South American Real Estate News
/ Category / Argentina Lifestyle

Who is to blame for the high inflation in Argentina

Most of the opinion polls tell us that after government corruption high inflation is the public’s Number One worry shortly followed by insecurity. We shouldn’t need the pollsters to tell us that. We can listen to the complaints in the lines at the supermarkets, read the headlines in newspapers, or hear the pronouncements of business leaders and political candidates. Inflation is terrible cancer that must be brought under control, we are constantly warned, or we face a bleak future and perhaps an economic…

Buenos Aires City Neighborhoods Explained

Buenos Aires is divided into a number of “barrios”, which means neighbourhoods or suburbs. Each one of them has something special to offer and has an important story that identifies the spirit and characteristics of its citizens. To find your way around the city, you can quickly navigate the cities Map of Buenos Aires neighbourhoods. Where to Stay in Buenos Aires? Insider information of the most popular Buenos Aires neighbourhoods: Recoleta: firmly established as the most cultured neighbourhood…

Argentine Real Estate Crisis: Profitability has slumped to an all-time low

The average return reached 2.8% this year meaning it takes 36 years to recoup the investment. Selling prices dropped in 87% of the city neighbourhoods The profitability of the properties continues its downward path and, with an average of 2.8% a year, reaching a new all-time low, according to a report prepared by ZonaProp. The survey highlights that the devaluation of the peso in August caused the price of rents measured in dollars to fall sharply. Although the sale value of the properties declined, this was…

Flight of the Phoenix – Christina Kirchner returns to power

It is often said that politics is theatre. This has been especially true during the past four years in Argentina, which has been a high-stakes melodrama along Kafkaesquelines, redolent with existential anxiety, alienation, and absurdity. The convoluted plot sees the ruling President Mauricio Macri and his coterie of media magnates and partisan judges trying to bury the immediate past president, Cristina Kirchner, in vexatious criminal prosecutions and relentless calumny. But when their neoliberal economic policies…

Political Risk Analysis: What’s Next For Argentina?

On October 28, 2019 voters in Argentina elected Alberto Fernandez, a political ally of controversial former President Cristina Fernandez de Kirchner, to replace Mauricio Macri, a business-friendly centrist, in the country’s executive office. The election marks a return to power for Argentina’s left and an uncertain path forward as the country still faces a number of long-term challenges. On December 10 Fernandez will take over as Argentina’s president. Foreign investors are still waiting to see the…

A continuing crisis, the real estate sector in Buenos Aires had its 17th month of consecutive falls

Average transaction values fell 18.8% in US dollars, which could be an indication of the lower prices The real estate sector continued its 17th year-on-year fall in October after it was obvious the market-friendly government of Mauricio Marci was going to be replaced by the earlier corruption-ridden one of Christine Kirchner. According to the Colegio de Escribanos porteño, last month 3,152 settlements. This represents a drop of 14.1% from October 2018. However, against September purchases were up 9.8% from…

Why did GTSA develop the vendeRAPIDO® selling process for selling real estate in South America?

There are two reasons. To speed up the selling time and maximise the properties value  Current Market Realities South American real estate markets are in the main lightly regulated and highly informal. What this means for vendors is they are at a strong disadvantage when they come to selling a property within a reasonable time frame.  Traditional times of sale are measured in months and years.   Consequently, transaction costs are among the highest in the world.  With the globalization of real estate GTSA…

A group of like minded movers and shakers, seek to position Buenos Aires as one of the top 20 cities in the world

The Government of the Buenos Aires has created the BA Global Council, which will integrate important city companies and references of culture and education to attract visitors, talent and businesses. The Government of Buenos One launched a strategy of international projection of the city, with the aim of positioning it among the top 20 in the world. The project aims to install it as a leading city to live, visit, study and do business, with the aim of making it one of the global capitals in quality of life,…

Argentina shifts to the left…and Uruguay to the right?

Sunday’s presidential elections in Argentina and Uruguay revealed an anti-incumbent mood in the electorate. In Argentina, voters punished Mauricio Macri, the market-friendly president, who dramatically failed to live up to his promises of economic growth. Across the Río Uruguay, Daniel Martínez, from the incumbent center-left Broad Front coalition in power since 2004, won a plurality of votes but will face a strengthened opposition in the second-round election next November, which he might lose. Regardless…

Trevelin in Patagonia: the village that comes alive with the flowers of spring

Two thousand kilometres from Buenos Aires, a field of tulips nestled between snowy mountains and crystal clear mountain stream waters draws a rainbow of 27 colours that are impossible to forget. The fields of tulips attract visitors from Tierra del Fuego to Chaco, from Holland to the United Kingdom, lovers of flowers here find a unique charm since the plants are surrounded by a cordon of the Andes mountain range, known as the Trono de Nubes (Throne of Clouds) A descendant of Welsh immigrants – Juan Carlos…

Transition in Argentina: Macri invites Alberto Fernandez to breakfast Monday morning at Government House

The victory of Alberto Fernández’s presidential campaign puts an end to the pro-business economic policies of Macri’s administration and a return to power of the ex-president Cristina Fernández  Cristina Fernández served as president from 2007 to 2015. By the time she left office, she was entangled in a string of court cases involving accusations of bribery, money laundering, treason, corruption and allegations that she had helped cover up Iran’s involvement in a terrorist bombing that prosecutor…

Argentina’s economy is collapsing. Here come the Peronistas, again

The peso is falling — and so, it seems, is the sky. Inflation and poverty rates are soaring. National reserves are shrinking fast. In short, Argentina — in a terrible deja vu of crises past — is hurtling once again toward the economic abyss. But on the bar stools and wooden chairs of Santa Evita, a grill house dedicated to Eva “Evita” Perón, the political heroine who died a Broadway-worthy death in 1952, the customers are retranqui, Argentine slang for cool and…

Argentina profile – Timeline

A chronology of key events: 16th century – Spanish colonisation of the River Plate coast and inland areas begins. 1774 – Spain settled the Malvinas Islands. 1776 – Spain establishes separate Viceroyalty of the River Plate. 1806 – First English Invasion of Buenos Aires. British force of 1,500 men under Colonel William Carr Beresford occupied the city, for about six weeks until surrendering in mid-August. 1807 ( July) – Second English invasion of Buenos Aires. The British…

Argentine and Brazil agribusiness have an “ecological surplus”

Economist Nicolás Torre, from the IERAL Institute of the Mediterranean Foundation, published an extensive thread on the social network Twitter, highlighting that both Argentina and Brazil have a positive “ecological footprint”. That is, they have more natural resources available than those they consume annually to survive. Torre’s report came in response to accusations against South America in recent weeks. First by The President of France, Emmanuel Macron, when he said that Brazil does not…

Speculation vs. opportunism – a dangerous difference

The ability to be flexible and reactionary appeals to many would-be investors. They like the idea of identifying an opportunity and seizing it with gusto, certain it will pay handsomely. I agree there are advantages to being quick on your feet when locking down an opportunity, but this sort of transaction should trigger a moment of self-assessment. When making the choice on whether to purchase, ask yourself, “Am I a speculator or opportunist,” because the differences between the two are dramatic with expensive…
Visit Us On LinkedinVisit Us On FacebookVisit Us On TwitterVisit Us On PinterestVisit Us On Instagram