Argentina Rental Properties May Adopt Lease-Purchase Agreements

Patrick Archer aruba, real estate

Home ownership is out of reach for a large segment of Argentina’s middle class, but an industry organization wants to change that by adding lease-purchase agreements into the local vernacular-de-ventas. ON24 says the Argentina Property Chamber is behind the initiative which could be a giant step forward for more Argentines striving for their vivienda propia. For property owners open to …

Argentines Form Offshore Companies to Buy Uruguay Real Estate Anonymously

Patrick Archer aruba, foreign investment, real estate, uruguay

It’s been another amazing week here in Uruguay. First, the Colonia Golf Expo 2012, then site visits and broker meetings in Montevideo. Now, comfortably back in the friendly confines of Maldonado, it’s incredible to see the progress of so many new luxury developments here in Punta del Este. The pace of construction is so much faster than in Buenos Aires, …

Aerolineas Announces Daily Flights from Buenos Aires to San Rafael

Patrick Archer tourism, wine & vineyards

Great news for one of our favorite destinations in Mendoza: Beginning this Sunday, Aerolineas will begin daily direct service between Buenos Aires and San Rafael. We fell in love with San Rafael (aka Bonarda Country) during last year’s wine harvest, and the only impediment to return visits from BA has been the infrequency of daily flights to San Rafael. Problem …

80% of Buenos Aires New Construction Permits Are For Smaller Units

Patrick Archer aruba, buenos aires events, real estate

Last March, Clarin’s Nora Sanchez wrote an excellent article charting the rapid growth of residential square footage in Buenos Aires and the modest growth in population over the past decade. At the time, the Director of BA’s Center for Statistics and Census said one of the factors explaining the SF growth > population growth equation was the fact that the …

As Buenos Aires Becomes Less Car-Friendly, Parking Lot Values Rise

Patrick Archer real estate

In last year’s Parking Lot Millionaire, we saw how attractive investing in Buenos Aires parking lots could be if you had a million dollars to invest. Now financial planner Mariano Otalora makes the case-for-cocheras for small investors looking for real estate diversification without the requisite US$100,000+ cash outlay for a Buenos Aires condo. Several supply and demand factors are in play …