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

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

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.  But dig a little deeper, and it’s a tale of two markets with …

Buenos Aires Residential Rental Rates Jump 25% In One Year

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

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 25% from …

New Report Reveals The Noisiest Streets In Buenos Aires

Patrick Archer buenos aires events, lifestyle, real estate

Outdoor noise levels in many areas of Buenos Aires are rising and unending from early morning to overnight hours, according to a new analysis of dB measurements by the University of Palermo’s Research Center for Sustainable Engineering (CIIS). “The average noise levels that we put up with day and night exceed the tolerable limits established by international agencies,” writes La Nacion’s …

Buenos Aires New Construction Requests Down 60%

Patrick Archer buenos aires events, real estate

City of Buenos Aires new construction requests fell 60% last year which means 2014 will be another year of diminished construction and sales activity, according to new data from Reporte Inmobiliario. In 2013, Buenos Aires builders and developers submitted requests for 713,188 square meters of new construction, a 58% decline from the 1.705 million square meters submitted in 2012. The 2012 …

The Best Buenos Aires Neighborhoods For Real Estate Investment

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

A new government-sponsored study of Capital Federal using a wide range of metrics has generated a ranking of the best Buenos Aires neighborhoods for real estate investment. “Urban Development Report: Panorama & Investment Opportunities in Buenos Aires” is the title of the analysis carried out by the City’s Ministry of Urban Development and the Real Estate Research Center of the …