Buenos Aires Real Estate

How to choose a neighborhood in Buenos Aires for the purchase of the properties? Part II

How are the buildings and apartments?

If you are thinking of how are the streets of your new neighbor going to be, I can share with you some few things:

Recoleta: Tourists use to call it the “Little Paris”, but it also has British style buildings. Here you will find roomy & classic apartments, wooden streets, and lesser apartments per floor. It is one of the most valuable areas of the city.

Palermo: It is one of the main districts, so it has traditional houses & buildings, parks & squares. Because of its wideness and different attractions, some of its districts have been recalled Barrio Norte, The Old Palermo, The Soho, Palermo Hollywood and Las Cañitas.

Palermo Soho, Palermo Hollywood: They are part of Palermo Neighborhood, so they have traditional houses and renewed PHs, which are some kind of large apartments with many rooms and high roofs, sometimes with more than a floor, and stairs on the yard. But also, there are new developments coming.

Barrio Norte: This area takes some blocks from the streets of Palermo and Recoleta, so it has something of both.

Las Cañitas: Las Cañitas is an area between Palermo and Belgrano which has been increasing its popularity thanks to its high lifestyle standards, its fancy attractions and the good security on streets, probably due to the high amount of military dependences around. Streets have classic buildings but mainly new developments with modern apartments and Lofts. Streets are wooden and buildings use to have lesser apartments per floor than in other popular neighborhoods.

Belgrano: Along with Palermo, there are the largest residential zones. In Belgrano R (Residential Belgrano), the neighborhood has the kind of families and houses you could usually find in Recoleta. It has residential buildings, tile wooden streets, parks & squares.

Puerto Madero: Just like the London’s Docks project, the docks of Buenos Aires have been renewed and represent the latest architectural trendy. Along the streets, owners drive their selves to the skyscrapers, the renewed buildings and condos, or await for the new developments coming.

The place is meant to be a dazzling neighborhood, even as much as the exclusive Recoleta.

San Telmo: This is one of the oldest districts of Buenos Aires, once spread from the dock’s edge on tile streets. The first neighbors built their fancy buildings around, which has been renewed nowadays to become PHs apartments in most chases.

La Boca: This is another kind of cultural neighborhood in Buenos Aires, built as well for the first neighbors who were part of a rather more popular class. Some people even say Tango’s history born there. Today its buildings have also been renewed yet with a particular style, so streets are splashed of colored buildings and condos, right away from the river.

Pilar: This is the area of the country houses, with the American buildings style. Pilar born once as a little town near Buenos Aires, but it has been taken by the city throughout the years. Along with other traditional surrounding neighborhoods like San Isidro, Pilar are chosen by those who look for safety streets, gardens with flowers, trees and quietness.

How to choose a neighborhood in Buenos Aires for the purchase of the properties?  Part I

This note will be delivered in three parts, so that all people who are considering buying a property in Buenos Aires, but still do not know which may be the best place, have some information here that will found it useful to read: a profile of the Buenos Aires’s streets to help you decide what is the best place.

How are the neighbors?
If it is important for you to know how your neighbors could be on the streets you’re seeking, here there are some short comments on how people use to be around:

Recoleta, Barrio Norte, Palermo, Cañitas, Belgrano: These are residential neighborhoods, people move here to live in family and have a quiet life, in nice apartments or houses, safe streets, squares, and all commodities for families. They all surround downtown.

Palermo Soho, Palermo Hollywood: These are the favorite streets for young people, designers, students and artists. People move here to be close to night’s attractive, but also to open their own design shop, a theme restaurant or bar
and other things like that.

San Telmo: This is the bohemian & artistical district. It is not a common place, its main streets are plenty of culture, music and art. If you would like to be close to Buenos Aires cultural life, this is the best place.

Puerto Madero: It is the latest neighborhood of Buenos Aires, a riverbank renewed just like the London’s Docks. Professionals and business people move here, but also families looking for the high lifestyle standards and the fancy attractive in the renewed docks.

Pilar: It is the country houses area. Families move here looking for its beauty and safety. People build nice houses on their yards, and drive to work during the weeks after a quiet Sundays.

Tips for travelers

One of the new methods that are being used increasingly by most tourists is renting apartments equipped in the best neighborhoods of Buenos Aires, Recoleta, Puerto Madero, Palermo, Barrio Norte, San Telmo these apartments are equipped for short and long periods from 2 to 6 guests with all the comforts of a “home” during their stay. This new form of accommodation has the peculiarity of having the privacy that can not be found in a hotel. For these cases as you will be hosted for a period of time in the apartment, and it would do well to consider the following items:

• Internet: many tourists bring their personal computer to be connected with their country of origin, if there is the Internet in Argentina, but the important thing to know is that all companies providing Internet have problems connecting service to its Macintosh machines, hence it is recommended that before arriving at their destination comment that you have a Macintosh computer, so that it knows whether the hand before going to be able to use or not.
• Phone: one of the modes that can have the phone lines, called control line, it has a feature that is credited XX amount of pesos in the phone, being able to make local calls to landlines. This peculiar pattern that has the time to lift the tube to make a call is not heard tone, but is heard a female voice that informs us how much money we have available to make calls. In case they want to make calls to cellular, long distance or international, in all the kiosks can be achieved “calling cards” for such communications.
• Keys: not all countries use the same keys to enter the various properties, including in Buenos Aires are changing depends on the buildings and departments. It is important to know that some keys have the right and vice versa, so if you are entering the lock side setback, there is a possibility that the same locks and make necessary arrangements or change of locks. It is therefore important to ask when entering a property if the keys have the same right and vice versa, to avoid these difficult times.
• Gas: or in the city are still used for cooking gas, very few departments in which they use the electric burners.

When planning a trip to Buenos Aires must take into account certain aspects of this city, not to meet with surprises upon arrival. Some of these are:

• Banks: there are some debit cards / credit that have a special operation in banks in the city. Regardless of the amount that the limit established for each particular bank of the debit cards, it is not surprising that only allowed to withdraw $ 300 .- (pesos) of what he has good news is that not only can withdraw that amount per day, but by extraction, which can perform more than one extraction per day .- $ 300 (pesos) each time.

• Local currency: in some shops are beginning to accept this payment in foreign currency (U.S. dollar), but not to enter into speculation, it is preferable to change earlier. In this issue is important to know that companies that change can be found in the Ezeiza Airport are characterized by making changes in currency with the lowest price stipulated by the National Bank. If possible it is preferable to bring a little cash and no change in their country of origin, and then once established in the city is directed at exchange houses or banks to make the change. For more information you can visit www.dolarhoy.com
• Electricity: as you know not all countries use the electrical voltage, so you do not have problems we need to know that the voltage used in the country is 220 Watts.

In case you need to contact your embassy during your stay in Buenos Aires, here you will find a complete list of embassies and their respective addresses: http://www.embajada-online.com/embajadas-de-otros-paises-en-Argentina-P7.htm

Large pools of investment globally tend to be one step ahead in the information they handle, such as where it is most desirable area to focus their capitals in search of bigger rent ability, which are the places with boom, and so on. And small investors, where do they take their information from?

Something to know is that unlike previous years where the investment was more fluid and constantly by the European public, the euro reached a difference with the dollar 60 percent of which from a monetary standpoint mark the desirability of invest, as a property of U S $ 100,000 U.S. dollars to acquire it is possible € 60,000. But this is not happening.

The reasons we can look for the fall values of properties in the United States and Spain mainly, and the rise in local values. The key is to look carefully and with tranquility knowing that there are good options to purchase and not necessarily in central locations such as Recoleta or Puerto Madero, names that are part of the vocabulary from abroad.

Palermo Hollywood is facing a transition similar to that experienced during the first years after devaluation; Palermo Soho area today turned into housing for walking and mandatory visit Buenos Aires, a product of its gastronomy, its stores that stand as a fashion pint, night life and its joyful constructions. But like any transition, to risk something new is seen as distant or uncertain. In March 2009 will be completed and operating a luxury five-star hotel, which joined LA ALGODONERA, LOS SILOS DE DORREGO and Av. Juan B. Justo towers are symbols of this area that will soak will glamour a neighborhood that knows how to mix strictly Buenos Aires with touches of modernity providing an interesting eclectic style.

And if we add to this the exchange advantage, Buenos Aires continues to provide attractive investment alternatives in areas that are on track to set itself up as favorite in the taste of those seeking new and better alternatives is as permanent or temporary housing.