With Dollars Scarce, Real Estate Prices Continue Falling Across Argentina

Patrick Archer average prices, foreign investment, real estate

Four years after the imposition of US dollar currency controls, average real estate prices are still posting double-digit declines across Argentina. Due to the Lack of Dollars, The Price of Apartments Fall In Almost All of Argentina is the headline of today’s analysis in El Cronista showing the average price of existing properties fell in 20 out of 25 real estate markets …

Buenos Aires Real Estate Sales Hit Lowest Level In 30 Years

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

Real estate activity in the City of Buenos Aires fell for the third consecutive year making 2014, a year when over 800 real estate offices closed their doors, one of the slowest years in three decades. According to the Buenos Aires Notary College, the total number or residential real estate closings in the Argentine capital fell to 33,694, a 6.2% …

Montevideo Real Estate Prices Rise After Two Years Of Declines

Patrick Archer average prices, real estate, uruguay

A new survey of average real estate prices in Montevideo reveals prices rose 4.6% in the second half of 2014 marking a much anticipated reversal of two straight years of average price declines. According to the data, compiled by El Observador from a database of 20,000 condominiums throughout the capital city, the average price of a 700 square foot (65 …

Argentine Companies Cost Up To 50% Less Than Comparable Regional Firms

Patrick Archer agribusiness, average prices, competitiveness, foreign investment, franchises, real estate

Companies in Argentina across industries cost up to 50% less than comparable firms in Latin America, according to a new survey of market valuations and M&A activity. A summary of First consulting group’s findings is featured in today’s La Nacion along with graphs showing negative factors like the lack of available bank financing available to private sector companies in Argentina. …

Buenos Aires Residential Rental Rates Climb 30% In One Year

Patrick Archer average prices, foreign investment, real estate

Residential rental rates in the City of Buenos Aires rose 30% on average during the one-year period ending November 2014, according to new data from the city’s Department of Statistics and Census. The report compares average prices for existing 2 and 3-room apartments with approximately 50 square meters (538 square feet) of living space in thirteen Buenos Aires neighborhoods. In …