Gap Says “Hola” To Uruguay Malls & Duty Free Shops

When winter rolls around, the Gap pullover is one of the most ubiquitous garments of clothing seen on the streets of Buenos Aires. For locals, the three-letter hoodie is somewhat of a fashion statement telling others you’ve been to Bogota, Santiago or Aventura, the closest towns with Gap retail outlets…until now. San Francisco-based Gap Inc. is saying hello to Uruguay …

VFH To Determine ABL Increases For BA Property Owners

It’s almost summertime, and City of Buenos Aires residents are swimming in a sea of alphabet soup trying to decipher their Alumbrado, Barrido y Limpieza orĀ ABL (Street lighting, sweeping and cleaning) expenses, and the rationale for another double-digit increase in 2013. After three years of no ABL hikes, Capital Federal residents paid an average ABL increase this year of 66%. …

Carilo Property Owners Price Themselves Out Of The Market

“Greed, for lack of a better word, is good. Greed is right. Greed works.” And if there’s an Argentine coastal corollary to Gordon Gekko’s touching soliloquy, it would be “Greed will kill your prospects for renting out your beach home this summer and send your fellow Argentines in search of more affordable and more attractive beach destinations abroad.” And that’s …

Rosario Real Estate Market Finding New Life After Dollars

There are signs of life and renewed strength in Rosario, and Argentina’s third-largest city may give brokers, developers and would-be sellers in other metros cause for optimism in 2013. Despite double-digit drops in monthly closings during the first two-thirds of 2012 vs. 2011, Rosario real estate activity is showing new signs of life after dollars. Successful pesofication of the new …

Boca Juniors Fans Destroy Downtown Buenos Aires Properties

When Texas A&M quarterback Johnny Manziel or “Johnny Football” won the prestigious Heisman Trophy last Saturday, the win was undoubtedly a source of pride for fans of the university that has gone as far as to trademark the phrase, “Home of the 12th Man.” Buenos Aires futbol club, Boca Juniors, has a similar folklore and association between their fans being …