“Contado Con Liqui” An Argentina Investor’s New Best Friend

Patrick Archer aruba, competitiveness, foreign investment, real estate

Over the past eleven months, we’ve chronicled Argentina’s currency restrictions and the crippling spillover effect on real estate activity, primarily in the existing property market. Just as Uruguay hotels and tour operators are being equal parts creative and proactive in crafting programs to circumvent the cepo cambiario, so too are Argentina money managers, multinationals and currency exchanges. “Contado con Liquidacion Inverso,” …

New Construction Condos in Buenos Aires Appreciate 15%; Existing Units Rise 11%

Patrick Archer aruba, average prices, foreign investment, real estate

The average annual appreciation of new construction condominiums in the City of Buenos Aires was 15% last year compared to a 9% average gain in 2010, according to a new study from Reporte Inmobiliario. Five of the Buenos Aires barrios with the highest average increases were Palermo Nuevo (+29%), Palermo Sur (+20%), Villa Urquiza and Flores (both 19%) and Palermo …