“Discover the Secret World of Ultra-Luxury Homes in Buenos Aires – What Makes Them So Desirable Among the Elite!”

Are you ready to invest in a luxury property? The good news is that after five years of decline, the market has finally stabilized! Don’t miss out on the opportunity to own a piece of paradise in select locations, which are now available to both local and foreign buyers. Act fast before it’s too late! Looking for your dream apartment in the luxurious Núñez area? Look no further! The real estate market in Buenos Aires is experiencing a surge of activity in premium properties characterized by exceptional…

Argentina seen through different eyes

Historians will normally agree that history is best written by those who are not nationals of the country they are writing about. So it is not surprising that when The New York Times sent a journalist to cover the Southern Cone, once said that Argentina was like a five-star hotel in which all the guests were complaining about the room service. His metaphor had a message: that those fractious hotel guests had no reason to complain about the room service. They merely had to stop bickering and recognise what they…

11 property tips when buying

My thoughts from 30 yrs in the real estate industry. Tip 1: Contact your broker, don’t wait for them to contact you – Good properties always sell, even in a challenging market. Your ability to buy the best properties that tick all your boxes comes down to your relationships with the local brokers, so take the lead and make sure they always think of you first when they become aware of that perfect property. Ask to be on their mailing list if you are not already. Tip 2: Buy when you can afford to…

BBVA Research: Argentina Economic Outlook. March 2024

Tendencias en la Economía Argentina
Javier Milei’s government took office aiming to have a less regulated and more market-friendly economy with the private sector as the main driver of economic growth. The core of his macroeconomic policy is to achieve fiscal equilibrium and eliminate monetary issuance to cover public spending as of 2024. Key points The new Administration has started correcting relative prices. The FX rate rose 120% in Dec-23 and has been moving at a 2% MoM pace since then. Regulated prices, such as transport and utilities,…

The six neighbourhoods of Buenos Aires with the most significant supply and demand for temporary rentals

Did you know that six neighbourhoods in Buenos Aires have the highest demand for temporary rentals? These areas have a booming real estate market and offer ample opportunities for short-term rentals. Palermo, Recoleta, San Nicolás, Belgrano, Retiro, and Monserrat are the hotspots for temporary rentals in the city. Don’t believe us? The Real Estate Monitor conducted a study and found that these neighbourhoods account for most temporary rental properties. Using AIRDNA as a source, the study revealed that…

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

image of iBuenos Aires is a Slice of Food Heaven
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…

With the change in political direction, there is a boom in Buenos Aires Residential Sales with a 53% increase

The sales registered in October are positioned as the highest in the last six years. November is expected to be even higher. October was a month full of uncertainty and expectations due to the elections. But far from applying a wait-and-see policy and waiting to define who would be the next president of Argentina to try to predict how the market could evolve, the people kept the real estate market more active than ever. So much so that in October, 4,559 properties were registered, a record that can be read…

San Telmo in Buenos Aires, a neighbourhood that was among the least profitable for investors, has changed

In a few months, San Telmo went from being an unprofitable option for investors to being one of the neighbourhoods with the highest returns; the reason for this change. In the heart of Buenos Aires, the San Telmo neighbourhood surprised locals and strangers with a notable change in the profitability of its apartments. From going unnoticed as a less profitable option, this historic corner became the new protagonist of the real estate game, offering opportunities that few expected. Until a few months ago,…

Opportunity: how many fewer US dollars are needed now to build a house in a gated community in Buenos Aires than even last month

In dollars, the square meter is less than US$1,500, but the devaluation is not enough and the costs in pesos skyrocket. The financial instability that has shaken the economy in the last two months opened a new window of opportunity for savers in dollars from a new drop in the cost of construction: in July, building a house in a country house fell to less than USD 1,500/ m². However, despite the continuous devaluations, the strong inflation in pesos in construction means that costs in US currency are maintained…

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…

Agro, Retail and Banking in Argentina. Why Professional Real Estate asset valuations have become more diversified

Generally accentuated at the end of the year by business balance sheets, in 2023, an unusual increase was observed in requests for real estate valuations during the first semester, most of them related to the rise in investments due to the surplus of pesos that many companies have. The world of corporate Real Estate has been pointing this out for some time: exchange restrictions have caused many companies to accumulate a surplus of pesos and allocate them to real estate investments. In this 2023 of economic…

The Economist Ranks Buenos Aires as Top Choice for Digital Nomads in 2023

Buenos Aires Ranked as Top City for Digital Nomads in The Economist’s Annual Ranking. The annual ranking of The Economist magazine has placed Buenos Aires, the capital of Argentina, among the cities most chosen by digital nomads. In a new edition of The Global Liveability Index 2023, the magazine distinguished Buenos Aires as the city with the best quality of life in Latin America. For the second consecutive year and the eighth time in nine years, Buenos Aires topped the list of Spanish-speaking cities in…

CEO of GTSA gives six negotiating tips for foreign buyers

Geoffrey McRae, GTSA Real Estate Consultants CEO, outlines some basic negotiation skills that can help when approaching the sales process in a foreign country. Many foreign buyers are uncomfortable or inexperienced with the negotiation process in a country where they know little about the local customs.  While the vendor has their broker to negotiate for them, buyers are at their own mercy. ( the vendor’s broker will often also act as a buyer’s agent, which is the norm in most markets we cover,…

Real Estate Prices in Buenos Aires are starting to rise

Real estate prices are rising again after one of the worst drops in living memory. This indicates that the prices have hit the bottom and the “rebound” effect has begun. Despite the worst buying and selling period in 20 years, property values are recovering and overcoming the crisis. According to a Buenos Aires College of Notaries report from July 2018, 3,357 homes removed their for sale signs from the facades and completed the planned transactions. Since 2023 started, these properties have already…
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