1,000,000 acre Argentina Farm offered for sale in San Juan
The largest-ever freehold land block in Argentina, Estancia Punta del Agua, is currently on sale. Situated in the province of San Juan, the estate spans nearly a million acres with extensive agricultural potential. The region contributes significantly to Argentina's GDP, agricultural export, cattle stocks, and agricultural machinery production. Previous barriers to agricultural development might have been resolved due to the infrastructure investment. Listed by the internationally based family that has owned…
BBVA: Argentina Economic Outlook. December 2023
Javier Milei will be Argentina’s new president. He takes office to correct strong imbalances in the fiscal, monetary and exchange rate fronts. Adjusting spending and changes in relative prices will lead to an acceleration of inflation and further contraction of GDP in the short term. Key points Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay,…
The Javier Milei President Effect in Argentina: the reasons why the market expects an increase in property prices
Milei’s victory in the presidential elections excites the real estate market, and an increase in property prices is predicted. The Milei government will begin its administration with a tailwind that will push the real estate market forward. “ We have been sensing a kind of end of the cycle because, since the middle of this year, we have observed many more consultations and the completion of more operations. In both cases, a renewed look at the country’s future and the potential of the so-called…
On Arroyo Street: there is a new luxury hotel in Buenos Aires in a historic building
The Mihanovich Building, where the once elegant Sofitel hotel once operated, will reopen its doors in January as a new luxury hotel: Casa Lucía. For 15 years, the iconic Sofitel hotel stood as a benchmark of elegance and luxury in the Retiro neighbourhood. On the imposing Arroyo Street, full of art galleries, design shops, restaurants, award-winning bars and embassies, this iconic establishment marked its presence in one of the most impressive historical buildings in the city. After the Cabezas family failed…
With the change in political direction, there is a boom in Buenos Aires Residential Sales with a 53% increase
The sales registered in October are positioned as the highest in the last six years. November is expected to be even higher. October was a month full of uncertainty and expectations due to the elections. But far from applying a wait-and-see policy and waiting to define who would be the next president of Argentina to try to predict how the market could evolve, the people kept the real estate market more active than ever. So much so that in October, 4,559 properties were registered, a record that can be read…
Libertarian Javier Milei to become Argentina’s next president
The ruling party’s presidential candidate, Peronist and current Minister of Economy of Argentina, Sergio Massa, acknowledged on Sunday the victory of his libertarian and far-right contender, Javier Milei, in the second round of elections in the country. The candidate of Libertad Avanza surpassed Massa in the ballotage by almost 8 points. The support received in the country’s interior, especially in Córdoba and Mendoza, was decisive, it was reported. Almost 50 minutes before the time announced for…
Five romantic restaurants in Buenos Aires that are perfect for a date night
Buenos Aires should be at the top of your list if you want a romantic getaway. There’s something about this city that just oozes romance. Maybe it’s the tango music that fills the streets, or perhaps it’s the picturesque architecture and charming cobblestone streets. But I think what makes Buenos Aires so romantic is its residents’ passion and energy. From the way they talk with animated gestures to the way they devour their meals, everything about Buenos Aires is done with a passion…
San Telmo in Buenos Aires, a neighbourhood that was among the least profitable for investors, has changed
In a few months, San Telmo went from being an unprofitable option for investors to being one of the neighbourhoods with the highest returns; the reason for this change. In the heart of Buenos Aires, the San Telmo neighbourhood surprised locals and strangers with a notable change in the profitability of its apartments. From going unnoticed as a less profitable option, this historic corner became the new protagonist of the real estate game, offering opportunities that few expected. Until a few months ago,…
Two-thirds of high-net-worth individuals investing in Uruguay are Argentinean: What do they know?
The sector of investment advisors and portfolio managers in Uruguay grew in the number of clients and employees last year. This sector currently manages the money of 36,170 clients, 63% of whom are Argentine, with a total of US$ 28.93 billion invested in different instruments. Data released by the Central Bank of Uruguay (BCU) shows that at the end of 2022, there were 67 portfolio managers and 106 investment advisors in the country. This is an increase of 10 from the previous year. Portfolio managers are legal…
Our View of the Latin American Real Estate Market in 2023/4
An improvement is expected in 2023 in the real estate indicators for the region, mainly the offices. Hybrid and plug and -play will continue to be the trend. There will also be an increase in stability and availability of rental properties, as well as a positive absorption. In the case of industry, there will be a continuation of healthy inertia along with an optimistic projection. According to the 2023 Outlook of the real estate markets, compiled by Newmark Latin America. This analysis highlights that Argentina,…
Ranking: The five cities with the most expensive real estate in Argentina
It is historical, the properties located in the city of Buenos Aires are the most expensive in the country. Without going any further, according to the latest Index from the Zonaprop portal, in November, the average price of an apartment was US$2,562/m². However, the purchase price of real estate in some cities in the interior of the country is not far behind either. Based on a private survey by Zonaprop, which LA NACION was able to access, in which the cities that have -at least- between 400 and 1,300 properties…
This is the most Parisian street in all of Buenos Aires: it has the best cafes, and it is where the most renowned art galleries are located
Buenos Aires is characterised by its neighbourhoods of French architecture. Each one of them is completely different when it comes to going through them. For example, in the Retiro neighbourhood, there is Calle Arroyo, one of the most beautiful streets in the city. Over time, this art centre managed to become one of the places in the city that manages to attract the attention of all tourists who decide to visit Buenos Airesl. WHAT IS ARROYO STREET LIKE? Arroyo Street is one of the most picturesque in Buenos…
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South America's Real Estate Specialists
We offer South American real estate investment opportunities in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay. We know buying South American Real Estate has specific rules for foreign citizens, rules we are familiar with and have worked with extensively. This is why we have created a programme to guide international buyers through purchasing real estate in South America, from finding properties for sale to helping clients comply with the required paperwork and legal procedures. South American News And…
Opportunity: how many fewer US dollars are needed now to build a house in a gated community in Buenos Aires than even last month
In dollars, the square meter is less than US$1,500, but the devaluation is not enough and the costs in pesos skyrocket. The financial instability that has shaken the economy in the last two months opened a new window of opportunity for savers in dollars from a new drop in the cost of construction: in July, building a house in a country house fell to less than USD 1,500/ m². However, despite the continuous devaluations, the strong inflation in pesos in construction means that costs in US currency are maintained…
These residential areas of Buenos Aires are in a boom, and that will precipitate a change in the property cycle of the local real estate market
The return to the office of workers cooled the demand for green, and the southern area of the city of Buenos Aires was the only one that registered record sales. The real estate market was going through one of the worst stages in terms of the low number of operations but, paradoxically, construction is experiencing a construction boom in the City of Buenos Aires and its surroundings. This phenomenon has its explanation: developers want to take advantage of a construction cost, in US dollars, that is at the…
