La Nacion: Condo-Hotel Sales Are Booming in Buenos Aires, Argentina

Patrick Archer foreign investment, real estate, tourism

Carlos Manzoni of La Nacion says that hotels, and specifically condo-hotels, are “the new boom” property for real estate investors in Argentina. The article cites many of the same motivating factors outlined in our original prospectus: Argentina’s pro-tourism policies, relative affordability, quality of life and Brazilian demand for quality accommodations. The Ministry of Tourism reports that US$1.82 billion was invested in …

Buenos Aires Real Estate Sales Regain Momentum

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

The Notary College just released the May real estate sales data for Buenos Aires, and the numbers are a reversal of the cooling trend witnessed in March and April. While sales in those two months eased 0.7% and 1.3%, respectively, sales rose a respectful 6.8% in May compared to the same month in 2010. La Nacion’s Alfredo Sainz says the …

How Do Buenos Aires Real Estate Prices Compare to Brazil Metros?

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

A new report out this month from UADE’s Economics Institute gives us a good feel for average real estate prices for the 14 most popular neighborhoods in Buenos Aires. And while local media chose to cherry-pick the highest number published in the report (Recoleta’s US$262 per square foot for 2-room apartments) the reality is that the median price was US$186 …

Election Year Uncertainty Curbs Buenos Aires Real Estate Supply

Patrick Archer buenos aires events, real estate

With less than six months remaining until the presidential election in October, hundreds of Argentine real estate brokers and developers debated the status quo during a major expo in Cordoba called “Perspectives on the Real Estate Market in an Election Year.” The major takeaway from the event, According to La Voz del Interior, is that the real estate market will …

15 Months of Rising Demand for Buenos Aires Real Estate

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

Fifteen months ago, the Buenos Aires real estate market moved into positive territory after fourteen straight months of negative prior year comparisons. We characterized the first positive month (December 2009) as Something to Build On, and the prices of new and used properties in the majority of BA barrios have been rising ever since. Looking forward, La Nacion’s Alfredo Sainz …