Argentina Real Estate in growing up only in small apartments. Investors go up with real estate appreciating in Buenos Aires. People from all the world stop buying luxury and brand new developments in the center of this city, but small and cheap apartments are the “best sellers”.
The Puerto Madero brand new shopping center brought lots of Brazilian people to buy luxury and brand new properties, villas, apartments, douplex, houses, lands, hotels, restaurants, bars, and more. Most of the apartments are rented by tourists from all around the world for long or short period of time: some examples are: Argentina Apartments and Buenos Aires Rentals.
Apartments in Abasto, Buenos Aires, Argentina: The area is known as the Tango neighbourhood, it is the place where the most important Tango singer of all times, Carlos Gardel, grew up. Because of that he was called “Morocho del Abasto”, as a recognition for his amazing talent for music there is a street in Abasto called “Carlos Gardel” and a monument erected in his memory. Abasto was the most popular neighbourhood in the 20? and 30? because of Tango Music. It is near Once neighbourhood and has a large Jewish community living there. Abasto is also located near the Centro area and its main Avenue is Corrientes, where you can find the most important theatres in Buenos Aires. In Abasto there is a lot of Tango schools and Tango dancing clubs. In this area you can also find one of the most important Shopping malls of the city: Abasto Shopping Mall.
For those who thought the Argentina real estate sector was heading for a bubble in 2006 were write. The fact is share prices of real estate developers has gone down 20%.
Rent prices continue to increase. In many areas population levels has stabled close to 100%. This stability indicates lack in properties for rent and not on a change in demands. Return rates has not significantly changed. The Sub prime has not yet influenced demand for investments in properties. Currency fluctuations of the USD have not effected, realistically, on real estate prices in Buenos Aires.
CENTRO BUENOS AIRES: The most popular tourist sites are found in this area of the city. It was originally constructed around the Plaza de Mayo, the administrative center of the Colony. To the east of the Square is the Casa Rosada, the official seat of the executive branch of the government of Argentina. To the north, the Catedral Metropolitana which has stood in the same location since colonial times, and the Banco de la Naci?n Argentina building. Other important touristic areas are The Cabildo, Avenida de Mayo, National Congress, etc. Avenida de Mayo links the Casa Rosada with the Argentine National Congress. On this avenue there are several buildings of cultural, architectural and historical importance, such as Casa de la Cultura, the Palacio Barolo and Caf? Tortoni.
Underneath the avenue, the first subway, line A, in South America, was opened in 1913. The avenue ends at Plaza de los Dos Congresos, which features a number of monuments and sculptures, including a signed copy of Auguste RodincomillaSimples “The Thinker”. In this area you can also find, the Obelisco, the emblem of the City of Buenos Aires, The most important theatres in Buenos Aires, including The Col?n Theatre, Galerias Pacifico shopping mall and Florida pedestrian Street, where you can find thousand of shops. In this area you can find all the subway lines and thousend of bus stops. From this place is easy to get to any other neighborhood.
If you are looking for apartments in Buenos Aires, DeptosTemporarios.com will be glad to assist you serving the following neighbourhoods: San Telmo, Centro, Palermo, Las Ca?itas, Belgrano, Recoleta, Puerto Madero and more…
Read also about luxury vacation home on this blog.
