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Lifestyle House Hunting in Argentina could get you a bargain

The housing market is faltering after a sharp decline in the Argentine peso in many of the prime lifestyle locations in Argentina A good example is what is happening in Mendoza. Luján de Cuyo, is a small town in the western part of the province, a wine-producing region celebrated for its abundant Malbec grapes. It sits at the eastern foot of the Andes Mountains, in the high-altitude vineyards of the upper Mendoza valley. The area is known for its Malbec but produces other high-quality varieties of wine as…

The Impact of Blockchain Technology on the Surveying Industry, Cadastre and Land Registry Systems

THE IMPACT OF BLOCKCHAIN TECHNOLOGY ON THE SURVEYING INDUSTRY, CADASTRE & LAND REGISTRY SYSTEMS … blockchain technology and land surveying – may seem unlikely partners at first. However, this new and exciting technology creates a cooperative and synergistic environment in which all information, data, and images from a surveying project can be gathered in a reliable, confident and immutable way. OUTLINE I. Introduction to Blockchain Technology II. Overview of the Surveying Industry III. Surveying…

GTSA Social Media Real Estate Marketing – How well are we doing ?

Disruption to traditional Real Estate Marketing Over the past five years, the way real estate is presented to clients has changed dramatically right around the world. In the past, you could put an advertisement in the local newspaper and expect the phone to ring. Property sold. Now that we have a global market place and so much immigration and migration between previously unconnected countries and locations, we have a new challenge. How to reach the attention of busy, stressed people, looking for a…

Why is Argentina considered the Polo Capital of the world?

Well, there are over 3,000 registered polo players in Argentina, more than ten times more than US and UK for a start. There are many thousands of grooms who specifically care for horses. Polo, or “The Sport of Kings,” as it is often referred to is frequently thought of as something that extremely wealthy people do for fun. And it is. However, Argentina is more affordable than most countries and there it is played at a higher standard than anywhere else.  Argentina’s has the worlds best polo teams…

San Telmo – The new “It” Barrio?

San Telmo has been long been regarded as the bohemian heart of the city, oozing with character and charm not to mention that the barrio is the home of Tango and the world famous antique market.  However, the area has always been regarded as a little scruffy and undesirable.     Until now. For many years developers and investors alike have been speculating that San Telmo will become the new Soho due to the fact that many of the bohemian pioneers that made Soho what it is today have now been priced…

Why testing the market is a waste of time and money

In soft market conditions, I struggle to understand the motivation of some vendors who list their properties for sale but were unlikely to ever accept the reality of what buyers are prepared to offer.  The thing is I don’t really get why they would bother because it takes a lot of effort and a lot of their money to essentially just test the market. Why would anyone go through a campaign that lasts a number of weeks, costs a few thousand dollars, and requires keeping your property fastidiously clean to then…

High-Value Property Marketing “The case for pre sale offers”

There are many different methods available for the marketing and sale of specialised high-value properties in addition to the traditional real estate listing arrangements of auction and tender type formats. There are of course advantages, disadvantages and tradeoffs associated with every marketing approach; and the best strategy for the marketing and sale of a specific property will vary based upon the ownership objectives and the particular property. One approach, which can be the optimal method in certain…

The new Patagonian train service will go from the Andes to the Atlantic Coast

The new Patagonian train will join from this afternoon the Cordillera de los Andes with the Atlantic Ocean. The new train, which will reinforce the trips of this historic service, has 106 reclining seats, air conditioning and lunch on board. “The service is aimed at people who want to spend a weekend in Las Grutas, with timetables that will allow you to enjoy the beach,” reported the local daily Rio Negro. As indicated by the provincial government, the acquisition was possible by an investment of…

La Candelaria Castle in Lobos, Buenos Aires

In 1840 Don Orestes Piñeiro (pharmacist) had bought his first farms in the area of Lobos, around 100km from Buenos Aires city. The castle itself was designed by the French architect Alberto Favre hired by Manuel Fraga, who was impressed by a similar one he saw in France, on the banks of the Loire river. He hired the best workman available at that time, bringing all the necessary materials from Europe. Construction started in 1894 (it took approximately 5 years) and has a size of 1200 m2.  The family then…

Artificial Intelligence is replacing conventional Real Estate auctions

Artificial Intelligence auctions gain momentum as the first English commercial property is sold by gAbi, the clicktopurchase® AI auctioneer In October, the world of property auctioning witnessed a significant development, with the first property sale being concluded by an Artificial Intelligence auctioneer. The property in question was a house in Sweeney’s Terrace, Dublin, being sold by Allen & Jacobs. Offered at a guide of €250,000 (~£225,537), the property sold by way of a clicktopurchase® auction,…

How to get residency in ARGENTINA

  How to get residency in ARGENTINA It can be difficult for a foreigner to carry out the often complicated procedures of getting either full or temporary residency. This is a simple and easy to follow guide of how to go about it and finally be a resident in Argentina. Firstly there are some requirements to become a PERMANENT resident which you should tick off if thinking of applying for. Where to apply Argentinian immigration is overseen by the National Immigration Directorate, a branch of the Ministry…

GTSA – Activity Update for November 2018

GTSA REGIONAL UPDATE Here is a short update on what’s happening in our region over the past few months. Argentina: Residential – Buenos Aires The Buenos Aires local residential market has slowed due to the Peso devaluation, poor financing options, and very high inflation. However, there has been a very high influx of tourists, some of which are turning into residential buyers due to the low prices. Farm Market: The farm market is still suffering from a lack of profitability in some sectors and as…

10 property tips when buying

My thoughts from 30 yrs in the real estate industry. Tip 1: Contact your broker, don’t wait for them to contact you – Good properties always sell even in a tough market. Your ability to buy the best properties that tick all of your boxes comes down to the relationships you have with the local brokers, so take the lead and make sure they always think of you first when they become aware of that perfect property. Tip 2: Buy when you can afford to buy – You will never get (1) High growth, (2)…

Get South America Real Estate News on your phone with just one click

You can have a one-click connection to GTSA – News by simply downloading our icon on your phone.  We’ve created some simple videos to guide you through the process. Enjoy.  For iPhone users 1. Open Safari 2. Navigate to gtsanews.com 3. Tap the ‘Share’ button 4. Tap the ‘Add to Home Screen’ button 5. Give it a name and tap ‘ADD’ 6. Enjoy your new ‘app’. For Android users 1. Open Chrome 2. Navigate to gtsanews.com 3. Tap the menu with three vertical…

Comparing prices: Argentina was among the lowest cost of living countries in the region in dollars

According to the IERAL, Argentine food prices measured in U.S. currency are well below other Latin American countries Even with a US dollar at $34, a kilo of Argentinian meat would be the cheapest in that currency among 14 Latin American countries, plus Europe and Asia; A kilo of apples would only be cheaper in Chile or Brazil. 1.5 Litres of mineral water is cheaper in seven countries; a litre of milk is more expensive in all but Brazil and Uruguay, where they cost about the same.  A litre of petrol only…