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Buenos Aires
Real Estate Buenos Aires - Investment Opportunities
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LivinginBaires has extensive experience in finding, purchasing and selling Residential & Commercial properties in Argentina. We can help you find the best properties for your investment.
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The City of Buenos Aires
The Argentine economy grew 8.9% in 2003, 9.0% in 2004, and 9.2% in 2005; figures no lower than 6% and up to about 8% are predicted for 2006, and the City of Buenos Aires is thriving.
Large, elegant offices are being constructed along side of plush high-rise apartments, and the development of a new part of the city, Puerto Madero, is dynamically and dramatically changing the city's skyline.
Property appreciation and construction are in a bullish market on the increase (numbers). The exchange rate**, being as beneficial as it is to foreign investors, has enabled foreign investment to be a prime mover in this market. Real Estate is yielding significant equity and profits in the city of Buenos Aires as well as other parts of Argentina.
The Province of Buenos Aires
Large developments of suburban, private (gated) communities and Golf Country Clubs, in close proximity to the City of Buenos Aires, have emerged and multiplied in the last five years.
These homes are large, elegant and comfortable built on large strips of land. They have the latest amenities, broadband internet access, cable TV, IP phones, etc. and usually have a gym or sports center very near by. Families with small children are especially interested in these neighborhoods for their security and schools.
Other Provinces
The appreciation for farmland, vineyards, cabins and mountain-side resorts has also dramatically risen and multiplied in the last three years in provinces like Santa Cruz, Rio Negro, Neuquen, Santa Fe, Mendoza and Cordoba. Tourism has increased tenfold in these areas and there is more demand than supply in housing units for travelers.
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Approximate Area Values For Apartments |
| 1 sq. ft in | sq. ft in BA |
| Paris | 3,8 |
| London | 6,2 |
| New York | 7,6 |
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| Coin (value 1.00) | Pesos |
| Dolar | 3.06 |
| Euro | 3.67 |
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