Buenos Aires Parking Rates Approaching US$300 Monthly

Patrick Archer average prices, buenos aires events, real estate

Two years ago we posed the question, Who Wants To Be A Buenos Aires Parking Lot Millionaire?  Turns out it was no joke.   Buenos Aires parking rates are soaring as private lot owners raise rates only six months after another double-digit increase earlier this year. Garages Are Charging Up To $1,700 Pesos For A Monthly Parking Space is the …

Buenos Aires Real Estate Closings Down 45% In June

Patrick Archer average prices, buenos aires events, real estate

Real estate closings in the City of Buenos Aires were down 45% in June compared to one year ago, as currency controls and election year uncertainty continue to put a damper on local sales activity. While the total number of residential closings dropped 44.7%, the total peso-denominated value of those deals was down 37.2%, according to the Buenos Aires Notary …

Argentine Condo Developers Embrace Long-Term Financing

Patrick Archer buenos aires events, real estate

With real estate sales down, dollars scarce and bank financing non-existent, more Argentina real estate developers are beginning to offer new construction condominiums with payment plans up to ten years or longer. Making small monthly payments is nothing new for locals who pay off everything from groceries to appliances to plane tickets en cuotas; however, this is the first time real …

The 10 Most Expensive & Most Affordable Barrios In Buenos Aires

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

InvestBA presents the Top 10 most expensive and most affordable neighborhoods in Buenos Aires based on data collected by Reporte Inmobiliario and published this week by Clarin. The numbers in the bar graphs above represent the average price per square foot for residential real estate in each Buenos Aires barrio during the first quarter of 2013. (Full Story in Spanish) For …

Airbnb Already Has 4,000 Short-Term Listings in Argentina

Patrick Archer aruba, buenos aires events, creative class, foreign investment, real estate, technology, tourism, us companies

Online rental platform Airbnb is quickly emerging as a preferred dotcom destination for short-term rental owners and seekers amassing over 4,000 properties throughout Argentina. Infotechnology’s Felix Ramallo says the San Francisco-based company officially announced its online presence in Argentina this week; however, there are no plans for a physical presence on suelo argentino…the strategy of choice for another SF stalwart. …