As Consumer Spending Slows, Buenos Aires Retail Vacancies Rise

Patrick Archer average prices, buenos aires events, real estate

Retail vacancies are rising in downtown Buenos Aires, as consumer spending slows and more small businesses choose not to renew their leases, according to Alfredo Sainz of La Nacion. Sainz says “For Rent” signs are spreading like a virus especially in popular pedestrian corridors like Florida and Lavalle,  and the 30-block area of Recoleta bordered by Alvear, Callao, Cerrito and …

Buenos Aires Developers, Projects Target “Inversumidores”

Patrick Archer buenos aires events, competitiveness, foreign investment, lifestyle, real estate

Two new articles over the weekend emphasize the shifting nature of real estate investment options in and around Buenos Aires. “Creative Products In Times of Crisis” is the title of an interesting market survey in Ambito Financiero’s weekly Real Estate supplement which describes current market offerings as lower priced, “not as popular” (as condominiums), and typically offered with peso-indexed financing. …

How Much Does Real Estate Cost In Buenos Aires?

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

There is an excellent analysis of the Buenos Aires real estate market in today’s iProfesional which takes a deep dive into historical data, barrio trends, exchange rates, interest rates, mortgage penetration and market pesofication. As sweeping as it is granular, it takes a very complex topic and makes it more opaque by offering a laundry list of reasons why average …

VFH To Determine ABL Increases For BA Property Owners

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

It’s almost summertime, and City of Buenos Aires residents are swimming in a sea of alphabet soup trying to decipher their Alumbrado, Barrido y Limpieza or ABL (Street lighting, sweeping and cleaning) expenses, and the rationale for another double-digit increase in 2013. After three years of no ABL hikes, Capital Federal residents paid an average ABL increase this year of 66%. …

A 14 Barrio Breakdown of Buenos Aires Real Estate Prices

Patrick Archer average prices, buenos aires events, real estate

Today we follow-up last week’s post regarding average real estate prices in Buenos Aires with a more detailed breakdown of average prices for new and used residential properties in 14 Buenos Aires neighborhoods. Puerto Madero remains the most expensive neighborhood in Capital Federal for both new and used construction at US$371 and US$345 per square foot, respectively. These averages put …