Buenos Aires New Construction Requests Down 60%

Patrick Archer buenos aires events, real estate

City of Buenos Aires new construction requests fell 60% last year which means 2014 will be another year of diminished construction and sales activity, according to new data from Reporte Inmobiliario. In 2013, Buenos Aires builders and developers submitted requests for 713,188 square meters of new construction, a 58% decline from the 1.705 million square meters submitted in 2012. The 2012 …

Buenos Aires Short-term Rental Rates Rise 5-20% Depending On Size & Barrio

Patrick Archer aruba, foreign investment, real estate

An avalanche of new rental rate data came out this week which will interest foreign investors looking to buy and rent apartments in Buenos Aires. How much profit can you make today by renting an apartment to tourists in different Buenos Aires neighborhoods? is the headline of iProfesional’s summary of Reporte Inmobilario’s new study of average rent increases over the past twelve …

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 …

Real Estate Sales Rise 20% in Buenos Aires, Rosario

Patrick Archer buenos aires events, real estate

New data from the BA Notary College confirm real estate transactions rose 20.5% in Capital Federal last year. In 2010, a grand total of 62,278 real estate deals took place in Buenos Aires, according to La Nacion. The total value of all real estate deals was 23.11 billion pesos or US$5.75 billion, a 47% increase over 2009. The same report …