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 …

96% Of Buenos Aires Real Estate Deals Use Unofficial Exchange Rate

Patrick Archer real estate

A new survey of Buenos Aires real estate agents, owners and developers reveals the overwhelming majority of deals in pesos are being closed at rates other than the official exchange rate. According to the report from Mercado and Reporte Inmobiliario, for those Buenos Aires real estate transactions where the buyer purchased a property in pesos, 38% closed using the intermediate …