Uruguay Selling Argentina Embassy Building In Recoleta

Uruguay will continue the policy of auctioning off high-profile, state-owned properties when it auctions off its embassy in Buenos Aires in June. First it was Punta del Este, then it was New York and now Recoleta is on the auction block. The thirteen-story building is located in Recoleta at the corner of Avenida Las Heras and Ayacucho. Selling points include …

What Are Average Real Estate Prices In Buenos Aires?

[soliloquy id=”19568″] After two years of inactivity due to currency controls, real estate sales are finally picking up again in Buenos Aires. So where are average real estate prices in Buenos Aires today in three of the most popular neighborhoods for tourists and foreign investors? Prices Have Fallen Up To 20% & The Real Estate Market Shows Signs Of Life is the …

US$2 Billion Highway Tunnel Below Puerto Madero Could Open In 2016

A proposed highway tunnel below Puerto Madero could bridge northern and southern auto corridors, alleviate downtown Buenos Aires traffic and spark a new wave of downtown real estate development. If approved, boring machines could begin carving the 2.5 kilometer underground tunnel this year which would connect three major downtown highways by mid-2016 if the project receives both municipal and federal …

New Report Reveals The Noisiest Streets In Buenos Aires

Outdoor noise levels in many areas of Buenos Aires are rising and unending from early morning to overnight hours, according to a new analysis of dB measurements by the University of Palermo’s Research Center for Sustainable Engineering (CIIS). “The average noise levels that we put up with day and night exceed the tolerable limits established by international agencies,” writes La Nacion’s …

New Palermo Premium Outlet One Step Closer To Overdue Opening

A high-profile commercial real estate development in Palermo just moved one step closer to clearing an environmental hurdle which has postponed the project’s grand opening since last December. The City of Buenos Aires’ Environmental Protection Agency met yesterday to review the environmental impact study of the new Distrito Arcos, a US$60 million outdoor shopping and dining complex nestled between Palermo …