Buenos Aires Real Estate Sales Fall But High-End Segments Soar

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

Buenos Aires real estate sales activity posted another double-digit loss compared to 2013, according to the latest monthly report from the Buenos Aires Notary College. Released today, the new report shows Buenos Aires real estate closings fell 15.4% in May compared to the same month in 2013.  But dig a little deeper, and it’s a tale of two markets with …

Buenos Aires Residential Rental Rates Jump 25% In One Year

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

The average price of residential rental properties in Buenos Aires rose 25% over the past twelve months, as property owners attempt to keep pace with inflation through rent hikes and semi-annual adjustments. The new data from the City’s Statistics Department show the average rental rate for a 50 square meter (538 square foot) condominium in Capital Federal rose 25% from …

Buenos Aires Retail Real Estate Sector Is Affordable & Stable

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

The Buenos Aires retail real estate sector is showing renewed strength as vacancies fall to the single digits and retailers search from prime space along the city’s most traveled avenues and pedestrian streets. A Stable Climate Along The Main Avenues is how La Nacion describes the retail real estate sector in BA, and the recent wave of new lease agreements …

Buenos Aires Real Estate Sales Activity Hits 35-Year Low

Patrick Archer average prices, foreign investment, real estate

Buenos Aires real estate sales activity reached its lowest level in 35 years thanks in large part to US dollar currency controls and a failed attempt at convincing buyers and sellers to broker deals in pesos. Real Estate Sales: The Worst Index in 35 Years is the headline of iProfesional’s analysis which says the local real estate market has always …

Buenos Aires Average Real Estate Prices Down By Double Digits

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

Buenos Aires average real estate prices have fallen 10% in one year and over 20% since 2012 in some of the city’s most expensive neighborhoods. The situation mirrors average price declines across the river in Montevideo. The new average price data compiled by Reporte Inmobiliario shows the average cost of existing residential real estate in Buenos Aires is now US$1,694 …