How Much Does Real Estate Cost In Buenos Aires?

Patrick Archer aruba, average prices, buenos aires events, global rankings, real estate

There is an excellent analysis of the Buenos Aires real estate market in today’s iProfesional which takes a deep dive into historical data, barrio trends, exchange rates, interest rates, mortgage penetration and market pesofication. As sweeping as it is granular, it takes a very complex topic and makes it more opaque by offering a laundry list of reasons why average …

Where Is The Most Affordable Real Estate In Argentina?

Patrick Archer average prices, competitiveness, global rankings, real estate

New data out this week shed light on what are the most affordable real estate markets in Argentina beyond Buenos Aires (BBA). The nationwide survey from Reporte Inmobiliario focuses on the average price per square foot for an existing 2 or 3 room apartment in a dozen cities in the Argentine interior. The three most expensive Argentine real estate markets …

130,000 New Cars Send Buenos Aires Parking Lot Values Soaring

Patrick Archer average prices, buenos aires events, foreign investment, lifestyle, real estate

With over a half million new cars registered in Buenos Aires since 2009, the value of parking spaces and parking lots continues to soar, according to a new report from Reporte Inmobiliario. The survey finds 130,076 new cars were registered in Buenos Aires just last year fresh off the bumper of 133,132 coches registrados en 2011. While the news is …

With La Imprenta Closing, The Belgrano Rumor Mill Churns

Patrick Archer average prices, buenos aires events, lifestyle, real estate

A popular Belgrano restaurant and cafe has closed triggering speculation that a residential megaproject is in the works. iProfesional’s Patricio Eleisegui says La Imprenta Café & Bistro lowered the persianas permanently yesterday after twenty years of service in the barrio. The closing is the latest in a string of high-profile restaurant and store closures on the Belgrano block with a …

BA Rental Rates Up 22% While Average ROI Drops Below 3%

Patrick Archer aruba, average prices, real estate

The wave of BA rental properties that flooded the market last year injected more options and new construction units into the mix for Cap Fed renters; yet, the increased supply did not trigger a drop in prices thanks to continued currency controls and inflation. This year the average rental rates for apartments in Buenos Aires have risen 22.7% for two-room …