City of Buenos Aires Real Estate Sales Jump 16% To US$217 Million

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

Buenos Aires real estate sales just posted their first double-digit increase in two years signaling the return of local buyers and foreign investors seizing Argentine hard assets that are both undervalued and underinvested. The new numbers from the Buenos Aires Notary College show real estate closings rose 16.1% in February. There were a total of 1,995 closings in Capital Federal compared to 1,717 closings …

Buenos Aires Real Estate Sales Rose 27% In January

Patrick Archer average prices, buenos aires events, real estate

The number of real estate deals in the Province of Buenos Aires rose 27% in January reversing a two-year trend of slumping sales caused by currency controls meant to protect dollar reserves in the Central Bank. The Notary College attributes the turnaround in Buenos Aires real estate sales to the partial loosening of those controls last month, and the fact that bricks …

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 …

City of Buenos Aires Existing Property Values Rise 16%

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

Real estate market activity in Buenos Aires may have slowed given the scarcity of dollars, but average prices of existing condominiums in Buenos Aires posted another double-digit gain in 2012. “The Price of Existing Properties Rises Even Without Sales” is the headline of Gustavo Grimaldi’s analysis of new market data from Reporte Inmobiliario which shows the average price for a …

New Construction In Belgrano Outpaces Condo Price Increases

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

New residential construction activity remains positive in the popular Buenos Aires neighborhoods of Belgrano and Colegiales, according to new annual data from Reporte Inmobilario. Despite the slowdown in market activity caused by currency controls, iProfesional says developers remain optimistic as evident by the number of new buildings planned or currently under construction (46) with close to one million square feet …