How Do Buenos Aires Real Estate Prices Compare to Brazil Metros?

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

A new report out this month from UADE’s Economics Institute gives us a good feel for average real estate prices for the 14 most popular neighborhoods in Buenos Aires. And while local media chose to cherry-pick the highest number published in the report (Recoleta’s US$262 per square foot for 2-room apartments) the reality is that the median price was US$186 …

Average Buenos Aires Salary Would Buy A 5 Square Foot Apartment

Patrick Archer average prices, buenos aires events, lifestyle, real estate

A new report from the Economics Institute at the Universidad Argentina de la Empresa (UADE) suggests the average salary in Buenos Aires is enough to buy five square feet of a new construction apartment in the City of Buenos Aires. In other words, it would take 100 salaries for the average family to be able to buy their own 500-square-foot …

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 …

City of Buenos Aires Construction Activity Rises 10%

Patrick Archer average prices, foreign investment, real estate

Recent headlines regarding Buenos Aires real estate sales activity have been improving steadily this year, and La Nacion says builders are starting to feel equally optimistic. During the first five months of 2010, the construction industry posted a 10% increase in new projects under development, while the sale of condominiums and single-family homes advanced 7.1%, according to the Universidad Argentina …