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Buenos Aires Province land owners are benifiting from major drainage improvements

With an investment in new drainage works reaching the USD 1,200 billion, in the province of Buenos Aires, the fourth stage of the dredging of the Salado River basin is advancing to help landowners avoid historic flooding. This stage comprises 220 kilometers that go between the Arroyo Las Flores and Bragado. It is considered by the government the most important link to the so-called Master Plan of the Salado River Extension Scheme. The master plan, created during the government of Eduardo Duhalde, encompasses…

Five things to See in Buenos Aires

Hot-blooded Buenos Aires is famous for sultry dances and steamy nights, also has a chilling side and many have a ghost story to tell. Unlike other historic cities, Buenos Aires doesn’t make ghost tours a big deal. Rather than something for quacks to make a quick peso out of, the stories are part of the city’s fabric – it’s up to the visitor to do the unraveling. Here are five of the best. 1. Recoleta Cemetery (Cementerio de la Recoleta) The cemetery is a city of the dead in which 6400…

Calle Arroyo- why it’s one of Buenos Aires’ most unique and exclusive streets

Calle Arroyo has become one of the most desirable in Buenos Aires and was even baptized by Eduardo Mallea as the “elbow of aristocracy in Buenos Aires”. In the 60’s it was also home to the legendary and trendiest Mau Mau club which was one of the most original and exclusive the city has seen. The street has been home to many important and historical buildings, such as the Torre Mihanovich which today is the Sofitel Hotel (now closed), as well as architectural gems from the porteño past. Calle Arroyo…

Are there no rights beyond survival in the world ?

The incessant clamor for rights and fairness no longer reaches just across society but winds back through world history. Past wrongs, too, must be put right. The appeals are invariably emotional. There is no analysis of the nature of the rights being asserted, the principle of fairness being established or who it is, that is responsible to put matters right. It’s enough just to make the claim. We live in an era when it seems the more rights the better and the more ways we can claim fairness the more civilised…

Is Socialism the Answer for South America Social Inequality ?

Socialism is entirely an emotional response to the world’s problems. Its great virtue is that it requires no thought. It is only the need to feel. There’s also no need to do anything. That’s the government’s job of course. Under socialism, the government owns the monopoly on doing stuff. Fixing things is not for individuals. That’s because only government has the necessary power and resources to put things right. Of course, socialism runs hard up against government having never fixed anything but…

Buenos Aires infrastructure is being rebuilt, another city is born

The first improvements to the city of Buenos Aires were very small. Its first name was Santa Maria del Buen Ayre, in 1536, then forty years later it was renamed the City of the Trinity. It was only in 1779 that real changes began with major works affecting its inhabitants. That first change meant the installation of lights to the length and breadth of what was then just something more than a large village. Its leader, Juan José Vértiz, was known as “the Viceroy of the Lighting Systems”.  Almost…

Failing Argentine Economy: “It’s Troubling that No One is Proposing Reforms”

Mauricio Macri needs to undertake drastic economic reforms to save Argentina from a death spiral of inflation and currency collapse Argentina’s National Institute of Statistics and Censuses (INDEC) confirmed an economic decline of 5.8% in the month of September. Monthly figures, although dismal and depressing, had at least been stabilizing: June saw a decline of 6.8%, July of 2.7% and August of 1.6%. September’s figures are just one further troubling sign for President Mauricio Macri and the Argentine people.…

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)…

Patagonian Lamb: a worldwide reputation of quality

Sheep production represents an important role inside the Argentine agriculture system. By the end of XIX century, Argentina had 74 million sheep, but that number has decreased over recent years. The reason for this reduction has multiple factors, but the most important during the last few years is the increase of the guanaco production (similar to a lama) and the increase of wild dogs in Argentine’s Patagonian. But even though there are many adversities some people still bet on the rising of sheep. Juan…

Farms in Argentina continue to underpin the countries economic recovery with an expected USD 3 billion of sales before March 2019

This is the calculation for the remainder of the soybean and corn harvest, as well as the exports of the new seasons wheat. Despite some flooding, it shows the hope of a super harvest is now likely to be realised. The wheat harvest already over two million tonnes. Despite flooding from over 380 mm of rain in some regions from a storm last weekend, which will damage yields in some areas. It is a shared bet by the government and analysts estimate that the recovery of the overall economy will now be in the first…

Buenos Aires: Palacio Álzaga Unzué: The most luxurious wedding gift in Argentina’s history

On May 8th, 1916, there was a large party in Buenos Aires. Two offspring of the aristocracy, Félix Saturnino de Álzaga Unzué, 31, and Elena Peña Unzué, 24, were married with all pomp and ceremony in the Church of St. Augustine. As corresponding to a wedding of that rank, the couple received innumerable gifts. But nothing was like the gift of the groom that he gave to his new wife: a superb palace a few meters from the exclusive Avenue Alvear, in the neighborhood of Retiro, which to this day still surprises…

The charm of Buenos Aires – It is still Paris in South America

Palace in a window in the centre Buenos Aires
image of Palacio en Buenos Aires
Properties for sale in Buenos Aires are 33 percent cheaper than in other capitals of South America Culturally diverse, artistically exciting, gastronomically delicious, religiously tolerant amid a friendly atmosphere. Buenos Aires literally open to “good airs” to ventilate and oxygenate the city Whether you are thinking about buying a second home or to live in Buenos Aires as a retiree, this is the perfect time to buy a property. The elimination of exchange restrictions has opened up all markets…

Hume Palace was built for a Scottish Railway Magnate in Alvear Avenue Buenos Aires

Alvear Avenue is emblematic of the elegance of Buenos Aires. The street contains an important collection of architecture from the 1900’s. In the first period, right up to the country’s first centennial, it was a street lined with Italianate villas or Victorian mansions with lush gardens. Then in the 10’s and 20’s, almost everything was replaced by private hotels of great size, inspired by the French architecture of the seventeenth and eighteenth centuries, as evidenced by the…

Buenos Aires has become one of the most admired cities in the world

Buenos Aires has become one of the most admired cities in the world due to its ability to reinvent its streets and public transportation. In 2014, Buenos Aires won the Sustainable Transport Award for giving Avenida 9 de Julio, the widest avenue in the world, a transport and pedestrian makeover. Four years later, how are these interventions for improving the quality of life in Buenos Aires? The implementation of transit on Avenida 9 de Julio translated into shorter trips for those who used public transport because…