South American Real Estate News
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New Property Regulations will affect Buenos Aires Landlords in 2014 involved in short term vacation rentals who are working outside the law.

2014 looks at a new fully operational law targeting the current increasing supply of temporary rental properties aimed at tourists in Buenos Aires. The transactions are not currently regulated for those who currently rent out properties in Buenos Aires  the tourism market but they will soon be monito red and supervised. Currently, according to estimates, Buenos Aires offers 6,000 to 20,000 beds in the category of temporary tourist rentals which damage the competitiveness of registered hotel beds. The continual…

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…