Buenos Aires Residential: The data that reveals why it is time to buy a property

The purchase and sale operations registered in March 2024 are positioned as the highest increase in the past five years. The first two months of the year recorded a drop in the total number of real estate purchase deeds, with 1,882 in January and 2,213 in February, after an end of the year marked by 4,560 events in December 2023. Despite the political and economic fluctuations with which 2024 began, In March, the real estate market registered a significant increase: it added 3,399 registrations – 53%…

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 the construction…

Buenos Aires Administration actions off a range of residential, deceased estates which have no heirs

First auction of the year of homes without heirs in CABA with the offer prices with which they go on sale Most properties are apartments with a base value starting at $35,000. How to participate in the virtual auction Several Buenos Aires properties without heirs are auctioned online at bargain prices on May 8. Banco Ciudad offers savings investors an opportunity to invest in properties through an online auction. The Buenos Aires credit institution has set its first virtual auction of the year, featuring six…

“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…

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,…

Why Buenos Aires is an attractive designation for retirees

Buenos Aires, the capital of Argentina, is a vibrant and cosmopolitan city known for its European charm, rich cultural heritage, and thriving arts scene. With its sunny climate, affordable cost of living, and welcoming people, Buenos Aires has become a popular destination for retirees looking to spend their golden years in an exciting and stimulating environment. This article will explore the many attractions that make Buenos Aires an ideal retirement place. Culture and Entertainment Buenos Aires is a city…

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…

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,…

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…

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…

From 1977 to 2023: what happened to residential property prices after each presidential election in Argentina?

After four years of declining property prices, values ​​have stabilized, and there are promising signs of recovery: the analysis of the last 46 years in the Argentine real estate market. A few days before the presidential elections in Argentina, the real estate market is beginning to show signs of an imminent change in trend. To understand the complex behaviour of the sector, it is vital to contextualize the historical fluctuations of different economic moments, such as growth and recession cycles.…

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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