Buenos Aires commercial office space is officially cheap…and not just compared to London, Hong Kong and Moscow. That’s a given. Now Class A office space in Buenos Aires is cheap compared to most major metros in Latin America. Buenos Aires, With Very Cheap Offices is the headline of Alfredo Sainz’ analysis in La Nacion which pegs the average price per …
How Do Buenos Aires Real Estate Prices Compare To London?
An interesting headline this week from England where home prices are going through the roof. The average home price in England and Wales rose ￡10,000 (US$17,000) over the past five weeks alone reaching a new average price of ￡272,000 (US$458,000). A closer examination of real estate prices in London’s most desirable neighborhoods reveals ￡272,000 won’t go very far. London property website, …
Where Is The Most Affordable Real Estate In Argentina?
New data out this week shed light on what are the most affordable real estate markets in Argentina beyond Buenos Aires (BBA). The nationwide survey from Reporte Inmobiliario focuses on the average price per square foot for an existing 2 or 3 room apartment in a dozen cities in the Argentine interior. The three most expensive Argentine real estate markets …
80% of Buenos Aires New Construction Permits Are For Smaller Units
Last March, Clarin’s Nora Sanchez wrote an excellent article charting the rapid growth of residential square footage in Buenos Aires and the modest growth in population over the past decade. At the time, the Director of BA’s Center for Statistics and Census said one of the factors explaining the SF growth > population growth equation was the fact that the …
Buenos Aires Construction Permits Double As Capital Federal Goes Vertical
Buenos Aires is growing up…literally. We saw hints of it last year with the new construction activity heat maps and the 70% bump in new buildings in Palermo Soho. But now we have full-year 2011 proof thanks to Reporte Inmobiliario (RI). According to RI, the number of new construction permits in the City of Buenos Aires jumped 50% in 2011 …
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