A strong upturn in activity in the rural real estate market in Argentina
From the real estate sector, they affirm that external factors such as inflation in hard currencies and the value of commodities and land are activating the market. After a slight drop in the number of operations registered during July, in August, there was a new rise in the level of activity in the rural real estate market, according to the Chamber of Rural Real Estate Agents (CAIR). In this way, the activity shows a growing trend in the last five months. Among the causes, CAIR affirms that “the rural…
In Argentina, a private study highlights that farming has a “very good image” in their society
According to a survey by Synopsis Consultores and Amplificagro, almost 70% of those consulted considered it so; the opinion on the policies of the Government towards the activity. A report by a private consultant revealed that the country has “a good image of the agricultural sector” and that “it is not justified to continue creating taxes just to cover expenses.” Through an extensive study in which the main industries of the country are contemplated, it is reflected that The countryside…
Pointed “Financial Times” editorial on Argentina: “Financial ruin is lurking close by”
It called for more harshness from the IMF and cast doubt on the competence of Silvina’s Batakis’ plan: “The political and economic odds are seriously against her.” The Financial Times portrayed a dark horizon for Argentina, in the midst of the economic and social crisis that afflicts the country. The prestigious British media published a strong editorial on the situation: it said that “financial ruin is on the horizon” and cast doubt on the effectiveness of the plan of the…
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…
Argentina has a new cropping record: between January and August 2021, they exported USD10 Billion more than in 2020, what does this mean for the economy?
Income from foreign exchange for August fell compared to July, as expected due to seasonal variations, but as El Cronista anticipated it was still the highest in Argentine history. What will be the impact? Exporting companies of grains and agricultural by-products made the best settlement for the month of August in history as announced by El Cronista. They entered USD 3,049 million during the eighth month of the year and, thus, so far in 2021 it would already be exceeded by USD10 billion to the total of foreign…
Argentine’s farmland in USD terms collapses: experts reveal which locations to now invest in
As in other sectors, the pandemic has been making itself felt in the worst possible way and that is in rural real estate activity. So, what are the areas to invest in? The paralysis evidenced by the lack of sale of properties in the urban areas, rural real estate activity also transits one of its worst moments with operations close to zero in the past two months. These same indicators are the one that opens up opportunities for investors with cash, with the prices in key areas of agricultural production areas…
The 81 Key improvements the Argentine government have made since 2015
Three years to the day in which Mauricio Macri’s Pro-Party Administration has been in office one can list the following achievements The 81 ways in which “the government has improved the lives of the Argentines”. The text, disseminated through different press channels, begins by reflecting that “we all know that the economic situation is difficult, but do not forget all that was done in these three years to get closer to Argentina that we always wanted. “ The president invites…
