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 …

BA Rental Rates Up 22% While Average ROI Drops Below 3%

Patrick Archer aruba, average prices, real estate

The wave of BA rental properties that flooded the market last year injected more options and new construction units into the mix for Cap Fed renters; yet, the increased supply did not trigger a drop in prices thanks to continued currency controls and inflation. This year the average rental rates for apartments in Buenos Aires have risen 22.7% for two-room …

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%. …

Argentina Real Estate Auctions Open Avenue For Peso Buyers

Patrick Archer foreign investment, real estate

While the new construction market in Argentina was the first to adapt to the new reality of peso-denominated transactions, the existing property market has remained firmly rooted in suelo de dolares. The majority of sellers either hold out for buyers with dollars or shelve their listings. While potential buyers with pesos have limited options in today’s existing property market, Argentina …

Model City: Miniature Buenos Aires Is A 3D Masterpiece

Patrick Archer ba government, buenos aires events, creative class, culture

Buenos Aires is a city where real estate developers typically make elaborate models to showcase new buildings, but nothing compares to this. Six architects from the BA Planning Department have created a 1:1,500 scale model of the entire City of Buenos Aires, the largest such model in all of Latin America. Dubbed 48 Barrios, 15 Comunas, the 36 x 36 …