South American Real Estate News
/ Category / Buenos Aires Residential

This is the most Parisian street in all of Buenos Aires: it has the best cafes, and it is where the most renowned art galleries are located

Buenos Aires is characterised by its neighbourhoods of French architecture. Each one of them is completely different when it comes to going through them. For example, in the Retiro neighbourhood, there is Calle Arroyo, one of the most beautiful streets in the city. Over time, this art centre managed to become one of the places in the city that manages to attract the attention of all tourists who decide to visit Buenos Airesl. WHAT IS ARROYO STREET LIKE? Arroyo Street is one of the most picturesque in Buenos…

How some Buenos Aires brokers sell high-end properties

In a property segment that still active despite the currency crisis, the real estate companies dedicated to the higher value segments explain their different strategies to sell properties that can reach up to USD 10 million or more. From Instagram to open houses On Avenida Figueroa Alcorta 3200 there is a picturesque three-story home with its frontage covered with vines and windows with glass partitioned that are closed with huge wooden shutters, decorated with beds of white flowers. The property attracts attention…

Buenos Aires: In one year, the purchasing power of property fell 39% in local currency

It is because the US dollar strengthened more than wages but the price of Buenos Aires properties fell to a lesser extent. In the past 12 months, the purchasing power of an Argentine salary in terms of buying power has deteriorated greatly according to a recent report from the Universidad Argentina de la Empresa. The fall was due to the fact that salaries fell in greater proportion to the prices of apartments that are made available for sale. Regarding the levels of March 2018, the wage index measured in dollars…

Buenos Aires properties are the most expensive in Latin America

A real estate survey of Latin America (Rial), which was carried out by the University of Di Tella with Navent (Zonaprop), showed that Buenos Aires is the city with the most expensive square meter prices in the region. According to the report, which takes into account the prices of properties last March, the value of the square meter in Capital Federal grew a 0.6% in dollars in the last year was priced in USD 3,125. In this way, it surpasses Santiago de Chile (USD 3,111) and Rio de Janeiro (USD 3,039). The previous…

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…

Buenos Aires Silent Green Growth

As happens in the rest of South America, 80 % of Argentines choose to live in urban areas. Buenos Aires is the second most populous city on the continent. Even if it is usually associated with buildings, people, traffic, and noise, there is a critical element that is often ignored:  Their trees. As I  had travelled a. lot in Europe, I was amazed by discovering that medieval cities didn’t count on having trees within their walls …  It was then, while crossing their narrow streets, that I considered a…
Visit us on LinkedInVisit us on FacebookVisit us on TwitterVisit us on PinterestCheck our RSS Feed