Puerto Madero Class A Vacancy Varies By Building & Docks

Patrick Archer aruba, average prices, buenos aires events, foreign investment, real estate

Puerto Madero is the Buenos Aires barrio which has seen the most new office construction in recent years, and now the port area’s office vacancy rate is higher than the city average, according to a new report from Colliers International. “More Supply Than Demand” is the headline of Patricia Gutierrez’ article in La Nacion which summarizes the Colliers data. In …

City of Buenos Aires Existing Property Values Rise 16%

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

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 …

Parking Meters & Tow Trucks Will Soon Blanket BA Barrios

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

Parquimetro Para Todos. That’s how some are describing the City of Buenos Aires’ plan to add thousands of new parking meters to 44 of the 48 neighborhoods in Capital Federal. If approved, new parking meters would be installed in over 10,000 blocks of Buenos Aires and meter rates would increase anywhere from 114 to 293% depending on the barrio. While …

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 …

Where Is The Most Affordable Real Estate In Argentina?

Patrick Archer average prices, competitiveness, global rankings, real estate

New data out this week shed light on what are the most affordable real estate markets in Argentina beyond Buenos Aires (BBA). The nationwide survey from Reporte Inmobiliario focuses on the average price per square foot for an existing 2 or 3 room apartment in a dozen cities in the Argentine interior. The three most expensive Argentine real estate markets …