The Argentina Investment Report for April 20, 2016

Patrick Archer agribusiness, ba government, competitiveness, foreign investment, hotels & casinos, lifestyle, real estate, technology, tourism, us companies

The Argentina Investment Report for April 20, 2016 By Patrick Archer BUENOS AIRES – Argentina tested the international debt waters on Monday and received offers over four times greater than the US$15 billion needed to settle with the holdouts. The news is summarized in an excellent analysis in today’s iProfesional by Mariano Jaimovich titled “The Fever for Argentine Bonds Encourages Local Operators.” …

Buenos Aires Average Real Estate Prices Up Slightly In 2015

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

Buenos Aires Average Real Estate Prices Up 2% In 2015 City of Buenos Aires average real estate prices rose a modest 2% in the first half of 2015 according to a new report from a local property website. The ZonaProp survey compared the six-month change in the average asking price of thousands of residential listings in Buenos Aires in January and June. Two percent was …

Over 350 Buenos Aires Restaurants Closed In The Past Year

Patrick Archer buenos aires events, competitiveness, franchises, lifestyle, real estate, tourism

Owning and operating a restaurant in Buenos Aires is no longer an attractive business model for the hundreds of Capital Federal restaurateurs who closed their doors for good in the past twelve months. The Middle Class Slashes Spending and Restaurant Closings Multiply is the headline of Alfredo Sainz’s detailed analysis in La Nacion which paints a culinary cautionary tale for aspiring …

Retailers & Hotel Chains Rushing To “The Saudi Arabia Of Patagonia”

Patrick Archer foreign investment, hotels & casinos, real estate, us companies, visionaries

Carrefour, Coto, Jumbo, La Anonima and Walmart. Only one city in Argentina is home to all five major supermarket chains, and it’s not Buenos Aires, Cordoba or even Rosario. It’s the Patagonia capital city of Neuquen which is ground cero for Argentina’s nascent shale oil boom. “Neuquen Comes To Life At The Hands Of Vaca Muerta” is the headline of …

Argentine Condominium Developers Embrace Long-Term Financing

Patrick Archer buenos aires events, real estate

With real estate sales down, dollars scarce and bank financing non-existent, more Argentina real estate developers are beginning to offer new construction condominiums with payment plans up to ten years or longer. Making small monthly payments is nothing new for locals who pay off everything from groceries to appliances to plane tickets en cuotas; however, this is the first time real …