Argentina Real Estate
Welcome to our industry news section! Follow the latest Argentina real estate news, including top articles concerning construction, housing market and commercial real estate trends in Argentina. Real Estate news continually updated from local and international leading sources.
The dynamic nature of the real estate market in Argentina means that it is changing all the time. New areas becoming popular, different cities experiencing growth, new types of developments become popular.
We don’t just cover the Buenos Aires real estate market either. Our coverage includes major Argentine cities like Córdoba, Rosario and Mar del Plata. We also include the interior provinces, keeping our finger of the Argentina real estate pulse. Plus, the movements in the Uruguayan real estate market are reported on too. This will provide you with a broad background of information wherever you are looking to buy or if you are just interested in the Argentine market.
Our Argentina Real Estate news section is continually updated from local and international leading sources. We use a variety of sources and an in depth knowledge of the Argentine real estate market to bring you accurate and informative information.
So whether you’re choosing where and when to invest or just taking a peek at the ins and outs of the Argentine real estate market, this is the place to come.
Recent Argentina Real Estate Headlines:
Palermo Green in Buenos Aires (Palermo Verde or Natural) Bosques of Palermo Buenos Aires
According to an article entitled “Palermo que no se detiene,” written in La Nacion (August of 2008), Palermo Green is a new, sought after barrio in the growing pantheon of Palermo barrios. It is called Palermo “Green” because of its tree-lined streets. These streets are surprisingly quiet and calm, even though they are near busy avenues. With a variety of idyllic options, Palermo Green has property for sale from 2,000 dollars per square meter.
Real Estate in Buenos Aires for Sale
Apartments in Buenos Aires are desirable buys right now, and in an article from the New York Times entitled, “For Sale…in Buenos Aires,” one such apartment is showcased. The apartment for sale is a one-bedroom, 462-square-foot furnished pied-à-terre. It has a balcony that overlooks the trees of the street below as well as the other French-style apartment buildings on the block.
Buenos Aires Real Estate: Belgrano
The barrio of Belgrano offers nearly the entire gamut of life styles and buildings. According to the article “Belgrano: Much More than a Barrio,” in Infobae.com, the barrio is divided into many zones with many price ranges, giving buyers and renters the opportunity to find whatever zone suits their financial needs. With modern buildings, classic architecture, old mansions, hotels, lofts, gardens and parks, and a variety of businesses, there are few areas that can complete with the range of Belgrano’s offerings.
Small Apartment units in Buenos Aires attract Real Estate Investors
Small housing units of one, two or three rooms are the most popular investments in the Buenos Aires apartment market. These smaller units usually cost around USD 60,000 and USD 150,000 to purchase. After the crisis last year, the slow recuperation of the market generated an interest among investors in smaller housing units.
Property Prices in Buenos Aires are predicted to increase by 20% in 2011
Despite the economic situation, the demand for housing in Buenos Aires will continue to grow given that the dollars that support the development of housing projects will come from the commercial market. This influx of money will drive the property prices. The price for construction is getting more expensive with each project. The high prices of construction materials and the low salaries will not halt the raise in price. All of these factors will result in an increase in property prices of at least 20% by the end of 2011.
The Argentinean Real Estate Sector is Optimistic for 2010
Nobody will deny that the last year was tough for real estate in Argentina. By the end of 2008, it was apparent that 2009 would be rough for all involved. Today, however, it is recognized that the past is behind us, and brokers and developers are optimistic for what 2010 holds for the industry.
Land in Buenos Aires is scarce and high valued prime real estate
Land in the city of Buenos Aires is scarce and high valued prime real estate. At the moment, the most sought after land in the city of Buenos Aires are lots between 1000 and 1500 square meters with a front of 8.66m. Many developers carefully contemplate the decision to buy a plot of land to build on due to the expense of construction and land.
Argentina’s Real Estate Ready to Tango
Buenos Aires is one of the best places in the world right now to buy property. According to the article “Argentina’s Ready to Tango,” written in January 2007 for The Sunday Times, Buenos Aires offers the best of cosmopolitan life without the high prices of London. Flats in Buenos Aires are much cheaper than ones in London, due in part to the crash in 2002 when they devalued by 50 percent. While they have recovered since then, prices are still impressively low and property is a bargain.
Argentine real estate sector booming
When the 2002 crash occurred and the Argentine government defaulted on its debts, the banking system of Argentina essentially collapsed, leaving people mistrustful of banks and desirous of investing their money somewhere else. Real estate was an appealing option for people looking to rebuild their finances without putting their savings in the bank because land was available at low prices and there was a good balance between construction costs and sales prices.
Property bubble in Argentina
To buy now or not to buy now? That is the question that has been troubling home buyers and property investors recently in Argentina. Is it a smart move to invest now? Is the market growing? Or is the property bubble set to burst? The price per metre square of property is at an all time high, so Buenos Aires Real Estate takes a looks at the market to see if the price tag is deserved.
Historic Buildings in Buenos Aires Rent for High Prices
Buenos Aires is renowned for its unusual cocktail of architectural styles that show examples of all the great modern eras of design. The most historic and classic landmark structures are the most exclusive and highly priced in the Buenos Aires real estate market.
Argentina mortgage key points
Everyone dreams of the day they will be able to stop renting, and begin putting their money into something they own. But in today’s market, with constantly rising property prices and few financing options, this dream seems more and more out of reach.
Time of change in the Argentina real estate developments
New businesses, together with the highway, the development in Olivos and the works that Vicente López is working on all promise to change the face of this zone even further. Currently, there are over 15 premium residential and commercial projects in development in this area, some with river views, and others around Avenida del Libertador.
Mortgage Credit in Buenos Aires Argentina
These days, with the lack of credit in the Argentine real estate scene, making the leap from a one-bedroom to a two-bedroom is a very complicated task. Many families have just barely what they need for a livable housing situation, and when something changes in the family, be it a new child or just growing lives, finding resources to add to the family home can be extremely difficult.
Villa Crespo charm on the cheap
According to the article “Charm on the Cheap,” from the Financial Times, some residents of Buenos Aires have found a niche for themselves renting in Palermo, but actually living in the neighborhood to the south-west, called Villa Crespo.
Argentina Real Estate Investing: Property and rent the best option
Real estate has been the most popular option for investors in Argentina, carrying with it stability and consistent return. Although not to the same degree as in previous years, it not only offers a place to safe-keep savings, but it also brings in monthly rent. Trusts, buying apartments to rent them out, and garages are all popular choices for a refuge for savings. And in light of recent events and how the local market has reacted, this belief is even stronger than ever.
Land in Buenos Aires: Scarce and Expensive
Land in Buenos Aires is scarce and high valued prime real estate. At the moment, the most sought after land in the city of Buenos Aires are lots between 1000 and 1500 square meters with a front of 8.66m. Many developers carefully contemplate the decision to buy a plot of land to build on due to the expense of construction and land.
The real estate value reference (VIR) in Buenos Aires
Looking to avoid tax evasion, among other things, the Real Estate Value Reference is a governing property within eight important districts in Capital Federal, and has set forth some new guidelines. The operations cannot be less than the established figures, which are closer to the true prices today.
A Good Response to Premium Office Buildings
Everything seems to indicate that the market for office buildings in the northern zone of Buenos Aires has definitively consolidated. This trend began in 2007, and despite the crises of recent years it still shows the potential of the sector, as well as that of the new proposals that are on the table, particularly those alongside the Pan American highway.
Buenos Aires Estate Haven
After a difficult 2009, the real estate and construction sector saw higher sales during the first quarter. In an inflationary context, the expected rises of up to 10% (in dollars) in property prices, those with an income surplus are more and more looking to real estate as a haven of value, an attractive investment that resists rising inflation, with low rates for fixed terms, and a relatively stable dollar. Read More
Investors are Looking for New Places to Build
The real estate market in Buenos Aires is changing. Little to no financing is available, costs are unbearably high, and the most sought-after areas are already overflowing with development. What does all this mean for the real estate market? It means it’s time to look elsewhere; to think outside the box. Read More
Condo Hotels in Argentina Guest Apartments with Hotel-like Amenities
Condo hotels are earning a larger space in the real estate industry these days, a method which allows for a careful mixture of residences and business. This niche of the hotel business started in Miami, and has since gained popularity and success all over the world. It is quickly gaining ground in Argentina. Read More
Parque de los Patricios Buenos Aires' Technological District
Parque de los Patricios was home to not much more than factories and warehouses, which fell into disrepair with time. Today, the neighborhood is putting its past far behind it, as 207 million pesos are planned for real estate projects in the next two years through the creation and development of the Technological District. Read More
Nordelta's Luxurious Development by Yoo inspired Philippe Starck
Designer Philippe Starck is known throughout the world for his luxurious apartments, and now, living in one does not mean traveling to the opposite end of the world. In fact, just 30 kilometers from the city center is Nordelta, a 1600 hectare megacity north of Buenos Aires. This community is home to one of the most advanced, avant garde enterprises in the saga of Yoo inspired by Starck. Read More
Rosario Real Estate - The Housing Boom in Rosario Santa Fe, Argentina
The recent housing boom in Rosario has been coming for almost a decade, thanks to the investments of foreign currencies produced by the country. The important crops surrounding this metropolis had their effect on the city and its economy. Read More
Mar de Las Pampas Real Estate
Nearly 10 years ago, Mar de las Pampas (Beach Resort) was converted into a major tourist destination thanks to its rapid real estate growth. And today, the beach continues to stand out for its peacefulness and its strong connection with nature. Read More
An Alternative Real Estate Investment in Buenos Aires
Real estate has long been a popular investment option, but generally investors look to apartment or office buildings. However, it may be time to look toward a different kind of housing: parking garages. Read More
Buenos Aires Long-Term Rentals Market Trends for 2010
The supply of rental properties is up 45% over last year, and the property values haven’t changed. Regardless, an increase of 7 to 10% is expected this year; in addition to the lease, service charges and expenses must be raised as well — a heavy load for the tenants. Read More
Premium buildings with high-luxury amenities
Especially in the higher-end market, amenities have become one of the most important selling points. Each buyer looks for something different, but the fact is that everyone is looking for something a little extra. Read More
Buenos Aires Renovated Apartments
Many property buyers in Buenos Aires like to take part in renovating apartments, whether it be for the sake of making a place truly their own, or for renting the unit out or reselling it to make a profit. Read More
The Argentinean Real Estate Sector is Optimistic for 2010
The recuperation of the real Estate sector, slow but sure. Nobody will deny that the last year was tough for real estate in Argentina. By the end of 2008, it was apparent that 2009 would be rough for all involved. Today, however, it is recognized that the past is behind us, and brokers and developers are optimistic for what 2010 holds for the industry. Read More
Buenos Aires Association of Realtors - CUCICBA
A big step forward for the real estate industry. As of last July 2009, Buenos Aires now has an official organization to control and manage the operations of real estate agencies. The Association of Real Estate Agencies of Buenos Aires (abbreviated as CUCICBA in Spanish), was created in order to manage the registration of local realtors, as well as provide services within the industry. Read More
Argentina Prime Destination for Real Estate Investments
Property investment is relatively simple in terms of the legal system. Foreign investors enjoy nearly all the same benefits as locals, making it a favorable environment for investors. The housing sector has three major types of property owners, including agricultural investors, private citizens, and middle-class investors.
Argentina Premium Real Estate
Argentina premium real estate projects seem to be safe from the worldwide economic recession which has stunned the international market. Residential buildings constructed for the ABC 1 sector are still in great demand and maintain their original prices despite today's harsh economic reality. Read More
Argentina Construction Overcame the Farmer Stoppage and Rose 7.5%
In June 2008, Argentina experienced a sharp fall in construction due to the problems between the Argentine government and the farmers. According to the article “Construction Overcame the Farmer Stoppage and Rose 7.5%,” which appeared in La Nacion in August, construction picked up again in July, rising 7.5 percent in comparison to the previous July. It also rose 10.6 percent from June, the largest rise between months since early 2002. Read More
Real Emerging Property Markets are to be Found in South America
by Property Wire (August 2008). The analysis of South American real estate suggests that while the United States and European property markets are depressed, there are still many opportunities to make money in emerging markets. The article sites Argentina as one of the best places in the world to live right now and argues that the nation’s trade and government surpluses are a draw for Europeans. Argentina has beaches, ski centers, mountains, and vast, open tracts of land for visitors and potential investors to enjoy. Property prices have risen 50% since 2002 and tourism has grown 10% ever year since then as well. There is high demand for rental properties and buy-to-let property owners make rental income of up to 6% of the original purchase price in Buenos Aires’s popular neighborhoods. Read More
Real Estate For Sale…in Buenos Aires
by The New York Times (July 2008). Apartments in Buenos Aires are desirable buys right now, and in an article from the New York Times entitled, “For Sale…in Buenos Aires”. The Times notes that the typical buyers for an apartment like this are from the United States or Europe, though at times buyers come from Asia, Australia, and Russia. Buyers tend to be retirees looking for an urban cultural experience that they can afford over an extended period of time. There are also some young professions looking to pursue creative careers in a less expensive environment. Buyers who can afford it often augment their apartment with a house in the surrounding countryside. The reason that Argentina is a cheaper option can, in many ways, be attributed to the crash in 2001. While the nation has been recovering rapidly from its crash, growth has slowed somewhat in the last two years and prices are still much cheaper than in the US or Europe (3 pesos to 1 dollar). Read More
Construction Boom in the Capital Deflates
from La Nación (July 2008). After three years of steady increase, requests for construction permits in Buenos Aires, the Capital Federal of Argentina, dropped during the first half of 2008. According to the article “Se desinfla el boom de la construcción” in La Nación Newspaper, this drop can be attributed to a number of factors. The increase in construction costs, economic uncertainty, and some signs of deceleration in sales caused the first half of the year to close with 1.2 million square meters approved for construction in Buenos Aires. This number is 27.7 percent lower than the figure for the same period in 2007. Another factor that perhaps partly contributed to this drop is that fact that, as of July 1st, all construction companies have to present permits to the city about things such as water, gas, and light before beginning a project. Before this new law, the need for permits was restricted to certain parts of the city and only included water, making construction easier with less entangling bureaucracy. Read More
Land in Argentina Tipped as having Potential for Investors
By Property Frontiers (July 2008). Argentina is one of the latest property markets to be noticed by investors as having incredible investment potential. The group Property Frontiers says that land has been undervalued, appreciation is around 19 percent, and there are strong exit strategies, all good for profit. A place of striking natural beauty and rich culture, Argentina is becoming one of the frontrunners for overseas investment. Read More
Villa Crespo charm on the Cheap
from the Financial Times (May 2008). Anyone who knows Buenos Aires knows that Palermo is one of the most fashionable areas in town—and its real estate prices reflect that fact. According to the article “Charm on the Cheap,” from the Financial Times, some residents of Buenos Aires have found a niche for themselves renting in Palermo, but actually living in the neighborhood to the south-west, called Villa Crespo. Villa Crespo was founded as a barrio back in 1888 when the National Footwear Factory opened and conventillos sprung up around it to house the workers. The area grew into a middle-class neighborhood with a distinctive personality, known for leather goods, tango, and a thriving Jewish population. Read More
Palermo Soho is the Barrio Where Property Rose Most
from Clarín (April 2008). For the current 48 projects being built in Palermo Soho, the price has risen 13 percent in the last year, with a final price per square meter of 2,393 dollars. According to a recent article in the Clarín, “Palermo Soho es el barrio donde más subieron las propiedades,” the area achieves this high value due to the concentration of quality stores and restaurants. Read More
Palermo Hollywood: One of the hottest, fast growing Neighborhoods
from La Nacion (March 2008). “Blessed is Palermo!” say many real estate agents, their optimism part of what turned the humble barrio of Palermo into one of the hottest, fast growing barrios in the city. According to an article in the newspaper La Nacion from March 2008, “Palermo Hollywood—Un barrio de película,” Palermo is the largest and most subdivided barrio in the city and Palermo Hollywood is thought by many to be the subdivision currently on the rise. Read More
The Good Times are Here Again
by Global Property Guides (February 2008). According to an article in Global Property Guide, the “good times” have returned to Argentina, particularly to Argentine real estate. 2007 was a year of strong economic expansion, as was 2006, and this expansion is causing the real estate business in Argentina to grow and thrive. Read More
Puerto Madero: A Haven in Buenos Aires
by International Herald Tribune (February 2007). Puerto Madero sometimes feels like it is part of a different city than Buenos Aires. According to the article “A Haven in Buenos Aires,” in the International Herald Tribune, Puerto Madero is noticeably quieter and crossing its streets is definitely safer. Separated from the bustling microcentro by the water way, the newest quarter of Buenos Aires is organized and clean. A reclaimed dockland, it has been revamped the last several years and, since the crisis, has become one of the symbols of a recovering, hip Buenos Aires. Read More
Begrano Much More than a Barrio
from InfoBae.com. The barrio of Belgrano offers nearly the entire gamut of life styles and buildings. The barrio is divided into many zones with many price ranges, giving buyers and renters the opportunity to find whatever zone suits their financial needs. With modern buildings, classic architecture, old mansions, hotels, lofts, gardens and parks, and a variety of businesses, there are few areas that can complete with the range of Belgrano’s offerings. Read More
Argentina’s Real Estate Ready to Tango
from The Sunday Times (January 2007). Buenos Aires is one of the best places in the world right now to buy property. According to the article “Argentina’s Ready to Tango,” written in January 2007 for The Sunday Times, Buenos Aires offers the best of cosmopolitan life without the high prices of London. Flat in Buenos Aires are much cheaper than ones in London, due in part to the crash in 2002 when they devalued by 50 percent. While they have recovered since then, prices are still impressively low and property is a bargain. Read More
The Real Estate Boom in Argentina
By Universia Knowledge @ Wharton (October 2006).After the crash in Argentina in 2002, construction experienced a boom that has yet to abate. According to an article entitled “The Real Estate Boom in Argentina,” from Universia Knowledge @ Wharton, Argentina experienced 14 consecutive quarters of meaningful growth in the construction sector as of October, 2006. At the beginning of 2006, real estate growth had reached a peak of 21.2 percent growth. Ricardo Theller, at the Center for Advanced Studies, says that this growth could be attributed to low interest rates, high liquidity, and exchange rate stability. The eventual post-crisis improvement in public sector investment and the fast pace of macroeconomic growth were also contributing factors. Read More
