fbpx
South American Real Estate News

Slide gateway to south america's news resource BRings you local news and views from the region Experienced Investment news local knowledge information resource for investors real estate marketing Gateway to South America Real Estate News line Icon home Icon home Icon home brokerage services www.gtsanews.com www.gatewaytosouthamerica.com Click here now for real - estate opportunities Experienced argentina brazil chile paraguay peru uruguay agro business lifestyle real estate marketing Gateway to South America Real Estate Services high end residential Farm investment tours Icon home Icon home Icon home Icon home brokerage services
line www.gatewaytosouthamerica.com
Slide Real Estate News Service South American Focused 1000's Of Happy Subscribers Argentina - Brazil - Chile- Paraguay - Peru - Uruguay Bilingual Posts Free Subscriptions www.gtsanews.com www.gatewaytosouthamerica.com Slide Real Estate News Service South American Focused Slider Revolution is the highly acclaimed
slide-based displaying solution, thousands of
businesses, theme developers and everyday
people use and love!
1000's Of Happy Subscribers Argentina - Brazil - Chile- Paraguay - Peru - Uruguay Bilingual Posts Free Subscriptions www.gtsanews.com
/ All categories of countries are / Real Estate Transactions in Buenos Aires up 41.1%

Real Estate Transactions in Buenos Aires up 41.1%

Post available in: English

The number of real estate transactions in the city of Buenos Aires registered an increase of 41.1% in June, compared to the same month of 2016, adding 5145 operations, of which 1000 were made with bank mortgages, a 166 % more than a year ago.

According to the report of the College of Notaries of the City of Buenos Aires, the total amount of operations was $ 11,751 million pesos, 102.1% more than in June 2016 and grew 3.4% in relation to the previous month.

The nominal average value of the sales was $ 2.3 million pesos, 43.2% more than in the same month of the previous year.

Meanwhile, comparing the first half of this year with the same period of 2016, there were 43% more transactions and 143% more done with mortgage loans.

José Rozados of the Real Estate Report said that the increase in sales is driven by available credit. “There is no doubt that the increase is driven by new mortgage lending. The numbers of 41% more transactions and 140% more sales with credit are repeated month by month, which means that mortgages grow four times more than the before, “he said.

As for the rest of the year, Rozados said he believes that the proportion is going to be maintained and may even be a bigger increase. “The banks are making faster procedures and achieving greater speed in the operation, but the figures do not reflect this improvement in the internal processing, the growth will be much greater in the future. The percentage of transactions with mortgage credit will be higher, “he said.

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, Peru, and Uruguay, providing expert advice on property acquisition and disposal.

www.gatewaytosouthamerica.com

(Visited 129 times, 1 visits today)
Gateway to South America

About Gateway to South America

Gateway to South America was established in 2006 as a single office in Buenos Aires. The company has since expanded into a vibrant regional network, servicing the Southern Cone clients in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay with professional real estate marketing services. If you enjoy reading our news site please share it on your social media below.

Post available in: English

Make a comment on this post

Your email address will not be published. Required fields are marked *

Visit Us On LinkedinVisit Us On FacebookVisit Us On TwitterVisit Us On PinterestVisit Us On Instagram