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 …

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 …

Rosario Real Estate Market Finding New Life After Dollars

Patrick Archer aruba, real estate, tourism

There are signs of life and renewed strength in Rosario, and Argentina’s third-largest city may give brokers, developers and would-be sellers in other metros cause for optimism in 2013. Despite double-digit drops in monthly closings during the first two-thirds of 2012 vs. 2011, Rosario real estate activity is showing new signs of life after dollars. Successful pesofication of the new …