South American Real Estate News
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Calle Arroyo- why it’s one of Buenos Aires’ most unique and exclusive streets

Calle Arroyo has become one of the most desirable in Buenos Aires and was even baptized by Eduardo Mallea as the “elbow of aristocracy in Buenos Aires”. In the 60’s it was also home to the legendary and trendiest Mau Mau club which was one of the most original and exclusive the city has seen. The street has been home to many important and historical buildings, such as the Torre Mihanovich which today is the Sofitel Hotel (now closed), as well as architectural gems from the porteño past. Calle Arroyo…

The Iconic Sofitel Hotel is closing in the Retiro, Buenos Aires

The Sofitel in Arroyo 841 closes next month leaving its historic building that was inaugurated in 1929 Fifteen years ago, when it opened, it was major news. A group of foreigners had chosen a palatial tower in Retiro to install a luxury world-class hotel, the first of the French Accor chain in Argentina. The building is on Arroyo Street which is one of the most sought-after positions in Buenos Aires. Then the building was in a deteriorated condition and the  Argentine 2001 crisis was fresh (think…