The charm of Buenos Aires – It is still Paris in South America
Palace in a window in the centre Buenos Aires
Properties for sale in Buenos Aires are 33 per cent cheaper than in other capitals of South America Culturally diverse, artistically exciting, gastronomically delicious, religiously tolerant amid a friendly atmosphere. Buenos Aires is literally open to “good airs” to ventilate and oxygenate the city. Whether you are thinking about buying a second home or living 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…
The government’s plan to stabilise rents sends prices skyrocketing in Buenos Aires
Landlords in Buenos Aires have raised the rent on apartments more than 60% ahead of a new law that gives the government control over price increases. But in one global metropolis, rents are surging like never before. Tenants in Buenos Aires City are seeing apartment prices soar 67 percent from a year ago to an average of about 35,000 pesos a month (US$377). Rent is now rising twice as fast as paycheques, and well ahead of other prices in one of the largest cities in Latin America. “We never imagined…
Expats are Snubbing London, Paris and Hong Kong. Buenos Aires now in the top 10 of the new favourites and number one in South America
London, Paris, and Rome are famed for their history, culture, and commerce. Now, they share something else in common: Expats don’t like them. The three European capitals attracted some of the lowest rankings in a global survey of more than 15,000 people representing 173 nationalities. Concerns about health care, safety, work-life balance, and the affordability of housing weighed on their scores in research conducted by InterNations, a Munich-based expat network with around 4 million members. “Expats…
The El Paseo del Bajo Freeway is a palpable reality on Buenos Aires Waterfront
Attempts of all kinds were mounted to abort this major work that Buenos Aires City has had the opportunity to inaugurate. The El Paseo del Bajo is already a reality. The new 7.1km motorway improves the circulation of more than 25,000 vehicles per day and Its exclusive truck lanes allow them to travel faster and gives them direct access to the port. Although it is a toll road there are no booths as the fee is collected electronically. In addition, 60,000 m² of new green spaces and the removal of historic barriers…
The Government authorised the circulation of electrical buses in the city of Buenos Aires
There will be eight buses on four different lines: The 12, 34, 39 and 59. The measure was communicated by a resolution published on Wednesday in the Official Gazette The government authorized the Incorporación of eight electric buses to the public transport system in the city of Buenos Aires. There will be eight four-line vehicles – 12, 34, 39 and 59 – and their arrival takes place in the framework of a pilot test aimed at evaluating the viability to their progressive implementation in the Federal Capital.…
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…
Buenos Aires residential rental yields at historic lows
Due to the massive devaluation of the Argentine peso last year, the net yield received by an owner for renting a residential department in Barrio Norte sector of Buenos Aires fell sharply, going from 2.56% a year ago to 1.78% today. Gross income yield is the lowest since 1980 An analysis is carried out on the same property that has been studying since 2001. Located in the City of Buenos Aires, in Barrio Norte. It is a two bedroom apartment of standard quality located on the 9th floor in the quiet part of 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…
ICCA Ranking: Buenos Aires the Top City for Congresses and Conventions
Buenos Aires had an incredible year in terms of business tourism, according to the latest ranking released by the International Congress and Convention Association (ICCA). The city ranked eleventh in the world in terms of events organized in 2017 and, more surprisingly, took first place in the Americas. In 2017 the city hosted 131 international events, a historical record and 28 more than the previous year. The Argentine capital is in constant growth; in 2015 just 82 events of this kind took place in the…
Great Buenos Aires Spots for Retirees
Buenos Aires San Telmo, Recoleta and Retiro are the three great Buenos Aires spots for retirees. These are areas of the city which are comparatively safe environments. All this, and enjoying the pleasant temperate climate of Buenos Aires, attracts many retirees from around the world: those who enjoy a very good climate and living in a city that offers a different activity for each day of the year. Buenos Aires is the capital of Argentina and is known as the “Paris of South America”. Argentina has…
