Buenos Aires Real Estate

This proposal is the best when it comes to deciding the buying of an apartment. The advantage of this building is that you can choose the amount of rooms you need: you are buying an apartment fixed to your needs. It also counts with the possibility of financing and combined operations related to your property.

A building located in the best area of Belgrano, with a trendy design and first quality construction and comfort.

Entire control of ordinary services and automated intelligent system for your security, intruders’ control, control of all the electric devices, etc.

Last generation lift, furnish elevator and stretchers.

Installation prepared for cable internet in all the apartments and wi-fi in shared spaces, system prepared for future advances Voip 3 play.
Plants:
- 80 to 110 mts

- 110 to 130 mts

- 130 to 160 mts

- 160 to 260mts

Amenities:
- Outdoors swimming pool 28 mts

- Covert swimming pool with swim against the stream.

- Gym

- Dressing room

- Sauna

- Laundry

- Playroom

- Grill for barbecues

- Solarium

- Dressing room for maids

- Business Center

- Winery

- Squash course

- Microcinema

Wall design, 80 meters designed by the architect Clorindo Testa.

In the center of the city with all amenities for this time. Safety, design, quality, price, financing, and number of rooms according to your specifications, for all this, it is the best option to buy.

The decision of buying in Buenos Aires


Surely we will agree that the most important moment and, at the same time the most anguish for all the challenge that this decision involve, is the positive decision of buying a property. First at all, because you will decide to invest the product of years of work and savings and second because you are miles of kilometers away.

The first question to make yourself is :¿FOR WHAT DO YOU WANT TO INVEST? If you only want to buy a property as an investment, the price will be the changeable to pay more attention. If you are looking for a housing, the central theme is the number of rooms, characteristic impossible to disregard and of course the zone.

Either it would be for housing or for investment, take your time for walking around, even though you won’t be able to known every details of the neighborhood but at least, It would let you know if the place has any potential or if you like it.

The search is exhausting but it is the most amusing part of the process. AND THEN?

The first step that we recommend is trying to get the CDI, which is the password that will let you buy (like a foreigner) any kind of property with a register in Buenos Aires city. After having the property, although it will be for temporary rent (a hotel’s room is useless because it is considered like a place for a short stay), it is ne need to arrange in the police station of the neighborhood a certificate of residence that costs $10 approximately (ten Argentinean pesos).

With that paper you need to go to the rightful AFIP, fill up a form and, at that moment, you will have the CDI number. It is very simple, and if you do not have it you will complicate and cancel any process of buying a property.

¿WHAT IS A BOOK OF A PROPERTY? It is a written formal process when you have the intention of buying a property. It is taken AD REFERENDUM, it depends on the approval of the owner. If the owner do not accept that, he will give you back the money. Otherwise, the process of buying the property must be continued.

The amount fluctuate among U$A500 and U$A 1000, and it must be reinforced if you decide to make a direct deeds or it is the previous step before signing the ticket for a buysell for the 30% the value of the property.

It is very important to remember that only in case it is a brand new house, THE BUYER DECIDE THE NOTARY THAT WILL BE IN CHARGE OF THE PROCESS.

Finally arrange the shipment of the money to Buenos Aires. For this we recommend only to use the official bank, because using other options it will cause more problems in the future, mainly legal problems with taxes linked with money laundering, linked with the international context.

Consulting is the begin of a successful investment program in a country that offers a varied and very convenient investment option.s.

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

Which are the things to do on the different neighborhoods?

Every neighborhood has its style, its culture and so its habits. Give yourself a little idea of the things to do you would find downstairs and around:

Recoleta: The gardens and terraces of Recoleta are plenty of classy restaurants and cafes, decoration props shops and even a design mall, museums, parks and cinemas.

Palermo: The neighborhood is well known for having the Palermo Woods, a huge park. It is a large district, so people will find all kind of shops and usual attractions, universities, offices near downtown and the special attractions
of the areas in Palermo.

Palermo Soho, Palermo Hollywood: They are known for theire trendy bars and nightlife attractions, many artists and designers even have their own bars around.

Las Cañitas: Its lovely streets light up at night inviting visitors to stylish restaurants and theme bars with cool music, drinks and food.

Puerto Madero: Has nice and elegant restaurants for family and theme restaurants along the riverbank. On weekends, visitors have the historical Sarmiento Frigate to visit, and exclusive discos where international Djs use to play at night.

San Telmo: At the weekend the streets blow up with flea markets, street shows and urban artists. It’s one of the favorite tours in Buenos Aires, inviting to nice walk.

La Boca: Is well known for its street markets, the tango corners and dancers, and urban artists.

Pilar: It is one of those places people use to visit in a nice wheatear weekend. It is near to “Delta”, the river and the fields. Right ahead there is also one of the biggest zoos of South America, with all kind of free animals. People willing to have a getaway from the city, use to choice the green outskirts of Pilar. They can also enjoy a lot of different family restaurants.

Which are the typical shops in every one?

The lifestyle standard also use to be related to the shops and amenities near as well. Here is a short review of the commercial places in each neighborhood.

Recoleta, Barrio Norte: They have a lot of art galleries and the most famous ones of Buenos Aires, shops to buy leather and luxury goods and to do window shopping, malls, haute couture designers, decorative goods, exclusive furniture and more.

Las Cañitas, Palermo Soho, Palermo Hollywood: Famous area because of its designers and trendy goods shops.

San Telmo: Beside the flea markets, there is the largest amount of antique stores, and collectibles of the city. Due to the high amount of artists who live there, it is also a good place to look for trendy art pieces.

Pilar: Near the country neighborhood there are some exclusive shops and the biggest mall of Buenos Aires.

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.

If we have to make a quick balance of the last few years about the inversion in real estate business, we will be able to say that the growth is the main characteristic.

Rates and reality show that Argentinean economic growth has no interruption during these years and it is also being significant, even more than neighboring countries such The Economist point out in a recent article; it indicates a 9% increase in contrast with Brazilian economy. Tourism peak is another beneficial factor that influences in this development, showing a progressive increase as a tendency, it adds year by year more foreign visitants. Also, building industry shows a stage of plateau (for local reason) that motivates the increase of the square meter of construction for certain areas, seeming to be the trend within short term in Buenos Aires. Specialists think that the increase in the price of the square meter is an opportunity of investment to take into account, the same happens with the renting apartment segment. The supply revalues each property, an equation that is profitable to whom invested and also to invest nowadays considering the prediction of this tendency.

“Las Cañitas” and “La Imprenta” for example are ideal areas to invest in Palermo; it has an important supply of new buildings (a total of 42 constructions) most of them are residential buildings; this is a thing that must be pointed out. In 2005 the price of the square meter was approximately of USD 1450; in 2006 it was of USD 1600; in 2007 it was of USD 1980, finally in 2008 it reaches USD 2350. This shows an increase of the 18% in the last year. “Las Cañitas de Palermo” is a good opportunity of investment being also profitable in other neighborhoods of Buenos Aires.

Those who are interested in renting apartments, will be favored because the return rates are the highest in the world, the lodging demand of foreign people is evident, the tourism boom, the benefit in the currency and the life standard of the city, make foreign people (specially Europeans and Americans) to invest in Buenos Aires’s properties; not only to live in but also as a business.

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