As Market Pesoficiation Grows, 97% of Sellers Still Want Dollars

Patrick Archer foreign investment, real estate

Two market trends of note in the local press today defining the status quo for sellers in the Argentina real estate market: developers of new residential construction continue to ride the wave of pesofication, while owners of existing units are waiting for buyers with dollars or pulling their properties from the market and opting for the security of rental income. …

A 14 Barrio Breakdown of Buenos Aires Real Estate Prices

Patrick Archer average prices, buenos aires events, real estate

Today we follow-up last week’s post regarding average real estate prices in Buenos Aires with a more detailed breakdown of average prices for new and used residential properties in 14 Buenos Aires neighborhoods. Puerto Madero remains the most expensive neighborhood in Capital Federal for both new and used construction at US$371 and US$345 per square foot, respectively. These averages put …

Free WiFi in Buenos Aires Network Expanding Rapidly

Patrick Archer ba government, buenos aires events, competitiveness, technology

Eighteen months after launching free WiFi service in city parks, subways and public spaces, the City of Buenos Aires will be rolling out the service to all corners of Capital Federal by the end of the year. The first phase of “BA WiFi” is complete with free service in 15 of BA’s largest parks including Sarmiento, Centenario, Chacabuco and Indoamericano. …

For Rent: 3-Story Luxury Penthouse Residence in Puerto Madero

Patrick Archer lifestyle, real estate, tourism

This magnificent 3-story penthouse condominium accommodates 4 people with 2 double bedrooms, a main living area with large balcony, dressing rooms and a 3rd floor roof terrace with a plunge pool, private deck with sun loungers, and table and chairs for dining. The 8th floor residence goes up to the 10th floor with an internal staircase leading to the roof …

New Buenos Aires World Trade Center To Open In Puerto Madero

Patrick Archer aruba, foreign investment, real estate

Manhattan has one. Santiago has one. Montevideo has one. And now Buenos Aires will have its own World Trade Center to be located in Dock One of Puerto Madero. The announcement was made this week between the World Trade Centers Association (WTCA) and the developer of the recently completed Madero Harbour which the WTC Buenos Aires will call home. La …