Mendoza, Cordoba Top Real Estate Rental Price Increases

Patrick Archer average prices, real estate

Mendoza and Cordoba are the two cities in Argentina’s interior that posted the largest increases in residential rental rates according to a new report by Reporte Inmobiliario. An analysis of all major Argentine metros focused on the average rent for an existing two-room apartment in January 2009 and January 2011. Mendoza led the ranking with a 55% increase, although the …

Another Record Year of International Arrivals at Argentina Airports

Patrick Archer tourism

Argentina’s soaring popularity as a destination of choice for world travelers is reflected in the 2010 passenger data just released by Aeropuertos Argentina 2000, the consortium that manages the 33 busiest airports in the country. “From January through December of last year, 22.8 million passengers passed through those terminals,” writes Cronista’s Nuria Rebon, “which is a 12.4% increase over 2009 …

Untapped Housing Demand Among Argentina’s Middle Class

Patrick Archer real estate

When we shared the 2011 real estate predictions of the local broker community in the final days of 2010, #2 on the list was that demand would be greatest for units priced below US$200,000. On further reflection, that’s not really a prediction, it’s a given. Middle-class demand for housing in Argentina has reached record levels and remains untapped given the …

Will Bonarda Become Argentina’s Next Signature Grape?

Patrick Archer competitiveness, lifestyle, wine & vineyards

They call it Dolce Nero in Italy, Charbono in California and Corbeau Noir in the Savoy region of France. With so many different names, ongoing debate over its European origins, and a less-than-lujoso introduction in Argentina, sommelier and wine author Rodrigo Griguela attempts to set the record straight on the grape known locally as Bonarda. It’s a much-needed analysis considering …

WSJ: More Americans Discover New Life in Argentina

Patrick Archer creative class, entrepreneurs, foreign investment, lifestyle, real estate, wine & vineyards

The Wall Street Journal’s ongoing series of travel stories from Americans living abroad touches down today in Argentina. Having lived and worked in Arizona, California, Colorado and New York, Yvonne and Tom Phelan were finally ready to settle down in 2007. Unfortunately, their lifelong dream of owning a vineyard in Napa Valley was priced out of reach, so they headed …