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Buenos Aires Real Estate: Developers call for clear permanent rules

Despite the devastating numbers that indicate a drop in sales in new projects of more than 50 percent compared to the same month last year, developers prefer to look at the glass half full and bet on the long term. That was one of the main conclusions of the fourth edition of the Real Estate Summit organized by the leading Buenos Aires newspaper, La Nacion. “It’s a sector in which when you start a project until it ends, it goes through all the economic cycles,” said Marcos Juejati, founder…

The Stories and Secrets of North Diagonal and Puerto Madero area of the CBD of Buenos Aires in the first half of the 20th Century

On a tour from Avenida de Mayo to Plaza Lavalle one can see some of Buenos Aires most emblematic buildings projected for the most important companies of that era designed by the most prestigious architects that they had in Argentina Buenos Aires streets were initially designed as a grid destined to be almost of infinite size. Until the beginning of the last century, along with Avenida de Mayo, two diagonals crossed. Actually, they were a small apart of a plan commissioned by the architect Joseph Bouvard from…

For real estate companies in Buenos Aires, the new rental act will make less available stock pushing up rents

Real Estate professionals are against extending the contracts from 2 to 3 years and add that the banks charge very expensive guarantees. After studying the key points to the reform to the law of residential rentals proposed by the government, some real estate operators took a more critical look. Especially with the extension of 2 to 3 years of the length of contracts, which for the sector will have the effect of reducing the number of apartments for rent and push up rents. The president of the School of Realtors…

How much per square metre is housing in Buenos Aires? The most expensive and the cheapest neighbourhoods

According to the report of Properati and Oikos Bs. As., some neighbourhoods in Buenos Aires have increased more than 60 percent in the last twelve months. Buying a property in the city of Buenos Aires (CABA) in March 2018 was 10.6 percent more expensive than doing it during the same month of last year, with respect to last February, the values increased by 1.5 percent. This data follows from the April report by Properati and Oikos Bs.As. On the results of the real estate sector in the past month.…
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