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 …

As Buenos Aires Becomes Less Car-Friendly, Parking Lot Values Rise

Patrick Archer real estate

In last year’s Parking Lot Millionaire, we saw how attractive investing in Buenos Aires parking lots could be if you had a million dollars to invest. Now financial planner Mariano Otalora makes the case-for-cocheras for small investors looking for real estate diversification without the requisite US$100,000+ cash outlay for a Buenos Aires condo. Several supply and demand factors are in play …