Buenos Aires Real Estate Sales Fall But High-End Segments Soar

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

Buenos Aires real estate sales activity posted another double-digit loss compared to 2013, according to the latest monthly report from the Buenos Aires Notary College. Released today, the new report shows Buenos Aires real estate closings fell 15.4% in May compared to the same month in 2013.  But dig a little deeper, and it’s a tale of two markets with …

Buenos Aires Retail Real Estate Sector Is Affordable & Stable

Patrick Archer average prices, buenos aires events, franchises, real estate

The Buenos Aires retail real estate sector is showing renewed strength as vacancies fall to the single digits and retailers search from prime space along the city’s most traveled avenues and pedestrian streets. A Stable Climate Along The Main Avenues is how La Nacion describes the retail real estate sector in BA, and the recent wave of new lease agreements …

New Report Reveals The Noisiest Streets In Buenos Aires

Patrick Archer buenos aires events, lifestyle, real estate

Outdoor noise levels in many areas of Buenos Aires are rising and unending from early morning to overnight hours, according to a new analysis of dB measurements by the University of Palermo’s Research Center for Sustainable Engineering (CIIS). “The average noise levels that we put up with day and night exceed the tolerable limits established by international agencies,” writes La Nacion’s …

Buenos Aires Retail Vacancies Rising On Popular Streets

Patrick Archer buenos aires events, real estate

A growing number of retail outlets have closed their doors in the City of Buenos Aires this year due to higher rents and lower margins, according to a new report from the Buenos Aires Federation of Retail and Industry (FECOBA). The majority of the retail leases not being renewed this year were originally signed in 2010 or 2011 according to …

Buenos Aires Real Estate Closings Down 45% In June

Patrick Archer average prices, buenos aires events, real estate

Real estate closings in the City of Buenos Aires were down 45% in June compared to one year ago, as currency controls and election year uncertainty continue to put a damper on local sales activity. While the total number of residential closings dropped 44.7%, the total peso-denominated value of those deals was down 37.2%, according to the Buenos Aires Notary …