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 …

Buenos Aires Real Estate Sales Fall But High-End Segments Soar

[soliloquy id=”20122″] Buenos Aires real estate sales activity posted another double-digit loss compared to 2013, according to the latest monthly report from the Buenos Aires Notary College. Released today, the new report shows Buenos Aires real estate closings fell 15.4% in May compared to the same month in 2013. ┬áBut dig a little deeper, and it’s a tale of two …

Buenos Aires Residential Rental Rates Jump 25% In One Year

[soliloquy id=”20263″] The average price of residential rental properties in Buenos Aires rose 25% over the past twelve months, as property owners attempt to keep pace with inflation through rent hikes and semi-annual adjustments. The new data from the City’s Statistics Department show the average rental rate for a 50 square meter (538 square foot) condominium in Capital Federal rose …

Tales From The Worst Residential Buildings In Buenos Aires

120 beats per minute shaking you out of bed at 4:00 on a Tuesday morning. Greasy kitchen exhaust and garbled karaoke pummeling your balcony non-stop. A neon Jumbotron lighting up your living room with Quilmes, Pepsi and Samsung commercials 24/7. These are just some of the tales that Buenos Aires condominium dwellers share with La Nacion’s Veronica Dema in a …

Buenos Aires Real Estate Closings Down 45% In June

Real estate closings in the City of Buenos Aires were down 45% in June compared to one year ago, as currency controls and election year uncertainty continue to put a damper on local sales activity. While the total number of residential closings dropped 44.7%, the total peso-denominated value of those deals was down 37.2%, according to the Buenos Aires Notary …