Record Demand for 5-Star Hotels in Buenos Aires

Patrick Archer foreign investment, hotels & casinos, lifestyle, tourism

Argentina welcomed a record number of tourists last year, and a new report from INDEC suggests foreign visitors are increasingly opting for four and five-star accommodations in Buenos Aires. According to Abeceb, 1.3 million tourists checked into Argentine hotels in November, the most recent month for which data is available, and 69% of those guests were Argentines while 31% were …

First Hotel Fasano Opens in Punta del Este

Patrick Archer foreign investment, hotels & casinos, lifestyle, real estate, tourism, uruguay

Among the many new luxury developments unveiled this summer season in Punta del Este, the debut of Brazilian developer JHSF’s first property in Uruguay was one of the most anticipated. The Hotel Fasano Las Piedras officially opened in December and the grand opening buzz carried over into January during the height of the Summer Season. Las Piedras is emblematic of …

Only 28% of Puerto Madero High-Rise Units Are Occupied

Patrick Archer foreign investment, real estate

That statistic according to Clari­n in the latest analysis of the high-profile BA neighborhood. InvestBA reported in December on the recent pullback in closing prices for Puerto Madero units, and now 2010 Census data shed additional light on the high ratio of investor-owned units in some of BA’ s most expensive high-rise condominiums. The numbers, culled from the 2010 Census, …

La Martina: The Fantasy Camp for Polo Lovers in Buenos Aires

Patrick Archer argentina polo, lifestyle, tourism

With last Sunday’s final in Palermo, thecurtain fell on the 2010 Triple Crown, but the polo season lives year-round at one of the oldest and most beautiful estancias in Argentina. La Martina is only 30 miles from downtown Buenos Aires, but once you enter the gates of the sprawling 500-acre estancia, you feel as if you are entering another century. …

Uruguay Luxury Residential Toys Soon to be Unwrapped

Patrick Archer foreign investment, lifestyle, real estate, uruguay

With only nine shopping days until Christmas, many Argentines and other international buyers are preparing for the mass exodus to the beaches of Uruguay. And waiting on the opposite side of the Rio de la Plata are a myriad of million-dollar homes and condominiums purchased and constructed over the past two years. Contexto gives readers a preview of what residential …