MercadoLibre now sells properties that can be paid with crypto

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The Mercado Libre e-commerce will allow real estate agencies to publish properties such as apartments, houses, land, lots and premises in Bitcoin. How the buying and selling of real estate in cryptocurrencies works. Today, Mercado Libre announced that it will accept property ads in cryptocurrencies . From now on, it will be possible to access properties with Bitcoin through the platform, and there will be an exclusive section of properties listed in cryptocurrencies. “We are always attentive to the changes…

Argentina: The impact of the devaluation on residential sales and the fine print of the new stamp duty tax

Specialists now speak of a “slight recovery” of the market, but the fever experienced in August to October that is beginning to cool down after the elections. October once again smiled on the real estate market. Despite going through a change of government, with the uncertainty that this implies, 2023 was positive for purchasing and selling properties. The city of Buenos Aires is a clear example of the trend, since in the 11th month of the year, 4,068 operations were carried out. The number is celebrated…

The Javier Milei President Effect in Argentina: the reasons why the market expects an increase in property prices

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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…

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…

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…

Real Estate: Is Milei’s win a good or bad sign for the real estate market in Argentina?

The experts were excited about a change of direction and a reactivation of the real estate sector, analyze the implications of the volatility of the dollar and the electoral results. The abrupt devaluation on a black Monday for the markets and the results of the PASO generated a scenario of uncertainty in the real estate sector. During the last months, the industry was excited about a cycle change with a tail breeze and a system of sales values ​​from the low floor in prices. Real estate developers have…

Properties in Buenos Aires for Sale. The answers to 12 key questions that reveal if this year will be a good time to buy

The future of prices, where there are opportunities, the investment in a new builds, the progress of money laundering and the future of rentals, some of the dilemmas that worry those who seek refuge from their investment in bricks. After going through one of the worst moments in the history of the real estate market in Argentina. the sector closed 2022 with some indicators that generate hope. In concrete data, with the number of deeds reached in November in the city of Buenos Aires, everything indicates that…

Properties in Argentina: The trend is confirmed, and so far, in all months of the year, far more properties have been sold than in the same period of 2022

“We expect this trend to continue in the coming months and allow us to glimpse stability in the number of operations”, they anticipate in the real estate markets. A few days before the elections, with a dollar escalating at dizzying rates and an unstable macroeconomic context, the tendency would be for the real estate market to be at a standstill. However, the numbers show signs of recovery. In the city of Buenos Aires, operations grew by 15% in this first semester compared to the first six months…

The volume of real estate in Buenos Aires has not managed to exceed 3000 monthly operations. Here are the reasons why

In April, 4.3% fewer operations were registered than in March. The numbers did not take off as expected. What is the main reason attributed to the sector? What about prices? The real estate market fails to rebound. In April, 2,750 purchase-sale operations were registered, 4.3% less than in March. And just above the numbers for 2022. According to data from the City Notaries Association, the total number of real estate purchase and sale deeds registered a 7.2% increase in the fourth month of 2023 compared to…

Offices in Buenos Aires. With optimism, specialists reveal the area most sought after by companies

The market is showing positive signs: net absorption closed with an increase of 93% compared to the previous period; In addition, the vacancy percentage of square meters has diminished. 2022 ended well for the office market: the last quarter of the year reflected a good performance of the indicators. In fact, it was the second in a row with encouraging data. Some concrete numbers: net absorption closed with an increase of 93% compared to the previous period. In addition, the dynamism of the vacancy of square…

The most beautiful and exclusive street in Buenos Aires is called Arroyo but is also affected by the current downturn: how much is the value per square meter now?

It is one of the most emblematic and coveted arteries of the Federal Capital, with historical values among the most expensive in the market, but opportunities do appear The physiognomy of the City of Buenos Aires has neighbourhoods with completely different characteristics from each other. Whether due to urban and architectural issues, the presence of premises with brands valued in the market, or the lower price per square meter. Each neighbourhood has its most coveted corners, where property values change…

The Palacio Estrugamou apartments are a reflection of Argentina’s Golden Age

“The classic and refined is sometimes associated with formality and excess. To me, it’s the opposite. In this case, the challenge was to transform that formality into something cheerful and luminous.” Said Maria Silvia Loitegui, decorator in charge of giving new life to this wonderful apartment located in a building full of splendour: the Estrugamou Palace. The gates and their ample corridors simulate the carriages ‘ entrances to the French palaces In 1924, when the construction was…

The curious reason why the volume of real estate sold in Buenos Aires ended 2022 as the best year of the last 4

The sale and purchase of properties ended the year with rising numbers. The College of Notaries of the City of Buenos Aires registered the best December of the last 4 years. Property sales ended in 2022 with rising numbers. According to data from the College of Notaries of the City of Buenos Aires , 4,253 operations were held in December, which translates into a year-on- year rise of 25.7% , while the total amount of transactions in 2022 climbed 45.9 %. The main explanation has to do with the drop in prices…

In Buenos Aires, there is a lot of Residential Real Estate for sale, but few buyers: there are 163,000 Buenos Aires apartments on sale and less than 2% of the operations are completed

Although prices have fallen 34.7% in three years, according to one report, sales have improved little. San Telmo, San Cristóbal and Mataderos are among the neighbourhoods where prices fell the most The real estate stock is above 163,000 units, and only 1.57% of what is offered is sold. The excess of properties is so great that at the current level of demand, it takes 6 years to absorb all the real estate for sale in Buenos Aires when the historical average was two years. This was confirmed by Real Estate Radar,…

In Argentina, the unstoppable rise of the American Dollar: how the rise in the informal currency exchange ( Blue ) affects construction, rents and property prices

The parallel exchange rate started today up to $41 higher than on Friday, when it reached $280; although at the end of the day it ended at $260 In a convulsive start to the week after the resignation of Martín Guzmán, the Ministry of Economy and the unbridled rise of the blue dollar , which started the day $41 higher than on Friday, uncertainty is growing in all economic sectors given the scenario of exchange rate instability while a new cabinet is being formed. Within the real estate sector, the alarms began…
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