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% …

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 …

Las Cañitas Neighborhood Grows Up As The Nightlife Moves Out

Patrick Archer arts & entertainment, buenos aires events, creative class, foreign investment, lifestyle, real estate

The popular Buenos Aires neighborhood of Las Cañitas is taking on more of a family feel as bars, boliches and restaurants leave the barrio once known for its culinary offerings and upscale nightlife. “Las Cañitas in Palermo used to be a required destination when choosing a complete outing including cocktails, dinner and a fashionable nightclub. Everything is so close, often …

Distrito Arcos: BA’s First Outdoor Premium Outlet Opens In Palermo

Patrick Archer arts & entertainment, buenos aires events, foreign investment, franchises, lifestyle, real estate, tourism, vanityba

It was announced three years ago and ready to open with retail stores fully stocked and decorated several months ago, but political opposition and legal obstacles put the grand opening on hold. Now Distrito Arcos, Buenos Aires’ first outdoor premium outlet mall, is finally open to the public following the grand opening ceremony on Thursday. An appeals court ruled in …