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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…

What you need to know when selling your property in Argentina

This will be the first of a series of articles about selling in different South American Countries What does COTI means? The COTI is the ” Real Estate Transfer Code” (“Código de Oferta de Transferencia de Inmuebles”) necessary to sell a property that exceeds $ 300,000 AR in value. Do I have to obtain the COTI to sell my property? Yes, if you are an owner and planning to selling your property that exceeds the value of $300.000, then you will have to obtain the COTI Who must request for the COTI?…

Which are the most expensive and cheapest neighborhoods to rent in Buenos Aires

In the month of January 2019, the average rent in the city of Buenos Aires rose by 1.9%. However, over the past year, the increases were 10 points less than inflation leading to poor returns for landlords. After a year in which they ended with increases below inflation, rents began in 2019 with a rise of 1.9%  according to a survey conducted by the property website ZonaProp. “In 2018, rents closed with a rise of 38%, 10 points less than accumulated inflation, while the UVA loan shares were located closer…

Argentina as an investment destination in 2019

Argentina is an attractive investment destination, assisting investors throughout the investment process: analysis, decision-making, establishment, operation, and reinvestment Why invest in Argentina? It is one of the largest and wealthiest economies in Latin America: 3rd largest economy in the region with a GDP of USD 586 Bn (after Brazil and Mexico) 2nd highest GDP per capita in the region in PPP terms, following Chile (USD 22,600) 4th country in the region in terms of population (43 Mn) To assist potential…

At the Argentine Open Polo, the wealthy rub shoulders with ordinary mortals

“It’s a very aggressive game, isn’t it?” The American tourist sitting in front of me sounds horrified. Hardly surprising, really – we’ve just watched a man tumble to the ground with an almighty thud from a galloping horse. But there’s not a second to spare during the semi-finals of the 125th Argentine Open Polo tournament; play doesn’t halt for a moment. The world’s top players are all here, battling it out on the hallowed turf of the Campo Argentino de Polo…

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…

Doug Casey view of the World – Picks War in Europe and bets on Argentina

by Doug Casey International Man EUROPE From at least the 1600s, Europe could claim to be the center of world civilization on all fronts. The colonies of the Portuguese, Spanish, English, French, and Russian empires (with the Dutch, Germans, Italians, and Americans as bit players) covered almost the entire planet. In its early days, an empire is both fun and profitable. You get to loot and pillage at will, and an empire provides lots of room to relocate the disenchanted, the overly adventurous, and the criminals.…

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…

Buenos Aires Real Estate Bubble deflates: Property prices down 10% in dollars

According to the College of Buenos Aires Notaries, what really shrank was the lower number of the title transfers in the city in past year. What happened had to happen. After a year in which the Argentines faced a devaluation of the peso of 50%, and the doubling of the price of the dollar, a surge of inflation and the virtual disappearance of mortgage credit, the property price bubble began to deflate. In one year, the average real values at which houses and apartments are sold fell 10.2% in dollars. The data…

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…

Argentine Debt: the next government will face the maturity of USD 60 Billion

Whoever wins the elections in October 2019 will need to go to the debt market to refinance current loans that are maturing. Advisors estimate that they will need to renegotiate these maturities with the International Monetary Fund Referred by many to as the lost decade of the Kirchner inheritance, which the current Government of Cambiemos has had to work to disarm the poisoned chalice of a previously controlled exchange rate, widespread subsidies, hyperinflation and various obstacles to normal international…

The Basilica in the Retiro of Buenos Aires and the myths that surrounded it

It was eight years of specialised construction, taking care of every detail to the extreme. Traveling to France to buy the best materials and even buying the largest organ in Argentina. Luxury, good taste and its Gothic-Romanesque construction whose with its exterior had a status of “forbidden love” amongst the Buenos Aires aristocracy. This was the birthplace of the Basilica of the Blessed Sacrament, in the Retiro neighborhood of Buenos Aires. “If I live in a palace, then my God also deserves…