South American Real Estate News
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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…

Classical French Architecture in Buenos Aires

From 1880, admirers of France as a model republic for cultural and aesthetic tastes, known as the ‘Generation of ‘80’, began to expand globally. The classical French style began to heavily influence even Non-French European Architects. At the beginning of the 19th century, after the wars of independence, European tendencies and influences penetrated into Argentina. As the new republic set about constructing a nation, the Argentine government aimed to move away from its colonial roots. At the time Argentina…

Buenos Aires: a Mecca for overseas property investment

Argentina’s booming economy is fuelling investment interest across the real estate spectrum from residential to commercial assets and hotels. With fantastic returns on investments, property investors from around the world are snapping up real estate opportunities, in anticipation of future capital growth. In addition, the tourism sector is also rapidly expanding; tourism in Argentina is expected to grow at a rate of 10% annually until 2020, compared with the world average of 4.1%. In 2010 one of every five…