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 …

Madero Harbour Development Coming Soon to Puerto Madero

Patrick Archer arts & entertainment, buenos aires events, lifestyle, real estate, vanityba

In March 2011, the doors of Puerto Madero’s first shopping center, aptly named Madero Harbour, will open to the public. In addition to 120 luxury retailers and service providers, the $75 million center being developed by GNV Group will include a supermarket (Puerto Madero’s first), a gym, several restaurants and movie theaters, satisfying a huge demand that exists in the …

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 …

Flight to Quality Boosting Buenos Aires Real Estate Values

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

The famous “refugio de valor” or flight to value had a positive impact on Buenos Aires real estate values in July, according to a new study from the Universiad Argentina de la Empresa (UADE). The study examined real estate classified ads published both online and in broker publications during the month of July and found price increases between 1 to …

Subte Expansion Drives Buenos Aires Real Estate Development

Patrick Archer ba government, foreign investment, real estate

Of all the amenities Buenos Aires property buyers look for, one of the most valuable is actually state-owned and underground. The Buenos Aires Subte transports well over 1.5 million passengers a day along six lines, and Micaela Vacca of La Razon says future underground stations are shaping the residential and commercial landscape of the barrios above. “The opening of new …