In Argentina rural real estate sales have frozen

In the past year, there were very few sales of farms and then towards the end of the year, it all stopped. In 2019 to date there have been no commercial farm sales. In Argentina, the steady upward value of the US dollar was the key factors for the paralysis of the real estate activity in farms. The president of the College of Auctioneers and Public Corridors of the province of Buenos Aires Juan Carlos Donsanto said that “in a context of strong recession and the strength of the dollar, the operations of…
Real Estate and Investment News from South America
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