La Nacion: Condo-Hotel Sales Are Booming in Buenos Aires, Argentina

Patrick Archer foreign investment, real estate, tourism

Carlos Manzoni of La Nacion says that hotels, and specifically condo-hotels, are “the new boom” property for real estate investors in Argentina. The article cites many of the same motivating factors outlined in our original prospectus: Argentina’s pro-tourism policies, relative affordability, quality of life and Brazilian demand for quality accommodations. The Ministry of Tourism reports that US$1.82 billion was invested in …

Buenos Aires Real Estate Activity: Global Trumps Local Uncertainty

Patrick Archer foreign investment, real estate

Real estate activity in Buenos Aires is always weak during presidential election years, especially in the months leading up to the elections.Consider 2011 the exception to that historical norm. In fact, the panic brought on by global uncertainty over financial market gyrations is trumping any local uncertainty over election outcomes. As a result, real estate sales activity continues rising in …

From Jobs to Revenue, Tourism Booming In Buenos Aires

Patrick Archer ba government, hotels & casinos, real estate, tourism

The Buenos Aires tourism engine just keeps chugging faster and generating more jobs and revenue in the process, according to a new report from the City of Buenos Aires. The Tourism Board and Ministry of Culture shared the new data at the conclusion of this week’s Expoeventos 2011 at the Centro Costa Salguero. Tourism in Buenos Aires is a multi-billion …