Q: Who Wants To Sell A Buenos Aires Property For Pesos? A: Nadie.

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

The two-year plus attempt to convince Buenos Aires real estate buyers and sellers to broker deals in pesos was an epic fail judging by the number of Capital Federal properties listed today in pesos versus dollars. The Pesofication Of the Real Estate Market Failed is the headline of Alfredo Sainz’ analysis in La Nacion which traces the origin of the 100% …

Buenos Aires Real Estate Sales Activity Hits 35-Year Low

Patrick Archer average prices, foreign investment, real estate

Buenos Aires real estate sales activity reached its lowest level in 35 years thanks in large part to US dollar currency controls and a failed attempt at convincing buyers and sellers to broker deals in pesos. Real Estate Sales: The Worst Index in 35 Years is the headline of iProfesional’s analysis which says the local real estate market has always …

CEDIN Watch: Many Inquiries But No Deals Upon Debut

Patrick Archer real estate

It’s officially Day Three of the real estate market in Argentina A.C. (After CEDIN), and there are more inquiries than actual deals, according to several media sources. iProfesional says expectations have been extremely high building up to the certificate’s Monday debut, and “the halo of uncertainty will be remain intact for a little while” as buyers, sellers and bankers adapt …

Argentine Sellers Shift Expectations As CEDIN Debut Approaches

Patrick Archer real estate

The CEDIN’s arrival is still six days away in Argentina, but you wouldn’t know it by scanning the real estate classified ads in Buenos Aires, Cordoba, Mendoza and other cities in the interior. In fact, it’s already entrenched in the vernaculo inmobiliario. According to iProfesional, more owners of existing units have been listing their properties in dollars this month, a …

Will The CEDIN Dollar Reignite Argentina’s Real Estate Market?

Patrick Archer aruba, real estate

That’s the billion dollar question Argentina real estate market participants are asking on the eve of the CEDIN dollar’s arrival next month. The CEDIN (Certificado de Deposito Para Inversion) is a Certificate of Deposit for (Real Estate) Investment which begins circulating July 1 as part of a government-sponsored initiative to boost Central Bank reserves by issuing Cedines to those who choose to …