Double Digit Fast Lane For Buenos Aires Parking Lot Investors

Patrick Archer buenos aires events, foreign investment, lifestyle, real estate

Buenos Aires parking lot investors who curbed their pesos in Capital Federal garages are enjoying double-digit returns now that parking spaces are an endangered species. Parking Lot Investments Growing In A Sluggish Real Estate Market is the headline of infobae’s analysis which says the average Buenos Aires parking space appreciated 12% last year in dollars while generating a steady stream …

In Recoleta, BA Goes Underground to Solve the Parking Shortage

Patrick Archer ba government, buenos aires events, real estate

Parking in Buenos Aires is a problem, especially in areas of Capital Federal like Puerto Madero and Recoleta with high construction density and no Subte stations. With dwindling available lot options for above-ground parking, the City of Buenos Aires decided to go underground with a new parking garage at Pueyrredon and Las Heras. The Estacionamiento Mitre, which opens today, is …