Alto Palermo Announces Major Shopping Center Between Soho, Hollywood

Patrick Archer aruba, creative class, lifestyle, real estate, tourism

After decades of dormancy, Avenida Juan B. Justo is rapidly becoming one of the most valuable stretches of real estate in Buenos Aires. The major transportation artery which serves as the auto and rail dividing line between two of BA’s most desirable neighborhoods, Palermo Hollywood and Palermo Soho, will soon be home to a major new shopping center thanks to …

More Brazilian Winemakers Opening Vineyards in Mendoza

Patrick Archer aruba, competitiveness, foreign investment, real estate, wine & vineyards

As we learned last month, Brazil’s importance to Argentine wineries is evident in the export numbers and the rising number of Brazilian tourists discovering the wines and natural beauty of Mendoza. Now we find out Mendoza is beginning to lure more Brazilian bodegas to Argentina’s most prolific wine region. Jornal do Comercio’s Danilo Ucha says many of Brazil’s largest winemakers have …

Foreign Investors Account for 60% of Uco Valley Real Estate Investment

Patrick Archer foreign investment, lifestyle, real estate, wine & vineyards

“Another luxury real estate investment in the Uco Valley,” reads the headline in Gabriela Balls article today in Los Andes about Tierra Mansa, a 254-acre project planned for Tunuyan, the same region where Robert DeNiro was looking to buy a 100-acre vineyard. Like other master-planned projects in Mendoza, the developer envisions subdividing their parcel into private vineyard lots, although these …

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 …

Heat Map Plots New Construction Activity in Buenos Aires

Patrick Archer buenos aires events, real estate

New construction in Buenos Aires rose 37% in the first half of the year according to a new study from Urbeos, a geo-marketing firm that analyzes GIS data for urban investment opportunities. The company’s August report found that on average 73 new residential buildings were under construction each month in Capital Federal compared with 53 buildings in the first six …