Pent-up Demand Among Buenos Aires Home Buyers Crashes Website

Patrick Archer ba government, buenos aires events, real estate

The City of Buenos Aires took an innovative step toward making home ownership a reality for thousands of young portenos this week with the launch of Primera Casa BA. The program offers low-interest financing (“low” in Argentina being 7.5 to 14%) to first-time home buyers in the City of Buenos Aires. The program just launched Monday, and the response was …

Palermo Hollywood Real Estate Keeps Rolling Out Red Carpet For Investors

Patrick Archer aruba, average prices, foreign investment, lifestyle, real estate

Palermo Hollywood continues to be one of the most attractive neighborhoods in Buenos Aires both for developers as well as real estate investors. Real estate activity in the 47-block barrio and BA Audiovisual District hub bordered by Santa Fe, Juan B. Justo, Dorrego and El Salvador is booming and average prices continue their steady upward trajectory. There are currently 62 …

New Buenos Aires World Trade Center To Open In Puerto Madero

Patrick Archer aruba, foreign investment, real estate

Manhattan has one. Santiago has one. Montevideo has one. And now Buenos Aires will have its own World Trade Center to be located in Dock One of Puerto Madero. The announcement was made this week between the World Trade Centers Association (WTCA) and the developer of the recently completed Madero Harbour which the WTC Buenos Aires will call home. La …

UADE: Buenos Aires Real Estate Average Price Now US$220 Per SF

Patrick Archer aruba, average prices, real estate

A new report from the Universidad Argentina de la Empresa (UADE) pegs the average price per square foot of new construction condos in Buenos Aries at US$220 ($2,263 per m2) and US$201 ($2,106 per m2) for existing units. The report, which examined new and existing real estate prices for condominiums in 14 Buenos Aires neighborhoods, found the highest prices for …

City of Buenos Aires Real Estate Activity Down 5%; Property Values Up 17%

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

Government-imposed currency controls continued to have their cooling effect on real estate activity in the City of Buenos Aires, as property transactions were down for the fourth consecutive month in Capital Federal. The new data from the BA Notary College shows 4,661 closings in the month of April, a 4.8% decrease compared to April 2011, according to Clarin’s Natalia Muscatelli. …