Buenos Aires Real Estate

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I think the best areas that offer the best and coolest investments in Buenos Aires are the blue-chip areas of Recoleta, Barrio Norte and Palermo. These high-quality neighborhoods There are not only real state opcions for investements, there are also luxury designs hotels, furnished apartments and the best restaurants.

I start with Palermo, that is the most popular barrio for foreign property purchases in Buenos Aires at present, and in itself contains many different sub-barrios that are each unique in their own right.

Here are some property selections from a few of these areas (including Palermo Viejo, Palermo Soho, Palermo Hollywood, Palermo Chico and Las Canita ). For example Palermo Hollywood It offers a wide and quite different kind of restaurants and night clubs where you can spend great moments during all day but specially in the nights.

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 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.