Mythbusters: Puerto Madero Edition

Patrick Archer average prices, foreign investment, real estate

PuertoMadero is a favorite real estate topic on InvestBA for a variety of reasons. Superlatives make for interesting reading, and Puerto Madero (PM) has certainly generated its fair share since incorporation and waterfront transformation commenced in November 1989. La Nacion throws a skeptical eye at those superlatives and culls the Top 10 Myths about Puerto Madero. #1.) It’s the youngest …

The Argentine Economy Recovers Strength

Patrick Archer competitiveness, foreign investment

The buzz about Argentina seems to be having an impact on investors of all stripes. After Sunday’s 3-1 defeat of Mexico, global betting sources say the Albiceleste’s odds of winning the World Cup improved to 15/4, third only to Spain and Brazil. Whether sports gambling qualifies as “investing” is certainly open to debate; however, a more sober cadre of long-term …

Argentina Among The Most Affordable Countries For Wine Production

Patrick Archer average prices, competitiveness, foreign investment, global rankings, wine & vineyards

Global investors must weigh a variety of factors like country risk, capital controls and transparency before choosing where in the world to invest. But what about winemakers? The number of wine producing countries (70) is over twice the number of teams that compete in a World Cup (32). Plus global grape production (675 million quintals last year) was widely distributed …

From Megas to Boutiques, Buenos Aires Hotel Sector Is Booming

Patrick Archer foreign investment, franchises, hotels & casinos, tourism

Foreign buyers. Global brands. Mega-deals. Few sectors of the local economy can compete with the luxury hotel business for headlines and superlatives. Coveted parcels are the object of bidding wars, while others are selling for as much as $21 million. Today Cronista gives a sweeping analysis of el sector hotelero in both Argentina and Uruguay while highlighting emerging trends like …

Internet, WiFi Penetration Continues to Rise in Argentina

Patrick Archer lifestyle, technology

Sales of LCD TV’s in Argentina are currently up 150% over last year, but many analysts say those numbers will taper off once the World Cup is over. The growth of new Internet subscribers, however, should continue its upward trajectory as more Argentine residents and businesses seek broadband access to online content. According to infobae.com, over 700,000 new residential users …