New Law Gets Tough On Buenos Aires Short-Term Rentals

Patrick Archer ba government, buenos aires events, competitiveness, hotels & casinos, real estate, tourism

Buenos Aires hotels have been losing ground and guests to owners of short-term apartment rentals ever since the 2001 financial crisis, but new legislation approved this week seeks to clamp down on alquileres temporarios and dramatically stem the turista tide. The new law will require those who own and rent four or more Buenos Aires short-term rental properties to, among other things, add …

Belgrano, Colegiales, Nuñez Top BA Barrio Economic Ranking

Patrick Archer buenos aires events, competitiveness, real estate

The Buenos Aires trio of Belgrano, Colegiales and Nunez (BCN) came out on top of a citywide ranking of BA barrios based on a variety of economic and quality of life factors. La Nacion’s annual household survey ranks neighborhoods from 1 to 10 on factors like education, employment, health care coverage and infrastructure. The residents of Comuna 13 which includes Belgrano, …

Where Is The Best Place To Open A Business In Buenos Aires?

Patrick Archer average prices, competitiveness, franchises, real estate

The Mall or Main Street? Santa Fe or Shopping? Callao or Centro Comercial ? These are the questions posed in a detailed analysis of the many options available to investors looking to open a retail business in Buenos Aires. While malls trump Main Street 70/30 in countries like the US, having a storefront on a prominent avenue or pedestrian street is more …

Final Three Stations For Subte’s H Line Win Approval

Patrick Archer ba government, buenos aires events, real estate, tourism

The missing piece of the underground puzzle connecting northern and southern Buenos Aires finally won unanimous approval yesterday, and three new stations will complete the northern loop to Retiro. The H Line of the Subte, which currently stops at Pueyrredon and Corrientes, will now extend north along Avenida Pueyrredon, intersect the D Line’s Pueyrredon station at Avenida Santa Fe, jog …

Downtown Pedestrian Paradise A Growing Nightmare For Business

Patrick Archer ba government, buenos aires events, real estate

Downtown Buenos Aires may be taking giants strides toward becoming a pedestrian’s paradise, but the massive street reconfiguration is becoming a nightmare for many companies with offices in Microcentro. With so many city blocks being converted to pedestrian-only or pedestrian-preferred streets, Ambito’s Belen Fernandez says many companies are moving out of downtown or contemplating a move in the near future. …