Predictions for the Real Estate Market in Buenos Aires & Argentina

Patrick Archer average prices, buenos aires events, foreign investment, real estate

With SMI, the country’s most important real estate Expo underway this week at La Rural, developers and investors are trying to make sense of the post-Nestor climate and predict the state of the market in 2011. iProfesional surveyed SMI attendees and discovered a general sense of optimism considering a weakening dollar, rising consumption and high inflation cocktail tilting the scales …

Why Buenos Aires Parking Lots Are Good Investments

Patrick Archer foreign investment, real estate

Neighboring Brazil and Chile may outrank Argentina in several global surveys, but the cost of parking is not one of them. When Colliers released their annual Parking Survey earlier this year, most BA commuters were not surprised to learn we have some of the highest parking rates in Latin America. Average monthly unreserved parking in BA costs US$178/month compared to …

Luxury Buyers Seek Unique Properties in Buenos Aires

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

With looming tax hikes, rising real unemployment and falling property values at home, many foreign buyers continue to look to our corner of the Southern Cone for unique real estate properties ranging from condominiums to single-family homes and vineyards to estancias, writes Annabella Quiroga in today’s iEco. And while there is always an influx of foreign travelers and potential buyers …

Buenos Aires, Brazil Office Space Among World’s Most Expensive

Patrick Archer aruba, buenos aires events, competitiveness, foreign investment, global rankings, real estate

Commercial office space in Buenos Aires now ranks among the world’s Top 20 most expensive markets, according to a new study from Jones Lang LaSalle. The analysis, prepared for Brazilian business publication Valor, compared office rents in 98 of the world’s largest metros in the U.S., Europe, Asia and South America. The #20 ranking places Buenos Aires ahead of cities …

Buenos Aires Real Estate Sales Continue Rising Rhythm

Patrick Archer average prices, foreign investment, real estate

The sale of new and existing properties continues its upward trajectory in the City of Buenos Aires after a lethargic 2009. The market recovery that began last December has gained momentum during the course of 2010 as we reported in May. Now the latest statistics from the BA Notary College show a 31.3% gain in real estate transactions closed in …