the northern part of the island, Canasvieiras Beach is a major highlight, featuring soft sands, clear turquoise waters, and a lively shoreline. It offers a range of activities, from sunbathing and swimming to water sports like jet skiing and banana boat rides. The beach is well-equipped with amenities, including beachfront bars and restaurants where visitors can savor delicious seafood dishes and refreshing drinks while enjoying the ocean views.

Beyond its beautiful beach, Canasvieiras provides a vibrant and bustling environment. The neighborhood is lined with a diverse range of shops, boutiques, and souvenir stores, offering ample opportunities for shopping and exploring. In the evenings, Canasvieiras comes alive with its lively nightlife scene, featuring bars, clubs, and live music venues that cater to both locals and visitors. With its vibrant atmosphere, Canasvieiras ensures a memorable and enjoyable stay for those seeking a beach destination with plenty of entertainment options.

Ilhasul Hotel Residencia Immerse yourself in beachfront luxury at Ilhasul Hotel Residencia, where refined accommodations, panoramic sea views, and top-notch amenities create an idyllic retreat in the vibrant Canasvieiras neighborhood of Florianopolis.

Hotel & Pousada Sonho Meu Experience warm hospitality and comfort at Hotel & Pousada Sonho Meu, located just a short stroll from the beautiful Canasvieiras Beach. With its inviting rooms, convenient amenities, and a welcoming atmosphere, this hotel offers a delightful stay for guests looking to explore the lively surroundings and enjoy a beachside vacation in Canasvieiras.

Campeche

Campeche is a charming area to stay in Florianopolis, known for its laid-back vibe and pristine beach. Nestled in the southern part of the island, Campeche Beach captivates visitors with its expansive golden sands, crystal-clear waters, and breathtaking natural beauty. The beach is a haven for surfers and nature enthusiasts, offering consistent waves and stunning views of the iconic Campeche Island. With its relaxed atmosphere, picturesque surroundings, and easy access to nearby attractions like the Lagoa do Peri Nature Reserve, Campeche provides a tranquil retreat for those seeking a quieter beachside experience in Florianopolis.

Pousada Do Capitão Indulge in tranquility and natural beauty at Pousada Do Capitão, nestled in the peaceful Campeche neighborhood. With its serene surroundings, comfortable accommodations, and proximity to the pristine Campeche Beach, this hotel offers a serene escape for those seeking a relaxing and rejuvenating stay in Florianopolis.

Best Place to Stay in Florianopolis for a Family with Kids

For a family with kids, the best place to stay in Florianopolis would be Ingleses. This family-friendly neighborhood offers a perfect blend of beautiful beaches, convenience, and amenities suitable for children of all ages. Ingleses Beach features soft sands and calm waters, providing a safe and enjoyable environment for kids to play, swim, and build sandcastles.

The area is also home to a variety of accommodations, including resorts and hotels that cater specifically to families, offering amenities like pools, children’s play areas, and organized activities.

Additionally, Ingleses offers a range of dining options, with many restaurants serving kid-friendly menus and providing a welcoming atmosphere for families. With its stunning beach, family-oriented amenities, and welcoming environment, Ingleses ensures a memorable and enjoyable stay for families with kids in Florianopolis.

Best Place to Stay in Florianopolis for a Romantic Couple Getaway

For a romantic couple getaway, the best place to stay in Florianopolis would be Lagoa da Conceicao. This picturesque neighborhood offers a perfect blend of natural beauty, romantic ambiance, and diverse attractions. Nestled between lush hills and the stunning Lagoa da Conceicao, couples can indulge in romantic walks along the lagoon’s shores, take scenic boat rides, or simply bask in the serenity of the surrounding nature.

The Lagoa also boasts a vibrant culinary scene, with intimate restaurants offering a variety of cuisines, perfect for romantic candlelit dinners. The neighborhood’s bohemian charm, art galleries, and boutique shops add to its allure, providing ample opportunities for couples to explore and create unforgettable memories together. With its enchanting atmosphere and romantic experiences, Lagoa da Conceicao sets the stage for a truly memorable and romantic couple getaway in Florianopolis.

Other Resources for Traveling in Brazil and South America

If you are considering traveling to South America you might want to check some of our other guides to the region. Check where to stay in Sao Paulo, Brazil, or the best areas to stay in Montevideo, Uruguay and the best neighborhoods in Buenos Aires, Argentina.

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How Airbnb makes money and how you can profit from it too https://checkinprice.com/airbnb-makes-money/ Thu, 27 Apr 2023 16:16:14 +0000 https://checkinprice.com/?p=20964 Airbnb has revolutionized the travel industry by providing a platform for individuals to rent out their properties to travelers around the world. Since its launch in 2008, the company has experienced tremendous growth, and today it operates in more than 220 countries and has over 150 million users worldwide.   ... Read more

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Airbnb has revolutionized the travel industry by providing a platform for individuals to rent out their properties to travelers around the world. Since its launch in 2008, the company has experienced tremendous growth, and today it operates in more than 220 countries and has over 150 million users worldwide.
 

So, How does Airbnb make money?

One of the primary ways in which Airbnb generates revenue is through commissions from the rental owners. The company charges a fee to hosts for every booking made through the platform. The fee is usually a percentage of the total booking amount and can range from 3% to 14.2%, depending on the type of property and the location. In addition, Airbnb charges guests a service fee, which ranges from 0% to 20%, and is based on the cost of the rental. These fees are how Airbnb makes money and are a significant part of the company’s revenue stream.

The commission-based model is a win-win for both Airbnb and rental owners. Rental owners get the benefit of a platform that connects them with potential guests, offers booking management tools, and provides access to a large audience. Meanwhile, Airbnb benefits from the commissions generated by these bookings.

This model incentivizes both parties to work together to create a positive experience for guests, which can lead to repeat bookings and a loyal customer base for Airbnb. Overall, the commission-based model has been a successful strategy for Airbnb, enabling the company to generate significant revenue while simultaneously providing value to rental owners and travelers.

Is Airbnb profitable?

Airbnb has been profitable in recent years, although the company has had some ups and downs. In 2020, the company reported a net loss of $696.9 million due to the COVID-19 pandemic’s impact on the travel industry. However, in the second quarter of 2021, Airbnb reported its first profitable quarter since going public in December 2020.

The company reported a profit of $217 million, up from a loss of $400 million in the same quarter the previous year. This shows that the company has the potential to be profitable and that its business model can work in different market conditions.

The price-to-earnings (P/E) ratio is a useful metric for investors to evaluate the financial health of a company. The P/E ratio represents the price of a company’s stock divided by its earnings per share. In recent years, Airbnb’s P/E ratio has been relatively high compared to other companies in the travel industry, indicating that investors have high expectations for the company’s future earnings potential.

In April 2023, the company’s P/E ratio was around 40, indicating that investors were willing to pay a premium for the company’s stock based on its potential earnings growth (Booking for example had a PE ratio around 34 in the same period). Overall, while Airbnb has faced some challenges in recent years, the company has shown that it can be profitable and has a business model that appeals to both investors and users.

How can you make money with Airbnb?

Becoming an Airbnb host can be a great way to generate income by renting out your extra space to travelers. To get started, you will need to create a profile on the Airbnb platform and list your space with a description, photos, and availability. Once your listing is live, you can start receiving booking requests from travelers around the world. As a host, you can set your own rental rates and availability, and Airbnb will take care of the payment processing and insurance coverage for your property.

There are several ways you can make money as an Airbnb host. One way is to rent out a spare room in your home, which can be a great way to earn extra income while still having the flexibility to use your home for your personal needs. You can also rent out your entire home while you’re away on vacation or for extended periods.

Additionally, you can offer unique accommodations like treehouses, yurts, or tiny homes, which can attract adventurous travelers looking for a one-of-a-kind experience. As a host, you can also offer additional services like airport pick-up, tours, or meals, which can generate extra income and enhance the guest experience. Overall, Airbnb provides a great opportunity for individuals to monetize their extra space and generate income in a flexible and convenient way.

But, How can you make money on Airbnb without a property?

One may initially think that it’s impossible to make money on Airbnb without owning a property, but in reality, there are a few ways to earn income from this popular platform.

One of the most popular options is to become an Airbnb property manager. This involves managing the properties of other Airbnb hosts in exchange for a fee. As a property manager, you would be responsible for communicating with guests, handling bookings, and ensuring that the property is in excellent condition. This can be a profitable way to make money without the expense of owning a property.

Another way to make money on Airbnb without owning a property is by creating a cleaning company that specializes in cleaning Airbnb rentals. With the increasing popularity of Airbnb, many hosts are in need of reliable and efficient cleaning services to ensure that their properties are ready for the next guest.

As a cleaning company owner, you can offer cleaning services to multiple Airbnb hosts and charge per clean. By providing excellent service, you can establish a solid reputation and attract more clients, which can lead to a steady stream of income. Overall, with a little creativity and initiative, making money on Airbnb without owning a property is definitely possible.

Other Resources for Airbnb Owners

Check our post on the best countries to invest on an Airbnb property. Or book a consultation call with me if you want to invest on Airbnb.

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Where to Stay in Quito, Ecuador? Neighborhoods Guide https://checkinprice.com/where-to-stay-in-quito-ecuador/ https://checkinprice.com/where-to-stay-in-quito-ecuador/#comments Sun, 23 Apr 2023 09:32:45 +0000 http://checkinprice.com/?p=6333 Where to stay in Quito? Let’s check what the capital of Ecuador has to offer in its best areas and featuring an overview of traveling to Quito Quito is the capital of Ecuador and has one of the best-preserved colonial centres in South America. It’s the second highest capital city ... Read more

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Where to stay in Quito? Let’s check what the capital of Ecuador has to offer in its best areas and featuring an overview of traveling to Quito

Quito is the capital of Ecuador and has one of the best-preserved colonial centres in South America. It’s the second highest capital city in the world, at 2,850m and in ths post we willl cover the best areas to stay in Quito.

where to stay in quito ecuador

This guide will help you work out the best places to stay in a massive sprawl with over 2,000,000 inhabitants. It’s a great place to see history, nature, and of course, to party.

Travel in Quito: Overview

Quito is one of the biggest tourist draws in Ecuador, for a number of reasons. Firstly, the historic centre is recognised by UNESCO as a world heritage site. It’s full of whitewashed European style churches, huge cobbled squares great for people-watching, fascinating museums, and traditional artisans shops.

Outside of the historic centre, there’s great nightlife in the Mariscal district, and some amazing viewpoints that give a bird’s eye view of the city. The best are San Francisco cathedral, the teleférico, and the virgin of Panecillo. Quito is also a great base for day trips. From here, you can take a tours to Otavalo market, the Cotopaxi volcano, and stand on both sides of the equator at Mitad del Mundo.

As for getting to Quito, and Ecuador for that matter, the main point of entry is the Mariscal Sucre International Airport. It offers direct flights to a number of cities in North and South America, as well as flights to Europe.

If you are flying to Quito, compare and book flights using Jetradar.

Quito has a reputation for being unsafe, especially at night, but using common sense prevents most incidents. When going out, stay in a group and don’t take any valuables out with you. Taxis are inexpensive, so use them at night.

Best areas to stay in Quito

There are a lot of neighborhoods in Quito, each offering a different experience of the city. The historic centre is close to the majority of the attractions, whereas La Mariscal or La Floresta are good if you want to meet other travellers. Residential areas will offer you a different perspective and can be a great experience too. Wherever you stay, remember to use a map when you’re booking. Quito is HUGE.

La Mariscal

La Mariscal is a favourite among backpackers because it has the best nightlife in Quito. It is also where you’ll find the biggest concentration of hostels. Many of them have rooftop bars and terraces where you can watch the sunset and socialise over a few drinks. You can find a bed in a dorm room for about $10 a night here, or a private room for $25-30.

The best hostels are within a 5-minute walk from the nightlife hub, Plaza Foch. Take a taxi at night, even for this short distance. During the day, La Mariscal is home to a number of restaurants where you can get everything from traditional Ecuadorian cuisine, to pizzas, to sushi. There are also several travel operators where you can book onward travel to Amazon rain forest lodges, the Galapagos Islands, or day trips to nearby sites. La Mariscal is a lot of fun but if you’re looking for an authentic experience of Quito, this isn’t the place for you.

Old Town

The Old Town is a great place to stay, and although it’s a little pricey, the majority of Quito’s attractions are here. Also, the extra money you spend on your accommodation will be saved on taxi fares at night if you’re staying around this area. As well as a number of hostels, there are several mid-range and luxury hotels in the historic centre. Hostels are a similar price to what you get in La Mariscal, and hotels start from $30 for a private double room with mod-cons like a TV, wi-fi and a free breakfast.

The cobbled squares and churches are lit up at night and look even more beautiful. However, like La Mariscal, you should be careful and don’t go wandering down any dark alleyways.

As well as the historic attractions, the old town boasts some great shopping and restaurants. Head to La Ronda, a picturesque and pedestrianised street where you’ll find some of Quito’s best restaurants. Plaza San Francisco and Plaza Grande are also a great place to pass some time. Some of the best cafés and chocolate shops are a short walk from this square.

Budget Accommodation in Quito – $

Masaya Hostel Quito – an excellent value for the money option in one of the best areas to stay in Quito.

El Patio Hostel Quito –  a great hostel in the Mariscal area, with easy access to the Plaza Foch.

Reasonably Priced Accommodation in Quito – $$

Hotel San Francisco De Quito – a charming hotel in the historic center of Quito.

Hotel Reina Isabel – an excellent to stay close to the Plaza Foch.

Luxurious Hotels in Quito – $$$

Hotel Patio Andaluz – An elegant and luxurious in the old town, one of the best places to stay in Quito.

Plaza Grande Hotel – a splendid hotel at the very heart of Quito’s old town.

Cost of travelling in Quito

Because it’s the capital city, Quito is more expensive than other parts of Ecuador, but it’s still very affordable. If you’re on a tight budget, you can spend $30 dollars a day including your hostel and a 3 course almuerzo (lunch). Public transport is easy to use, and most bus routes only cost $0.25. When taking a taxi, make sure they use the meter.

Quito. Photo by Adam Reeder

One of the advantages of traveling to Ecuador is that they use the US dollar as their official currency. These way you can minimize costs with exchange rates in exchange offices and ATMs.

Best Time to Visit Quito

Since the Equator line crosses the country of Ecuador, it results in temperatures being very similar across all monhts in Quito. What you should consider though, is that precipitation changes considerably in the capital of Ecuador, depending on the season you visit it. From June to September are the months with least days of rainfall, and are therefore, the best to visit Quito.

Other Resources to Travel in South America

If you are traveling to Ecuador and other countries in South America, you may want to check some of our other guides to the region. Check our guides on the best places to stay in Bogota, Colombia and where to stay in Lima, Peru. You can also check our post on the average and minimum salary in Quito.

Are you already in Quito or have you visited Ecuador? Leave your thoughts and questions in the comment box below.

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Best Countries to Start an Airbnb Investment https://checkinprice.com/best-countries-to-start-an-airbnb-investment/ Mon, 20 Mar 2023 04:30:15 +0000 https://checkinprice.com/?p=16335 Best countries to start an Airbnb investment: check below the list of the most favorable countries to invest in real estate and turn it into a holiday rental Are you considering starting an Airbnb business? Learn below what are the top countries currently to start your investment and earn the ... Read more

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Best countries to start an Airbnb investment: check below the list of the most favorable countries to invest in real estate and turn it into a holiday rental

Are you considering starting an Airbnb business? Learn below what are the top countries currently to start your investment and earn the most out of it.

Best Countries to Start an Airbnb Investment: Factors

It can be rather subjective what makes a good place to start an Airbnb. Some people prefer warm weather and some prefer the beach. Others may like a cosmopolitan feeling, or the country side.

Regardless of personal preferences, let’s try to address some of the main factors to determine the success of your Airbnb business.

The main factors to determine whether an Airbnb is a good investment are: regulations, infrastructure, seasonality, cost of real estate, taxes and rental yields.

Airbnb Investment: Country and City Regulations

Before considering an Airbnb investment, one should know what regulations may affect the performance or viability of the business venture.

In San Francisco, CA, you can only rent your premises on Airbnb for up to 90 days a year. You must also be a full-time resident of the place you are renting (for example a room in your house). Berlin is another city with restrictions, you can only rent up to 90 days per year if the place is not your primary residence.

Another regulation aspect to be considered is owning real estate. In some countries, you may face restrictions to buy real estate if you are not a citizen of that country. This laws are becoming more flexible, and in many cases incorporating a company in the given country would solve this problem.

Finally, if you want to live in the same country as you are investing on your Airbnb project, you may need a residence permit. This varies greatly and will also depend on your citizenship, but it is good to check it before hand.

Airbnb Investment: Country Infrastructure

Another thing to bear in mind in your project is the country infrastructure. While owning a beach resort in Nicaragua may sound tempting, the infrastructure will certainly impact your quality of life and inflow of tourists.

Make sure you prioritize regions easily accessible by road, railways and airports. Ideally, places with an international airport at a 50 km range should be a good idea.

Airbnb Investment: Seasonality

Seasonality is one of the key aspects of any hospitality related investment. With Airbnb is no different. While some cities like Paris or Rome tend to have an influx of tourists year round, other cities are not that privileged. 

Locations subject to seasonality tend to have a lower, overall earnings. However, it may not be the case, if the season is long or expensive enough to make up for the rest of the year.

A great tool to analyze seasonality is Airdna.co.

Airbnb Investment: Costs of Real Estate, Taxes and Rental Yields

Finally, probably the main part of any real estate investment are costs. Firstly, we should consider the cost of acquiring real estate, and then its operational costs. Then, taxes and rental yields are also very relevant to your investment.

The cost of real estate is especially critical to assess where you can actually acquire units to rent. Some of the most visited cities in the world like London, New York and Tokyo have also some of the most expensive per square feet / meter prices.

Taxes are also a huge detail you should consider before investing. The tax from your Airbnb income varies greatly from country to country, usually ranging from 3% to 25% in most countries.

Finally, there are the rental yields. They will determine how long you will have to rent your Airbnb unit to recover the investment made.

Best Countries to Invest in Airbnb

Now let’s check our list of the best countries to start an Airbnb Investment.

5 – Colombia

Colombia definitely deserves a place in our list and it ranks high in many important aspects for an Airbnb investment.

airbnb investment

Touristy cities like Cartagena and Medellin have low prices per square meter / foot and decent occupancy rates.

Colombia is also one of the safest countries to travel in South America. The country also has great weather year-round, and acquiring a residence permit is also quite easy.

4 – Spain

Spain is one of the tourist hot spots in Europe and it is easy to understand why. Better than that, you can find great opportunities for bargain prices if you look beyond cities like Madrid and Barcelona.

where to stay in seville

The Iberian country also has a relatively affordable cost of living. Cities like Valencia, Malaga and Seville have pretty low cost per square meter for Western European standards.

Regulations and bureaucracy are some of the worst aspects of investing in Spain. Taxes are high and the amount of red tape is very high.

3 – Poland 

Poland might not be the first country which you might consider when traveling in Europe, but it does offer great cities for tourism. In fact, this sector has been steadily growing in the country for the past years.

Cities like Krakow and Wroclaw can still be a good bargain if you are considering buying a rental studio in the old town.

Poland tends to get pretty cold in winter, especially in the months of January and February. This seasonality affects the country’s performance, but it is still an excellent choice for Airbnb rentals.

2 – Montenegro and Albania

Montenegro and Albania are two excellent choices if you want to enjoy the Adriatic sea and earn from your Airbnb investment.

Best Beaches in Montenegro.
Montenegro. Photo by Hotice Hsu.

With pristine beaches and mountainous landscapes, both Montenegro and Albania are highly attractive for tourists. Real estate prices are also inviting, and getting a residence permit in these countries is equally easy.

The major downside of Montenegro and Albania is the seasonality. Most of the bookings happen in the European summer season, from May to September.

1 – Cambodia

If Southeast Asia is your region of choice, Cambodia is a great place to invest in real estate. Cambodia has considerably cheaper prices and much less strict regulations than its immediate and more famous neighbor, Thailand.

Although prices in the capital Phnom Penh are already not very attractive as they went up in the last decade, Cambodia has much more to offer. Cities like Sieam Reap is an excellent choice as has a steady flow of tourists from both Asia and Europe.

Are you looking to buy real estate or open a business abroad and don’t know where to start with? Contact us and let us help you to get things started.

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Cost of Living in Bogotá, Colombia https://checkinprice.com/cost-of-living-in-bogota-colombia/ Sat, 04 Feb 2023 07:32:03 +0000 https://checkinprice.com/?p=9231 Cost of living in Bogotá, Colombia: let’s analyze costs of food, real estate, entertainment, and transport in Bogotá, the capital of Colombia. Are you considering moving to Bogotá for your career or to start a business? Check below the data for the cost of living in Bogotá, Colombia, which is ... Read more

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Cost of living in Bogotá, Colombia: let’s analyze costs of food, real estate, entertainment, and transport in Bogotá, the capital of Colombia.

Are you considering moving to Bogotá for your career or to start a business? Check below the data for the cost of living in Bogotá, Colombia, which is a major South American city hub for commercial, financial, historical, and tourism businesses.

cost of living in bogota colombia

Bogota Overview

Bogotá is the capital of Colombia, and like many capital cities in the world, it is also the most populated city in the country. Originally, Bogotá was founded by Spanish conquistador Gonzalo Jiménez de Quesada as the capital of the New Kingdom of Granada. But since the independence from the Spanish Empire, Bogotá has stayed the capital. For Colombia, Bogotá is central to the political, economic, administrative, and industrial businesses of the country.

Located in the center of Colombia, Bogotá rests on a high plateau called the Bogotá savanna. This unique location also charts Bogotá as the third-highest capital city in South America, where it rests at 8,660 feet above sea level. With this unique title of elevation, Bogotá is beautifully sprawled amongst the hills. With vast greenery and modern high rises, Bogotá has a picture-perfect landscape that harmonizes urban life with nature.

For expats, Bogotá is a popular choice to relocate because it is lively, unique, and stunning in its landscape, culture, and lifestyle. The endless hills of the city offer beautiful homes where there is lucrative work, an exciting social scene, and a fascinating history. Bogotá is a central hub with a thriving urban center that has representation from a variety of countries.

Historically, Bogotá has been ingrained in the arts. With 58 museums and over 70 art galleries, the city offers a gold mine of historical and modern art. The Colombian National Museum is a popular tourist destination with archives of art, history, archeology, and ethnography. But perhaps, Bogotá is most famous for its slogan, “Colombia is magic realism.” With the infamous national writer, Gabriel García Márquez and depictions in both film and television, Bogotá effortlessly draws in the crowds.

Cost of Living in Bogotá, Colombia

Many big businesses, both national and international, are located in Bogotá. The capital is a central hub for business negotiations, both large and small. Spanish is the official language spoken throughout the city. But with its international relations, there are many opportunities for other languages to be spoken as well.

Bogotá is a moderately expensive city to live in, with the average monthly cost for a single person being about $500 USD. When compared to America, Bogotá is very affordable. The most substantial portion of your monthly budget will go towards rent. A one-bedroom apartment in the city center will cost about $375 USD per month with a three-bedroom in the city center reaching about $670 USD per month. Most apartments do not include utilities, so you will have to add basic utilities and internet to your monthly budget. Electricity and water have an average monthly cost of $80 USD, and the internet is about $34 USD per month.

If you are looking to own instead of rent, you’ll have to adjust your budget accordingly. Apartments in Bogotá have an extensive range of prices with the least expensive options resting at about $150,000 USD. However, if you want a well-built luxury apartment, you could spend up to $526,000 USD.

The currency in the Colombia is the Colombian peso. The conversion rate to the COP is 1 dollar to 4,404.06 COP as of November 22, 2024.

If you want to suggest your own values based on your experiences in this city, click on edit and insert the values. Upon moderation they will be calculated to make part of the average prices displayed below.

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Cost of Living for Students in Bogotá, Colombia

For students looking to get a good education, Bogotá is an excellent choice in location. The city has a selection of top rated universities that have high standards of education. With both public and private institutions, students can choose what suits them. Some options for student housing are associated with the university and located on campus. Other housing options would be independent and located off-campus.

The cost of living is moderately expensive, but with the availability of jobs, students can keep the monthly costs manageable. As well, many universities offer scholarship programs to help reduce the cost of tuition. When compared to the United States, tuition in Bogotá is very affordable. The average year can range in price from $6,000-$14,000 USD.

The universities primary language is Spanish, but many programs have courses available in foreign languages. Most of the higher education institutions will ask for proof of your language proficiency and may request that you complete a test.

Here are some main higher education institutions in Bogotá:

National University of Colombia

Universidad de Los Andes Colombia

Universidad Externado de Colombia

Getting a Job in Bogotá

With all of the businesses, large and small, focusing their offices in Bogotá, there are plenty of job opportunities. From big corporations to small businesses, there should be a position suited for everyone. Additionally, the tourism industry is a large part of Bogotá’ and Colombia’s economy, with an average of 2 million visitors per year.

While there are plenty of open positions, you should keep in mind that the competition is intense. For the best positions, you will want to display a complete resume with any relevant experience to make your application stand out. But the average salary is relatively low in relation to the cost of living. Most people earn, on average, $310 USD monthly. To afford your lifestyle, you may have to look at multiple jobs or higher positions.

The primary language spoken in Bogotá is Spanish, which will be essential to living and working in the city. However, with enormous influence from businesses and tourism, there are many opportunities where speaking a foreign language can make your application stand out.

If you are a citizen of Colombia, you can begin applying for jobs in Bogotá immediately. There is no need to wait for paperwork or visas to be pre-approved. If you are moving to Bogotá from a location abroad, you will need to be pre-approved to work. Most people seek a work or residence visa, which is a lengthy process, so you should plan accordingly.

Here are some websites for job hunting in Bogotá:

Glassdoor Bogotá

Career Arc

Jobs in Bogota

Quality of Life in Bogotá

With a good job, it is safe to say that Bogotá has a comfortable quality of life. The city is spread amongst a jungle landscape and features unique buildings for a scattered skyline. There are many different unique neighborhoods to explore, and the influence of Bogotá in art is world-renowned. A bustling nightlife keeps the inhabitants energized and leisurely days help people relax. With endless entertainment, Bogotá is a thrilling destination.

bogota colombia

From a worrying past, Bogotá is now considered to be a safe city. Long gone are the days of conflict, and tourists can comfortably explore the city streets. But petty crime is still prevalent, so you should still be cautious. It is best to keep an eye on your belongings. As well, you should always be aware of your surroundings when you are out and about. Like many cities in the world, some locations are less safe than others. Bogotá’s outskirts are more dangerous, and the neighborhoods Kennedy, Ciudad Bolívar, Usme, San Cristóbal, and Bosa should be avoided.

The climate in Bogotá is quite mild. There are warm summer and mild winters with the average temperature resting at 58 F. May is the warmest month with temperatures reaching into the 70s. Between December and February, temperatures will drop their lowest. While you won’t experience insane amounts of snow, you do still need a full four-season wardrobe ready for this idyllic city.

If you are visiting South America soon you may want to check some of our other regional guides. Check the where to stay in Lima and our article on the where to stay in La Paz.

Other Resources for Expats and Travelers

Salaries Worldwide: check our articles on wages worldwide and understand better the economics of the countries you may be considering to move or invest.

Retire Abroad: check our retirement guides and maximize your retirement income and quality of life.

Jetradar: compare and find the cheapest air fares worldwide.

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Best Places to Stay in Buenos Aires, Argentina https://checkinprice.com/best-places-to-stay-in-buenos-aires/ https://checkinprice.com/best-places-to-stay-in-buenos-aires/#comments Mon, 16 Jan 2023 15:35:15 +0000 http://checkinprice.com/?p=2306 Where to Stay in Buenos Aires? Check the best places to stay in Buenos Aires, including a review of Recoleta, Palermo and Puerto Madero Are you looking for the best areas to stay in Buenos Aires? Learn below where to stay in Buenos Aires, an check our great tips for ... Read more

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Where to Stay in Buenos Aires? Check the best places to stay in Buenos Aires, including a review of Recoleta, Palermo and Puerto Madero

Are you looking for the best areas to stay in Buenos Aires? Learn below where to stay in Buenos Aires, an check our great tips for visiting the Argentinian capital.

Tourism in Buenos Aires: Overview

Buenos Aires is probably the most interesting metropolis in South America, offering great attraction for history lovers, party goers and food enthusiasts.

where to stay in Buenos Aires
Puente de la Mujer. Photo by Patrick Nouhailler

The capital of Argentina is not only among the most interesting ones in South America, but also among the biggest. The city has various districts for all tastes, and you can find the national culture in each of its corners. Buenos Aires reflects th Argentinian culture at its best, including the Tango dancers, the traditional churrasco, the football matches, and a Bohemian atmosphere.

Best Places to Stay in Buenos Aires

The capital of Argentina is not only the largest city in the country, but one of the most populous cities in The Americas. Considering its size and history, the Argentinian capital has multiple districts with distinct profiles.

Considering its size, you will probably ask yourself the question: where to stay in this massive city?

Some of the best areas to stay in Buenos Aires are Puerto Madero, San Telmo, Recoleta, Palermo and Centro. Check below the highlights of each one of these areas.

Puerto Madero and San Telmo

San Telmo and Puerto Madero are great options to stay in the city. They are very close to each other and have a number of interesting attractions, as well as restaurants and bars.

San Telmo is a great place to eat the original Argentinian parrilas, a fantastic delight for meat lovers. The bohemian atmosphere, especially in weekends are a great option if you want to enjoy the Argentinian nightlife. Moreover it is prett close to the Plaza de Mayo and to the Puerto Madero area.

Puerto Madero on the other hand, is the most modern area in the city, with high rise buildings and luxurious hotels. Being the most prominent area of the city, it is also the most expensive, while still pretty close to other key areas and attractions of the Argentinian capital.

Recoleta

Recoleta is one of the best areas to stay in the city, and also one of the best for tourism. It is extremely well known for its cemetery with beautiful tombs, its aristocratic residences and the Fine Arts Museum.

In terms of accommodation, Recoleta offers options for all budgets. Even if this area has different options for all types of tourists, most accommodation are from mid to upper price ranges for local standards.

Palermo

Just like Recoleta, Palermo is one of the favorite areas to stay in the Argentinian capital. It has more affordable options than Recoleta, but it also offers luxury hotels as well.

Palermo is probably the best place in Buenos Aires for those willing to enjoy the nightlife of the city. This area also has great transport connections, and also offers great locations for shopping.

Budget Accommodation in Buenos Aires – €

Benita Hostel – a great budget option to stay in Buenos Aires close to the Plaza de Italia in the Recoleta neighborhood.

Zola Hostel – a nice hostel in the Palermo area, ideal for those willing to enjoy the surrounding nightlife.

Reasonably Priced Accommodation in Buenos Aires – €€

Fierro Hotel Buenos Aires – an excellent located in the Palermo neighborhood, one of the best areas to stay in the city.

Eurobuilding Hotel Boutique Buenos Aires – an affordable hotel with great transport connections and close to the iconic Casa Rosada.

Luxurious Hotels in Buenos Aires – €€€

Alvear Palace Hotel – one of the most luxurious hotels in Argetina, located in the Recoleta neighborhood.

Four Seasons Hotel Buenos Aires – a refined option from a famous luxury hotel chain in a privileged location in the city.

Cost of Travel in Buenos Aires

Argentina is one of the most expensive countries in South America, and it is not a surprise that Buenos Aires is one of the most expensive cities in the continent. The good news is that it is still quite affordable, especially compared to US or Western European prices. For that reason, Argentina is one of the best places to learn Spanish in the world.

The highest cost while traveling to Buenos Aires will be probably traveling to the city (for those who live outside South America).  The transport inside the city is quite reasonable, with a wide metro network, one of the biggest in South America. Taxis are also affordable, however, make sure prices are reasonable, as taxi scams do happen.

best places to stay in Buenos Aires
Obelisco. Photo by Hernán Piñera

Buenos Aires is one of the best cities in the world for eating out, especially if you like meat and wine. The Argentinian churrasco is famous worldwide and the country is one of the world’s top wine producers.

In terms of accommodation, the capital of Argentina has options for all budgets. If you are doing a South American tour, you will probably notice that prices in the city are higher than other capitals in the region, but there are still great budget options.

If you want to understand better the Argentinian economy, check our post on salaries in Buenos Aires.

Best Months to Visit Argentina

The capital ofArgentina has a pretty favorable climate year round. If you are coming from the Northern Hemisphere, be prepared to have opposite seasons in Argentina. When it is winter in the Northern Hemisphere its summer in most of South America.

Considering the overall pleasant climate in the city, there is not much restrictions regarding when to visit the city. The winter months are just slightly cold, and the temperature is usually good for outdoor activities.

Summer in the region can be quite hot, especially in January and February. These months are not the most recommendable to visit the Argentinian capital, as the heat can be unpleasant at times.

Other Resources for Traveling in South America

Are you traveling to South America? You may be interested to check some of our other guides to the region. Check the best places to stay in Lima, Peru and where to stay in Montevideo, Uruguay.

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What are the world largest producers of silver? https://checkinprice.com/what-are-the-world-largest-producers-of-silver/ Wed, 14 Dec 2022 17:45:12 +0000 https://checkinprice.com/?p=20662 Check below the largest countries by silver mining and exporting in the world Mexico, Peru, China, Chile and Australia are currently the world’s top silver producers. Mexico produced 5,600 metric tons of silver overall, which was the highest production rate. With productions of 3,400 and 3,000 metric tons, China and ... Read more

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Check below the largest countries by silver mining and exporting in the world

Mexico, Peru, China, Chile and Australia are currently the world’s top silver producers. Mexico produced 5,600 metric tons of silver overall, which was the highest production rate. With productions of 3,400 and 3,000 metric tons, China and China were the second and third highest producers, respectively.

Mexico

Mexico has a long history of silver mining and is the world’s top producer of the metal. The nation possesses rich silver reserves, and it has been extracting the metal since the 16th century.

The Fresnillo mine, the biggest primary silver mine in the world, is one of numerous sizable silver mines that are now located in Mexico. For many individuals in Mexico, silver mining is a major source of employment and plays a vital role in the nation’s economy.

Peru

One of the world’s major silver producers, Peru has a long history of silver mining. Since the 16th century, when Spanish colonizers first started mining silver in the area, the nation has been a significant producer of the metal.

Peru still has numerous sizable silver mines, and silver mining is a significant industry there today. The Antamina mine, Uchucchacua mine, and Cerro Lindo mine are a few of Peru’s most significant silver mines. The economy of the nation is heavily dependent on the silver mining industry, which also provides a large portion of the government’s revenue.

China

One of the world’s biggest silver producers, China is home to several important silver mines. The Xikuangshan mine, the Shandong Laizhou mine, and the Hecla Haungshan mine are a few of the major silver mines in China.

The biggest silver mine in China, the Xikuangshan mine, is situated in the province of Hunan. The second-largest silver mine in the nation is called the Shandong Laizhou mine, and it is situated in the Shandong region. Anhui province is home to the Hecla Huangshan mine, which is a significant silver producer in China.

Chile

Chile is also one of the top silver producers in the world, and currently the top copper exporter. Among the largest silver mines in the country are the Mantos Blancos Mine and the Chuquicamata Mine.

Australia

Silver is a key component of the nation’s mining industry and is produced in large quantities throughout Australia. There are several silver mines in Australia, the most of which are found in the eastern states of New South Wales, Queensland, and Victoria. These mines are a substantial source of employment and revenue for the nearby villages, and they also generate a significant amount of silver annually.

The Cannington mine in Queensland, one of the biggest silver-lead-zinc mines in the world, and the Broken Hill mine in New South Wales, one of the oldest and most prolific mines in the nation, are two of the most well-known silver mines in Australia.

What are the main silver mining companies in the world?

Around the world, there are numerous businesses engaged in silver mining. Fresnillo, Pan American Silver, and Silver Wheaton are a few of the biggest and most significant silver mining firms.

The world’s largest primary silver mining firm, Fresnillo, is based in Mexico. Another significant silver mining firm with Canadian headquarters is Pan American Silver.

As the industry’s top silver streaming business, Silver Wheaton lends money to mining firms in return for the right to pay less for a share of their silver production. These are just a few of the numerous businesses that operate in the silver mining industry worldwide.

What does Sterling Silver mean?

Sterling silver is a type of silver that is used in the manufacture of jewelry, silverware, and other items. It is a silver alloy of 92.5% silver and 7.5% other metals, for example copper.

When silver is referred to as “sterling,” it means that it must adhere to a certain purity requirement in order to qualify as such. To be branded and sold as sterling silver in the United States, silver must be at least 92.5% pure.

The requirement may fluctuate slightly in various nations, but generally speaking, sterling silver needs to contain at least 92.5% pure silver.

What is silver used for?

Silver has many uses, both industrial and decorative. Some of the main uses of silver include the production of jewelry, silverware, and other decorative items.

Silver is also used in the production of electronic devices, such as computers and mobile phones, as it is a good conductor of electricity. Silver is also used in the medical industry, as it has antimicrobial properties that make it useful for wound dressings and other medical applications. In addition, silver is used in the production of mirrors, as it has the ability to reflect light very effectively.

There are many other uses for silver, including in the production of coins, as a catalyst in chemical reactions, and in the production of solar panels.

How is silver traded in stock markets?

On stock exchanges all throughout the world, silver is traded alongside other commodities.

The London Bullion Market Association (LBMA), a global market for trading precious metals, is the most well-known exchange for trading silver. Silver is traded on the LBMA as futures contracts and other financial instruments, with supply and demand dictating price. The Chicago Mercantile Exchange (CME) and the New York Mercantile Exchange are two more exchanges where silver is traded in addition to the London Bullion Market Association (NYMEX).

Prices for silver are established similarly on these exchanges, which also include futures contracts and other trading options.

The SLV ETF

A well-known exchange-traded fund (ETF) that monitors the price of silver is the SLV ETF. The fund, which is run by iShares Silver Trust, aims to give investors a simple and affordable method to invest in silver.

The SLV ETF’s physical silver backing and substantial silver holdings in storage allow it to closely follow the price of silver. The fund is easily purchased and sold since it is listed on the New York Stock Exchange (NYSE), just like any other stock.

 

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Where to Stay in La Paz, Bolivia? Best Areas https://checkinprice.com/where-to-stay-in-la-paz-bolivia/ https://checkinprice.com/where-to-stay-in-la-paz-bolivia/#comments Fri, 04 Nov 2022 11:53:20 +0000 https://checkinprice.com/?p=8209 Where to Stay in La Paz? Check our guide to the high altitude capital of the Bolivia, one of the most exotic cities in South America Are you traveling around South America? Check our guide on the best places to stay in La Paz, Bolivia, the highest capital city in ... Read more

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Where to Stay in La Paz? Check our guide to the high altitude capital of the Bolivia, one of the most exotic cities in South America

Are you traveling around South America? Check our guide on the best places to stay in La Paz, Bolivia, the highest capital city in the world.

best places to stay in La Paz Bolivia
La Paz, Bolivia. Photo by David Almeida

La Paz is one of Bolivia’s two capitals (the other is Sucre), with over ¾ of a million people living there. It is the highest capital city in the world, sat at a dizzying 3,640 metres above sea level. It’s a good idea to stay here for a few days not only to adjust to the altitude, but to explore the attractions in the city, and a little further afield.

Travel in La Paz: Overview

La Paz is one of the most popular tourist destinations in Bolivia as it’s right on the Gringo Trail. It’s also the first major city that many people stop after crossing the border from Peru and Lake Titicaca.

It’s known for the Spanish quarter in the city centre, and also some more unusual tourist attractions. The weirdest thing you can see in La Paz is cholitas wrestling – featuring women in traditional Bolivian costumes.

If you want to get the adrenaline flowing, try mountain biking on the North Yungas Road. It used to be the most dangerous road in the world, before a new by-pass was constructed in 2006. Now, it’s a great spot to take in some beautiful landscapes and really challenge yourself!

If you’d prefer something more sedate, see the city from above by travelling on mi teleférico, the city’s public transport system – made up of cable cars.

La Paz is a popular spot to book onward tours to the Salar de Uyuni, Bolivia’s most famous tourist attraction.

Best Areas to stay in La Paz.

There are a number of neighbourhoods in La Paz, each offering a different experience of the city. One of the main concerns is safety, although the city centre is not as dangerous as many people would have you believe, especially if you’re careful.

Zona Sur is where most Bolivians live, but few tourists visit. San Pedro is traditional and untouched by tourism, but still has good restaurants and bars. Miraflores is close to the central stadium and a little far from the centre.

If you’re flying to or from La Paz, you may be tempted to stay in El Alto. However, this is not recommended as it’s the most dangerous area in the city.

Check tickets to Bolivia in Jetradar or book activities in the country on GetYourGuide.

In this section, we’ll look at Sopocachi and El Centro (Downtown).

Sopocachi

Sopocachi has a number of hostels and hotels and is considered as the city’s Bohemian Quarter. Most of La Paz’s young, wealthy, and trendy people hang out here meaning there’s a range of cafés, bars, and restaurants to enjoy. As well as wide open plazas, great for sitting and people watching, you’ll find modern apartment blocks and grand, colonial plazas.

Sopocachi is more expensive than the districts that surround it, but at Bolivian prices it’s still noticeably cheaper than European and North American cities, and even many South America capitals too. The pedestrian friendly streets and the abundance of culture here mean you won’t regret spending that extra bit of cash.

El Centro

The majority of tourists base themselves in El Centro as it’s within walking distance of the majority of the city’s main tourist sites. Also, it is relatively safe to walk around at night.

Although the area isn’t great if you’re looking for an authentic experience of Bolivia, there are a number of travel agencies, souvenir shops, and restaurants selling international food. There’s even the curious witch market, where you can buy (or more likely just look at) llama foetuses.

The true city centre is by Plaza San Francisco and the hectic Avenida Perez, where many government buildings are located. Close by, you’ll find Plaza Murilo, home to almost the entire Bolivian pigeon population, and Calle Jaen, a delightful colonial street with lots of little galleries and artisanal shops.

The downside to staying in El Centro is that it’s chaotic with recurrent traffic jams. Pollution is also a considerable problem, especially in the center.

Budget Accommodation in La Paz – $

Cruz de Los Andes – an excellent choice offering affordable accommodation in Downtown La Paz.

Hostal Republica – a great budget option in the center of La Paz.

Reasonably Priced Accommodation in La Paz – $$

Hotel Monte Carlo – a hotel offering a great value for the money in Downtown La Paz.

Alcalá Apart Hotel – an excellent hotel in the Sopocachi district of La Paz.

Luxurious Hotels in La Paz– $$$

Hotel Mitru Sur –  a high quality luxurious hotel in La Paz.

Hotel Europa – a luxurious hotel in the central area of La Paz.



Booking.com

Cost of travelling in La Paz

Although La Paz is the capital city and is more expensive than other parts of the country, it’s super cheap compared to western standards. A bed in a hostel starts at roughly 50 BOB, and you can pick up an almuerzo (lunch) for as little as 10 BOB.

The currency in Bolivia is the Boliviano. The conversion rate to the USD is 1 dollar to 6.91 BOB as of November 22, 2024.

Tours are also extremely cheap, with the majority of day tours costing less than 100 BOB. However, if you can work out how to travel and get tickets yourself, you’ll save even more.

Legitimate taxis are cheap, but do beware that there are a lot of taxi scams. Always take a picture of the registration plate (make sure your driver sees you do it) before getting in.

Best Months to Visit La Paz

Considering its altitude and latitude, the temperatures in La Paz are virtually the same all year round. The winter, especially the months of July and August, are slightly colder. The winter is also the driest season in the Bolivian capital. The daily mean temperature in La Paz ranges from 6 C to 10 C, depending on the month of your visit.

Summer in Bolivia starts in December and ends in March. These months are the wettest in the city, which might be slightly unpleasant for sightseeing.

la paz bolivia
Photo by David Almeida.

The best time to visit the capital of Bolivia is during spring and autumn. These seasons are not as rainy as the summer and the temperature levels are almost the same as the warmest months. The months of October and November are the best ones to visit the city.

Other Resources to Travel in South America

If you are traveling to Bolivia and other countries in South America, you may want to check some of our other guides to the region. Check our guides on the best places to stay in Quito, Ecuador and where to stay in Lima, Peru. You can also check our post on the average and minimum salary in La Paz.

Are you already in La Paz or have you visited Bolivia? Leave your thoughts and questions in the comment box below.

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Average and Minimum Salary in Sao Paulo, Brazil https://checkinprice.com/average-minimum-salary-in-sao-paulo-brazil/ Fri, 04 Nov 2022 11:37:20 +0000 http://checkinprice.com/?p=1711 Average and minimum Salary in Sao Paulo, Brazil: Understand better the economic dynamics of the wealthiest city in Latin America Brazil is the richest and most populous country in South America. This analysis of the average and minimum salary in Sao Paulo is a good thermometer for the current economic ... Read more

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Average and minimum Salary in Sao Paulo, Brazil: Understand better the economic dynamics of the wealthiest city in Latin America

Brazil is the richest and most populous country in South America. This analysis of the average and minimum salary in Sao Paulo is a good thermometer for the current economic reality in the city.

salary in Sao Paulo

Minimum Salary in Sao Paulo

Brazil has had a few troubled years in its recent political and economic history. A corrupt left-wing government damaged the economy heavily with a nation wide corruption scheme. This resulted in a recession that lasted years, but now the Brazilian economy is starting to pick up. This is especially the cases with the new elected government in 2019.

Currently Brazil has a rather complex system of minimum wages, with a national minimum wage, and also in some cases, state minimum salaries. State minimum salaries are usually present in wealthier parts of the country such as the Sao Paulo state.

The current minimum salary in Sao Paulo is of R$ 1.284 which converts to 250 dollars as of January 2023. The minimum salary in the Sao Paulo state is currently one of the highest in Brazil. You can read more about it here (in Portuguese).

Average Salary in Sao Paulo

Despite having one of the highest minimum salaries in Brazil, the figures are not high considering the cost of living. Sao Paulo is one of the most expensive cities in South America, especially when it comes to renting.

The average salary in Sao Paulo is of BRL 2.600 or approximately $ 510 dollars per month. Expats, however, tend to earn much more. Monthly expenses in Sao Paulo to have a comfortable life are around USD 1700 a month, for one person including rent.

Sao Paulo, Brazil Economic Outlook

As mentioned above, Brazil’s economy is slowly recovering from one of the most corrupt populist left-wing governments in the history of the world.

The country is still one of the largest economies in the world, and Sao Paulo is its biggest city. That translates in a wide range of opportunities in all sectors in the city. Sao Paulo has a thriving community of expats, which come to the country for different reasons.

The largest city in the country is also the headquarter for most of Brazilian and Multinational companies. Sao Paulo not only provides higher salaries than the majority of Brazilian cities, but also a wider number of job offers.

Interesting Resources for Working and Living Abroad

Are you really considering to work and live abroad, temporarily or permanently? Below are some resources that might be useful for you around the web:

World Nomads: this company provides travel insurance in most countries around the world, and it might be a good option if you going for a long travel.

Jetradar: search for flights and compare prices with Jetradar.

Booking.com: Booking.com is the best choice for finding accommodation for your next trip, with a wide variety of choices for all types of travelers.

You may also want to check our website guides:

Train Travel Guide: in our railway travel guide, you will learn how to choose and ride the most scenic train routes around the world, always in the most comfortable way with optimal prices to enhance your travel experience.

Dating Guide: our dating guide will help you not only to find love but to understand the social customs of each country. It will also help you to avoid dating scams around the internet and find people really interested in honest relationships.

Work Abroad Guide: Learn how to find a job and employment requirements in different countries. From the initial job search, to bargaining salaries, this guide will help you to find job in most countries around the world.  It also covers about remote work and TEFL jobs.

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