2013 Brings New Ownership, Trains & WiFi For BA Subte

Patrick Archer ba government, buenos aires events, lifestyle, technology

After a tumultuous 2012 marked by a record number of strikes including the marathon 10-day work stoppage last August, the City of Buenos Aires officially assumed control of the Subte on New Year’s Day 2013, and the City wasted little time in announcing long overdue equipment upgrades. This is good news considering the positive correlation between BA property values and …

Brick Bulls: Despite Slowdown, Half of Argentines Would Invest In Real Estate

Patrick Archer aruba, real estate

The Buenos Aires Notary College is out today with their monthly real estate sales data, and April marked another double-digit drop in closings compared to last year. The number of closings in the City of Buenos Aires was down 25% to 3,554 transactions worth US$342.6 million ($1.532 billion ARS) vs. April 2011. So Argentines must be really be souring on …

Buenos Aires Tech District Welcomes 100th Company, Property Values Rising

Patrick Archer ba government, buenos aires events, creative class, entrepreneurs, foreign investment, technology

The Buenos Aires neighborhood of Parque Patricios is quickly becoming a hip haven for tech companies, young professionals and small service-oriented businesses hoping to cater to the new incoming wave of tech talent. At the core of the barrio, the City of Buenos Aires Technology District is the magnet which is attracting the talent and simultaneously revitalizing the neighborhood. Clarin’s …

Real Estate Appreciation in Buenos Aires Neighborhoods

Patrick Archer average prices, ba government, buenos aires events, real estate

A new analysis of real estate price variations for 2009-2010 shows the greatest year-over-year increases in Palermo and Liniers (20 to 25%) followed by 15 to 20% gains in Belgrano, Nunez, Paternal and four southern Capital Federal neighborhoods benefiting from increased business and infrastructure investment from the City of Buenos Aires: Barracas, Constitucion, Nueva Pompeya and Parque Patricios. Barracas is …