Buenos Aires Average Real Estate Prices Up Slightly In 2015

[soliloquy id=”21152″] Buenos Aires Average Real Estate Prices Up 2% In 2015 City of Buenos Aires average real estate prices rose a modest 2% in the first half of 2015 according to a new report from a local property website. The ZonaProp survey compared the six-month change in the average asking price of thousands of residential listings in Buenos Aires in January and June. Two …

JPMorgan Chase Announces Global Service Center In Buenos Aires

[soliloquy id=”21088″] JPMorgan Chase & Co. (NYSE: JPM) yesterday announced the opening of a new global service center in Buenos Aires pointing to several positive factors like cheap real estate, a convenient time zone and a highly skilled labor force which helped the Argentine megacity trump other South American metros like Bogota, Santiago and São Paulo. JPMorgan Opening A Regional Center With 1,000 Professionals is the headline …

Buenos Aires Residential Rental Rates Climb 30% In One Year

[soliloquy id=”20825″] 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 …

City of Buenos Aires Existing Property Values Rise 16%

Real estate market activity in Buenos Aires may have slowed given the scarcity of dollars, but average prices of existing condominiums in Buenos Aires posted another double-digit gain in 2012. “The Price of Existing Properties Rises Even Without Sales” is the headline of Gustavo Grimaldi’s analysis of new market data from Reporte Inmobiliario which shows the average price for a …

New Construction In Belgrano Outpaces Condo Price Increases

New residential construction activity remains positive in the popular Buenos Aires neighborhoods of Belgrano and Colegiales, according to new annual data from Reporte Inmobilario. Despite the slowdown in market activity caused by currency controls, iProfesional says developers remain optimistic as evident by the number of new buildings planned or currently under construction (46) with close to one million square feet …