Rosario Approves Construction Of New Indoor Arena

Patrick Archer arts & entertainment, competitiveness, real estate, tourism

The City of Rosario is one step closer to having a state-of-the-art indoor arena to host major concerts, sporting events and the growing number of major conferences and expos that Argentine cities are playing host to annually. Impulso Negocios says the absence of such a facility was long viewed as a competitive disadvantage for Rosario compared to cities like Buenos …

Rosario Real Estate Boom Shows No Signs Of Slowing

Patrick Archer agribusiness, aruba, real estate

Real estate sales activity and new construction may be down this year in Buenos Aires, but that’s not the case in the country’s third largest city, Rosario. Roughly the size of Montevideo, Rosario is home to 1.3 million residents and one of Argentina’s most important agribusiness metros. In recent years, millions in soydollars generated on the Santa Fe farmland surrounding …

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 …

Expo Tourism Surges 600% in Argentina Since 2004

Patrick Archer competitiveness, foreign investment, global rankings, hotels & casinos, tourism

Yesterday we learned about the triple-digit growth of Argentina’s wine tourism industry over the past four years. Earlier this month, we read about record international flight and cruise ship arrivals. Now this weekend in Barcelona, Argentina’s Ministry of Tourism will tout Argentina’s prowess in capturing one of the most important segments in the travel industry: meetings and expos. The Global …

Property Values In Argentina’s Interior Rise 200% Since 2003

Patrick Archer average prices, foreign investment, real estate

The average price per square foot of residential properties in the two largest cities of Argentina’s interior have risen over 200% since 2003, according to a new report compiled by Grupo Edisur. Over the past eight years, the average price/SF has risen 240% and 212% in Rosario and Cordoba, respectively. Similar to March’s Parking Lot Millionaire, the report analyzed a …