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 …

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 …

Buenos Aires Real Estate Sales Regain Momentum

Patrick Archer aruba, average prices, buenos aires events, foreign investment, real estate

The Notary College just released the May real estate sales data for Buenos Aires, and the numbers are a reversal of the cooling trend witnessed in March and April. While sales in those two months eased 0.7% and 1.3%, respectively, sales rose a respectful 6.8% in May compared to the same month in 2010. La Nacion’s Alfredo Sainz says the …

How Do Buenos Aires Real Estate Prices Compare to Brazil Metros?

Patrick Archer average prices, buenos aires events, foreign investment, global rankings, real estate

A new report out this month from UADE’s Economics Institute gives us a good feel for average real estate prices for the 14 most popular neighborhoods in Buenos Aires. And while local media chose to cherry-pick the highest number published in the report (Recoleta’s US$262 per square foot for 2-room apartments) the reality is that the median price was US$186 …

For Argentina Real Estate, The Smart Money Looks To The Interior

Patrick Archer foreign investment, hotels & casinos, real estate, tourism, us companies, wine & vineyards

Buenos Aires has been the belle of Argentina’s real estate ball for the past few years, but more foreign investors are beginning to discover the charms of the country’s interior provinces. In a sweeping north-to-south survey of markets with US$800 million in new projects under development, Cronista’s Lorena Obiol says Rosario, Cordoba, Mendoza, Bariloche and San Martii­n de los Andes …