Buenos Aires Residential Rental Rates Climb 30% In One Year

Patrick Archer average prices, foreign investment, real estate

Residential rental rates in the City of Buenos Aires rose 30% on average during the one-year period ending November 2014, according to new data from the city’s Department of Statistics and Census. The report compares average prices for existing 2 and 3-room apartments with approximately 50 square meters (538 square feet) of living space in thirteen Buenos Aires neighborhoods. In …

Buenos Aires Residential Rental Rates Jump 25% In One Year

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

The average price of residential rental properties in Buenos Aires rose 25% over the past twelve months, as property owners attempt to keep pace with inflation through rent hikes and semi-annual adjustments. The new data from the City’s Statistics Department show the average rental rate for a 50 square meter (538 square foot) condominium in Capital Federal rose 25% from …

15,000 Recycling Bins Coming To Buenos Aires Neighborhoods

Patrick Archer ba government, buenos aires events, lifestyle

After a successful pilot program in Palermo last year, the City of Buenos Aires is expanding its long-awaited recycling program to five additional neighborhoods beginning with Recoleta. Work crews have already begun distributing 400 new campanas verdes (green bells) to designated areas on the streets and corners of Recoleta. Each container is 1.6 meters (5.2 feet) high with wide slots …

Buenos Aires Street Parking Rates Will Rise 300% Next Year

Patrick Archer ba government, buenos aires events, real estate

The cost of  parking on the street in several Capital Federal neighborhoods will surge over 300% next year when proposed legislation from the Government of the City of Buenos Aires wins approval. The new measure, which was debated last week in the legislature’s Transit and Transportation Committee, will extend the new progressive metered street parking system currently in force in Microcentro to …

Housing Study Sheds Light On Buenos Aires Average Rents

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

The City of Buenos Aires’ Ministry of Housing just released a report which sheds some light on average monthly rental rates for larger units throughout Capital Federal. While most market studies focus on one-room apartments or monoambientes, the new GCBA report focuses on supply, demand and average prices for two and three-room apartments in Buenos Aires. According to Minuto Uno, …