Buenos Aires Real Estate Sales Post First Gain In 19 Months

Patrick Archer buenos aires events, real estate

Exactly four years ago, NuWire Investor published an article touting the reasons for investing in Argentina real estate. Today, after 19 consecutive months of declines, it seems real estate sales are beginning to pick up again in Buenos Aires. The latest monthly report from the Notary College shows that Buenos Aires real estate sales actually rose 6.3% in September, the first …

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 …

VFH To Determine ABL Increases For BA Property Owners

Patrick Archer aruba, ba government, buenos aires events, real estate

It’s almost summertime, and City of Buenos Aires residents are swimming in a sea of alphabet soup trying to decipher their Alumbrado, Barrido y Limpieza or ABL (Street lighting, sweeping and cleaning) expenses, and the rationale for another double-digit increase in 2013. After three years of no ABL hikes, Capital Federal residents paid an average ABL increase this year of 66%. …

City of Buenos Aires Real Estate Activity Down 5%; Property Values Up 17%

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

Government-imposed currency controls continued to have their cooling effect on real estate activity in the City of Buenos Aires, as property transactions were down for the fourth consecutive month in Capital Federal. The new data from the BA Notary College shows 4,661 closings in the month of April, a 4.8% decrease compared to April 2011, according to Clarin’s Natalia Muscatelli. …

Buenos Aires Real Estate Sales Up 13% In March

Patrick Archer real estate

The number of real estate transactions closed in the Buenos Aires Province rose 13% in March, a positive indicator that could boost confidence and serve as a harbinger of a turnaround for the City of Buenos Aires in March as well. The number of real estate sales in Buenos Aires Province was 10,558, a 13% increase over the 9,306 closings …