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 …

Buenos Aires Construction Permit Requests Post First Gain Of 2012

Patrick Archer real estate

In a year when most local indicators have been moving in the general direction of Ushuaia, finally some signs of life in the Buenos Aires residential real estate market. According to iEco’s Natalia Muscatelli, the number of new construction permit requests in the City of Buenos Aires rose 14.8% in August compared to the same month in 2011, and the …

Double-Digit Discounts For Argentina Buyers With Dollars

Patrick Archer aruba, average prices, foreign investment, real estate

The stagnation of real estate market activity in Argentina brought on by currency controls has been offset in recent months by the “pesofication” of the market for new condo, home and lot sales. Pent-up demand and Argentines’ preference for real estate was evident two weeks ago when one BA developer launched a new phase in Pilar and set a company …

Degree of Argentina Real Estate “Pesofication” Depends On Location

Patrick Archer aruba, foreign investment, real estate

If there’s one real estate adage that has stood the test of time it’s Ubicacion, ubicacion, ubicacion. The importance of location coupled with the fact that all real estate markets are local are always key factors in determining property values. Now it seems location and the dictates of local markets are determining the degree of “pesoficiation” of individual Argentina real …