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This Armless Sculpture Is One of the Louvre’s Most Treasured Masterpieces and has a clone in Buenos Aires

It’s no secret that the Louvre has one of the world’s most stunning art collections. In addition to the Mona Lisa and an entire Michelangelo Gallery, the major museum also excels in antiquities, with gems that include the Great Sphinx, the Venus de Milo, and the Winged Victory of Samothrace. Buenos Aires has a perfect replica for all to see One of the most iconic buildings in Buenos Aires is the Estrugamou Palace Apartments. Within its, internal…

Buenos Aires Upper Class Residential Options

Buenos Aires, the capital city of Argentina, is known for its rich culture, vibrant night-life, and beautiful architecture. The city has a diverse population, with a mix of high-income and low-income neighbourhoods. For those in the upper class, there are a range of living options available, ranging from luxurious apartments in the city centre to spacious mansions in the suburbs. One popular option for the upper class in Buenos Aires is to live in one of the city’s upscale neighbourhoods, such as Recoleta,…

Buenos Aires: Storytelling in the city of wonders

As in any other city, Buenos Aires knows how to tell stories Anyone who has had the chance to visit Buenos Aires has probably been surprised by the heterogenic style of its architecture. Buenos Aires walks through its streets and becomes a sort of architectural tango where you are compelled to dance between the far belle époque up to the present, following its visual choreography with no repetition and where there is no determinate order. In its skyline, everything lives together in sweet harmonic chaos. From…

What can happen if you buy a new apartment off the plans and the area is less than what you paid for

Many apartments in Argentina and elsewhere are sold off the plans (en pozo), and usually, this goes smoothly. However, occasionally, there is a discrepancy between the m2 paid for and the number delivered. Sometimes there are more and sometimes less. However, this Buenos Aires buyer did not take this lying down. He sued and won for the missing metres. Paola U. bought a department in the neighbourhood of Belgrano in mid-2011. When it was delivered, the property had fewer square meters than what the construction…

A Buenos Aires Weekend Hideaway

A SPRING AFTERNOON AND EVENING AT DOS RIOS The preparations for a visit to Dos Rios always follow a similar pattern, particularly packing up the cool box. What might one forget? Did we leave wine, vodka, and lemons from the last visit? The caretaker Beto picks us up from the dock on the mainland – sometimes the water is like silk, sometimes it is choppy from all the passing boats if lovely weather beckons the Porteños out to the Delta. Boats of all shapes and sizes bob and rush about on the river, and a…

Ranking: The five cities with the most expensive real estate in Argentina

It is historical, the properties located in the city of Buenos Aires are the most expensive in the country. Without going any further, according to the latest Index from the Zonaprop portal, in November, the average price of an apartment was US$2,562/m². However, the purchase price of real estate in some cities in the interior of the country is not far behind either. Based on a private survey by Zonaprop, which LA NACION was able to access, in which the cities that have -at least- between 400 and 1,300 properties…

Three Argentine cities are among the most expensive to buy a property in Latin America

According to a ranking by Mercado Libre, Punta del Este is the city with the highest property prices in Latin America. Buenos Aires appears on the list but it is not the Argentine city with the highest average m2 value: which is a city with the most expensive properties in the country The real estate market is going through a strong crisis that translates into a record number of properties for sale and low prices . But, despite the lower of values, today Buenos Aires ranks still as one of the most expensive…

Apartment owners in Buenos Aires? where can you get a return of 6% in US dollars

The rent in the houses of Greater Buenos Aires doubles the average return of the departments in the City of Buenos Aires. In which city areas are buying to rent still a good deal? According to the latest report prepared by the University of San Andrés and Mercado Libre at the AMBA, in April 2022, there was a 0.5% drop in the median sales price in dollars per square meter of houses and apartments. The year-on-year drop in the case of the departments accumulated a decrease of 7,5%. But, while the prices of properties…

The drama of renting in Buenos Aires: sky-high prices, 6-month agreements and lots of vacant properties

While a change in the law that has been in force since 2020 is being debated in Congress, the market reacts with higher prices, less available supply and lots of informal contracts. Once again the Rental Law is at the centre of the controversy. While its modifications are debated in Congress, for now without definitions, the market continues to retract: today, the owners decide to extend the contracts for very short periods or even keep their properties empty, further reducing the number of properties on offer…

The use of cryptocurrencies prove a lifeline in Argentina’s chaotic economy

bitcoins and u s dollar bills
Workers are increasingly getting paid in cryptocurrency to circumvent exchange controls and to protect them from currency swings and 50 percent inflation. Sports stadiums, buses and highway billboards across Argentina are plastered with adverts for cryptocurrency exchanges, as the nation’s economic instability fuels one of the world’s biggest booms in digital money.  TV and radio hosts talk about investment options in digital coins, and a crypto exchange is currently one of the sponsors of the nation’s…

Why is Argentina as a “paradox” both to its citizens and to outsiders looking in ?

Translated from a La Nacion article by  Mariano Grondona The dictionary defines paradox saying it is a “strange idea, opposed to common opinions and the feelings of the people.” How “strange” is the general feeling  about Argentina for Latin Americans? Is not it “paradoxical”, even to the Argentines themselves? There is a whole department of literature devoted to the successes  and disappointments of our country to those watching,…

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…

Argentine Real Estate Crisis: Profitability has slumped to an all-time low

The average return reached 2.8% this year meaning it takes 36 years to recoup the investment. Selling prices dropped in 87% of the city neighbourhoods The profitability of the properties continues its downward path and, with an average of 2.8% a year, reaching a new all-time low, according to a report prepared by ZonaProp. The survey highlights that the devaluation of the peso in August caused the price of rents measured in dollars to fall sharply. Although the sale value of the properties declined, this was…

Properties. Where are the most expensive and cheapest neighbourhoods in Greater Buenos Aires

Gran Buenos Aires ( B.A. Province ) is home to almost 10 million inhabitants and many differences in property values. The scenario in 2019 shows the lowest values in some localities in the South, and peaks in Northern such as San Fernando, with numbers coming to exceed the prices of the prefered points of the Capital. The difference between the two ends can be more than seven times. The data is derived from the publications made on the Zonaprop site. According to a survey of the portal, the most exclusive neighbourhood…
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