Where Is The Most Affordable Real Estate In Argentina?

Patrick Archer average prices, competitiveness, global rankings, real estate

New data out this week shed light on what are the most affordable real estate markets in Argentina beyond Buenos Aires (BBA). The nationwide survey from Reporte Inmobiliario focuses on the average price per square foot for an existing 2 or 3 room apartment in a dozen cities in the Argentine interior. The three most expensive Argentine real estate markets …

Degree of Argentina Real Estate “Pesofication” Depends On Location

Patrick Archer aruba, foreign investment, real estate

If there’s one real estate adage that has stood the test of time it’s Ubicacion, ubicacion, ubicacion. The importance of location coupled with the fact that all real estate markets are local are always key factors in determining property values. Now it seems location and the dictates of local markets are determining the degree of “pesoficiation” of individual Argentina real …

Expo Tourism Surges 600% in Argentina Since 2004

Patrick Archer competitiveness, foreign investment, global rankings, hotels & casinos, tourism

Yesterday we learned about the triple-digit growth of Argentina’s wine tourism industry over the past four years. Earlier this month, we read about record international flight and cruise ship arrivals. Now this weekend in Barcelona, Argentina’s Ministry of Tourism will tout Argentina’s prowess in capturing one of the most important segments in the travel industry: meetings and expos. The Global …

Cordoba: Argentina’s Second City Often First in Affordability

Patrick Archer average prices, foreign investment, global rankings, real estate

We already know that Buenos Aires is one of the world’s most affordable major metros, but what if you’re looking for an even greater bang for your greenback? Well, look no further than Argentina’s second city, Cordoba, where some neighborhoods are among the most affordable in Argentina. In an article titled “Who has the cheapest square meter?”, PuntoBiz shares a sweeping …

Property Values In Argentina’s Interior Rise 200% Since 2003

Patrick Archer average prices, foreign investment, real estate

The average price per square foot of residential properties in the two largest cities of Argentina’s interior have risen over 200% since 2003, according to a new report compiled by Grupo Edisur. Over the past eight years, the average price/SF has risen 240% and 212% in Rosario and Cordoba, respectively. Similar to March’s Parking Lot Millionaire, the report analyzed a …