Double Digit Fast Lane For Buenos Aires Parking Lot Investors

Patrick Archer buenos aires events, foreign investment, lifestyle, real estate

Buenos Aires parking lot investors who curbed their pesos in Capital Federal garages are enjoying double-digit returns now that parking spaces are an endangered species. Parking Lot Investments Growing In A Sluggish Real Estate Market is the headline of infobae’s analysis which says the average Buenos Aires parking space appreciated 12% last year in dollars while generating a steady stream …

More Buenos Aires Blocks Zoned For Left-Side Street Parking

Patrick Archer ba government, buenos aires events, lifestyle, real estate

Record sales of new cars this year in Argentina means two things in Buenos Aires: more traffic and fewer places to park. In an ongoing effort to free up curbside parking spaces, the City of Buenos Aires will allow parking on the left-hand side of 489 city blocks in Belgrano, Coghlan, Colegiales, Floresta, Palermo, Villa Urquiza and Villa Ortuzar. The …

“Revenge Of The Tow Trucks” Now Playing In Puerto Madero

Patrick Archer ba government, buenos aires events, real estate

Revenge Of The Tow Trucks…It sounds like a summer blockbuster, but it’s actually a winter preview of life when tow trucks and progressive parking meters will blanket 10,000 blocks of Buenos Aires. The sneak preview is playing out on the sterile streets of Puerto Madero where tow trucks are hauling off illegally parked cars left and right. According to La …

In Recoleta, BA Goes Underground to Solve the Parking Shortage

Patrick Archer ba government, buenos aires events, real estate

Parking in Buenos Aires is a problem, especially in areas of Capital Federal like Puerto Madero and Recoleta with high construction density and no Subte stations. With dwindling available lot options for above-ground parking, the City of Buenos Aires decided to go underground with a new parking garage at Pueyrredon and Las Heras. The Estacionamiento Mitre, which opens today, is …