More Brazilian Winemakers Opening Vineyards in Mendoza

Patrick Archer aruba, competitiveness, foreign investment, real estate, wine & vineyards

As we learned last month, Brazil’s importance to Argentine wineries is evident in the export numbers and the rising number of Brazilian tourists discovering the wines and natural beauty of Mendoza. Now we find out Mendoza is beginning to lure more Brazilian bodegas to Argentina’s most prolific wine region. Jornal do Comercio’s Danilo Ucha says many of Brazil’s largest winemakers have …

Foreign Investors Account for 60% of Uco Valley Real Estate Investment

Patrick Archer foreign investment, lifestyle, real estate, wine & vineyards

“Another luxury real estate investment in the Uco Valley,” reads the headline in Gabriela Balls article today in Los Andes about Tierra Mansa, a 254-acre project planned for Tunuyan, the same region where Robert DeNiro was looking to buy a 100-acre vineyard. Like other master-planned projects in Mendoza, the developer envisions subdividing their parcel into private vineyard lots, although these …

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 …

From Jobs to Revenue, Tourism Booming In Buenos Aires

Patrick Archer ba government, hotels & casinos, real estate, tourism

The Buenos Aires tourism engine just keeps chugging faster and generating more jobs and revenue in the process, according to a new report from the City of Buenos Aires. The Tourism Board and Ministry of Culture shared the new data at the conclusion of this week’s Expoeventos 2011 at the Centro Costa Salguero. Tourism in Buenos Aires is a multi-billion …

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 …