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 …
Buenos Aires New Construction Permit Requests Stabilize
Buenos Aires real estate market activity showed signs of stabilizing in July, as new construction permit requests moderated following five straight months of double-digit declines. While the total number of permits submitted to the City of Buenos Aires fell 9% compared to July 2011, the total number of square meters contained in those requests actually rose 4%. iEco’s Natalia Muscatelli …
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 …
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