From 1977 to 2023: what happened to residential property prices after each presidential election in Argentina?

After four years of declining property prices, values ​​have stabilized, and there are promising signs of recovery: the analysis of the last 46 years in the Argentine real estate market. A few days before the presidential elections in Argentina, the real estate market is beginning to show signs of an imminent change in trend. To understand the complex behaviour of the sector, it is vital to contextualize the historical fluctuations of different economic moments, such as growth and recession cycles.…

10 Mistakes many Real Estate investors make when starting off

Although this post is aimed at residential investors, it could apply to all real estate investor classes. Once the real estate market starts to recover, investing in property becomes an appealing option — either as a career or a great side job. Like any other endeavour, though, there’s a right and wrong way to go about it. Bankrate spoke with established, full-time real estate investors and professionals, such as bankers, to identify the traps into which real estate investors most often fall. 1. Planning…

The Economist Ranks Buenos Aires as Top Choice for Digital Nomads in 2023

Buenos Aires Ranked as Top City for Digital Nomads in The Economist’s Annual Ranking. The annual ranking of The Economist magazine has placed Buenos Aires, the capital of Argentina, among the cities most chosen by digital nomads. In a new edition of The Global Liveability Index 2023, the magazine distinguished Buenos Aires as the city with the best quality of life in Latin America. For the second consecutive year and the eighth time in nine years, Buenos Aires topped the list of Spanish-speaking cities in…

CEO of GTSA gives six negotiating tips for foreign buyers

Geoffrey McRae, GTSA Real Estate Consultants CEO, outlines some basic negotiation skills that can help when approaching the sales process in a foreign country. Many foreign buyers are uncomfortable or inexperienced with the negotiation process in a country where they know little about the local customs.  While the vendor has their broker to negotiate for them, buyers are at their own mercy. ( the vendor’s broker will often also act as a buyer’s agent, which is the norm in most markets we cover,…

Vaca Muerta in Argentina, one of the world’s largest shale deposits is rated to be one of the worlds largest largest gas exporters

Flavia Royon, the Energy Secretary, announced that Argentina is focusing its efforts on increasing exports as the production of shale-gas deposits in Vaca Muerta increases. The first objective of the government’s plan is to stop gas imports entirely by 2024-2025, except during times of peak winter demand. She said that the construction of a pipeline in Neuquen, with a large capacity, from Vaca Muerta is fueling exports. The Energy Summit was organized by the El Cronista newspaper. In July, the pipeline…

MercadoPago is the most extensive online payment network in Latin America

Thanks to the digital revolution, many people now participate in e-commerce via their mobile phones. Online payments are becoming increasingly important. MercadoPago, the largest Latin American online payment network, was launched in 2012. MercadoLibre, an e-commerce marketplace and online bidding site, found it. It allows users to send and receive online payments safely, efficiently and quickly. Apps allow companies to charge customers in different ways: via email, social networks or websites, mobile applications,…

Real Estate Prices in Buenos Aires are starting to rise

Real estate prices are rising again after one of the worst drops in living memory. This indicates that the prices have hit the bottom and the “rebound” effect has begun. Despite the worst buying and selling period in 20 years, property values are recovering and overcoming the crisis. According to a Buenos Aires College of Notaries report from July 2018, 3,357 homes removed their for sale signs from the facades and completed the planned transactions. Since 2023 started, these properties have already…

Consolidation of South American meat processing plants

Minerva Foods was the biggest exporter of beef in South America. It will take control of a San Luis unit in an operation worth US$ 1.5 billion for it and 16 other Marfrig Global Foods plants in Mercosur. Minerva Foods controls Swift in Rosario. Swift Argentina In Mercosur, the Brazilian company Minerva Foods, the biggest exporter of beef in South America, now controls 16 refrigeration plants owned by its rival, Brazilian Marfrig. Argentina, where they bought an establishment, will consolidate their number one…

Argentina’s Economy Report 2023

What’s in store for Argentina’s economy? The Argentinian economy is going through turbulent times amid hyperinflation, a crumbling peso, a brutal drought hitting agricultural output, and general elections scheduled for October. Our country report cuts through the uncertainty with focused written analysis, tables, charts and forecasts from over 50 expert analysts for dozens of key economic indicators. About FocusEconomics FocusEconomics is a leading provider of economic analysis and forecasts for over 200…

How landlords and tenants survive in a country with 100% plus inflation

Landlords and Tenants in Argentina are between a rock and a hard place. There is a substantial rental property shortage caused by an incompetent government that made laws that made it so unattractive for Landlords to rent properties that many choose to short-term their properties using tools like Airbnb. Hopefully, a new government will change these, making the market more stable. The Chamber of Deputies passed a bill this week that proposes, to put it simply, to restore some of the controversial aspects of…

Argentina’s likely new President intends to snap the current oppressive farming taxes and privatise the state oil company.

Javier Milei – the libertarian candidate in Argentina’s Presidential Election – would remove state interference from Argentina’s massive farming industry, resulting in a boom in exports and foreign investment. Milei, a free-market advocate, promised to dismantle the policies that have prevented agricultural investment in this century. Milei would eliminate export tax quotas and unify the foreign exchange rate. He also wants to stop direct interference in food prices. On Wednesday, Milei…

In a Real Estate Market frozen by the PASO Elections in Argentina, real estate companies have launched a portal to reduce advertising expenses.

The real estate market in Argentina is going through one of the worst crises in its history. To the adverse scenario is now added the electoral climate that generates total paralysis in purchasing and selling properties. In this context, the Buenos Aires College of Brokers launched its portal. This platform seeks to compete with Zonaprop and Mercado Libre and reduce the expenses of real estate companies currently in the red. Unlike other sites, the platform, which serves the 8,500 enrolled at the Real Estate…

Javier Milei, a far-right libertarian, won the Argentine primary elections.

The La Libertad Avanza candidate seeks to abolish the Central Bank in its present form and adopt the US dollar as the country’s currency; he received 30 per cent of the vote in the presidential election. A far-right Libertarian candidate won Sunday’s presidential primary in surprising support for a politician who wants to adopt the US dollar as Argentina’s official currency. Congressman, economist and former television commentator Javier Milei, 52, achieved 30 per cent of the votes after 96…

Why South America should be considered a Preferred Investment Destination

GTSA principal Geoffrey McRae has lived and owned real estate in South America since 2003, so he has his own views of its opportunities and risks. He founded the real estate group under the Gateway to South America brand covering Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, so he has seen the benefits and challenges of operating in each country and market. In his opinion, business success in the region relies on the ability to understand the countries’ histories, their business customs and learn…

Investors are starting to notice that Latin America has the commodities to become this century’s super producer

White crystals cover the ground near the Atacama salt flats in Chile. Below the surface are vast lithium salts deposits, the ore used to produce the light, soft metal needed for high-capacity battery production. Pumps operated by sqm, the world’s largest lithium salt producer, vibrate as they draw up mineral-rich brine. The liquid in evaporation pools is a patchwork of blue and emerald on the bright crust. This operation begins a chain that ends with the lithium batteries used to power electric vehicles.…
Real Estate and Investment News from South America
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