Buenos Aires Temporary Rental Prices Down 15% This Year

Patrick Archer average prices, buenos aires events, real estate

A new survey of apartment rental prices in seven Buenos Aires neighborhoods sheds some light on overall supply and demand in the temporary rental market popular with many expats and tourists. The Reporte Inmobiliario analysis of 1,636 temporary apartment rentals in Barrio Norte, Belgrano, Centro, Palermo, Puerto Madero, Recoleta and San Telmo found that the overallaverage price in dollars for …

Buenos Aires Burning: 4-Alarm Fire Engulfs Downtown Park

Patrick Archer buenos aires events, real estate

A massive fire in the City of Buenos Aires lit up the skies over Puerto Madero and Microcentro last night, and six fire station units were needed to get the blaze under control. The fire broke out in the Costanera Sur Ecological Reserve east of Puerto Madero around 8:00 p.m. last night and quickly engulfed an area the size of …

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. …

Buenos Aires New Construction Activity Plummets 85%

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

Eighteen months since the implementation of currency controls intended to protect Argentina’s dollar reserves, new construction activity in the City of Buenos Aires is grinding to a halt. According to new data from the City’s Ministry of Housing, the number of requests for new construction permits fell 84.6% in the first two months of the year compared to the same …