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 …

Buenos Aires Street Parking Rates Will Rise 300% Next Year

Patrick Archer ba government, buenos aires events, real estate

The cost of  parking on the street in several Capital Federal neighborhoods will surge over 300% next year when proposed legislation from the Government of the City of Buenos Aires wins approval. The new measure, which was debated last week in the legislature’s Transit and Transportation Committee, will extend the new progressive metered street parking system currently in force in Microcentro to …

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 …

Who Wants To Be A Buenos Aires Parking Lot Millionaire?

Patrick Archer buenos aires events, foreign investment, real estate

You just won the lottery in Argentina. Congratulations! Now what? Well, assuming you don’t have a blowout asado in Jose Ignacio with 1,000 of your closest friends, a fountain of Atamisque Assemblage 2007 and Armin Van Buuren guest DJ’ing, you’re going to have some coins to invest. That was the scenario posed in an interesting segment this morning on C5N’s Mananas …