Buenos Aires Residential Rental Rates Climb 30% In One Year

Patrick Archer average prices, foreign investment, real estate

Residential rental rates in the City of Buenos Aires rose 30% on average during the one-year period ending November 2014, according to new data from the city’s Department of Statistics and Census. The report compares average prices for existing 2 and 3-room apartments with approximately 50 square meters (538 square feet) of living space in thirteen Buenos Aires neighborhoods. In …

City of Buenos Aires Real Estate Sales Jump 16% To US$217 Million

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

Buenos Aires real estate sales just posted their first double-digit increase in two years signaling the return of local buyers and foreign investors seizing Argentine hard assets that are both undervalued and underinvested. The new numbers from the Buenos Aires Notary College show real estate closings rose 16.1% in February. There were a total of 1,995 closings in Capital Federal compared to 1,717 closings …

Condominium Swaps Reignite Land Sales In Buenos Aires

Patrick Archer average prices, buenos aires events, real estate

Currency controls may have forced a slowdown in the sale of existing units in Buenos Aires, but the sale of raw land is on the rise thanks to creative buyers and flexible sellers. Due to dollar restrictions, land is now being swapped for square meters of new construction is the rather lengthy headline in today’s iProfesional showcasing the rising tide …