Sales Fall, Vacancies Rise in Buenos Aires Shopping Centers

Patrick Archer aruba, competitiveness, lifestyle, tourism

“The Brazilians are buying everything in Buenos Aires.”  That was a common retail refrain in the local media two years ago. And to a certain extent, it was true. While many Brazilians are often reluctant to splurge on accommodations, they were spending like crazy in Buenos Aires’ best shops and restaurants. A casual stroll through some of BA’s busiest shopping …

Pagos del Este: Tourists Can Put Uruguay Rentals On Their Visa Cards

Patrick Archer aruba, lifestyle, real estate, tourism, uruguay

Summer vacation in the Southern Cone is still five months away, but it’s never to early to start nailing down a prime rental property on Uruguay’s east coast. From Punta to Piriapolis and La Barra to La Paloma, properties range from modest studio apartments to $50,000 a week 12-bedroom oceanfront homes. Recently, many coastal Uruguay property owners have been concerned …

Barrick Gold Postpones Opening Date of Argentina Megamine

Patrick Archer agribusiness, foreign investment, real estate

A second straight day of cost superlatives for Argentina real estate. First McDonald’s makes front page news in Buenos Aires, and now the world’s largest gold producer hits a San Juan speed bump with its Pascua-Lama megamine. Barrick Gold made the announcement during yesterday’s quarterly earnings call. The mine, originally scheduled to commence production in 2013 will now begin in …

McDonald’s To Open On “The Most Famous Corner” in Argentina

Patrick Archer aruba, foreign investment, franchises, real estate, us companies

It used to be a Cinema, but it wasn’t a cinema. It was just located next to a cinema, but the cinema closed in 2002 and the Cinema closed earlier this year. So the cinemas are long gone, but what remains is one of the most valuable corners of commercial real estate in Buenos Aires: Callao and Santa Fe. Clarin’s …

Golf on the Argentina Wine Trail Becomes Year-Round Attraction

Patrick Archer aruba, hotels & casinos, lifestyle, tourism, wine & vineyards

Great golf courses and beautiful vineyards: Two of Argentina’s most attractive assets for foreign visitors continue to blend seamlessly like an Atamisque Assemblage or a La Linda Chardonnay Viognier. Argentina’s Golf Circuit on the Wine Trails (Circuito de Golf en los Caminos del Vino) launched earlier this year with four golf tournaments held at some of Mendoza’s finest golf courses …