Articles (cont.)
By James Scott
Buenos Aires Herald
May 24, 2006
Chicago residents Mark Warden and his wife Mary Beth found a steal on the ideal second home, offering a retreat from the bitter Illinois winters, great culture and stunning architecture. The only catch is it takes an overnight flight to Buenos Aires to get there.
The couple paid about US$150,000 last year for a 90-square-meter, one-bedroom apartment on Rodriguez Peña in Recoleta. The experience went so smoothly that the Warden’s are now closing on another place – in a century-old building – that cost just US$60,000.
“I was surprised at the sophistication of the city,” said Mark Warden, a retired president of an Illinois community college. “This could be any place in Spain or Italy.”
The Warden’s aren’t the only ones who’ve opted to move farther south than Florida in their search for a second home, trading in the comforts of a US lifestyle for the rich cultural experience Buenos Aires offers.
With real estate prices soaring across much of the United States, Canada and Europe, investors increasingly are buying up everything from apartments in downtown Buenos Aires to farms in the countryside and even wineries that dot the basins of the Andes Mountain... Keep reading about Argentina Real Estate
Property Investor News Magazine - United Kingdom
By: Mark Hempshell
April 2006
Argentina was sparsely populated until Europeans arrived in 1502
and the country was colonised by Spain - from whom independence
was declared in 1816. Over the next 160 years centralist and
federalist, conservative and radical, and civil and military
administrations traded power. In 1983 after decades of political
turmoil, plagued by terrorism and oppression under which
countless numbers of opponents 'disappeared', the last military
dictatorship was ousted and democracy was restored. In the
1980's and 1990's the Government introduced measures to take
civilian control of the armed forces and permanently establish
the country as a democracy.
Despite, at times, having suffered from political and economic
turmoil República Argentina is still the most developed country
in South America, and to all intents and purposes a 'first
world' nation, not a 'third world' one. It has the highest GDP
per capita, the highest levels of university education and an
infrastructure comparable with industrialized nations...
Keep reading about
Argentina Real Estate Investment
THE NEW YORK TIMES
February 19, 2006
NEW YORK — sung about by Frank Sinatra, chronicled by Carrie Bradshaw and trampled by King Kong — has long had mythic status. Even the real estate is legendary.
Rents have always seemed exorbitant compared with those in other big cities, and now buying in Manhattan costs a record-setting $1,002 a square foot, on average. Still, there are plenty of properties for less than $500,000, and some dynamic neighborhoods in Brooklyn and Queens have rentals for below $1,000 a month.
New York, though, is not the only city capable of captivating the unencumbered and adventurous. The world is dappled with electric and storied cities — and real estate is staggeringly affordable in many of them.
"There is so much value in a lot of foreign countries," said Nigel Leck, an international property expert on the BBC program "Uncharted Territory." "The capital growth will be very, very good." Keep reading about Global Real Estate Investments
International Homes Magazine - Leading Property Investment Magazine in the UK - Vol. 13 No. 1 February 2006
By: Michael Gunn
Is Spain looking just too crowded and familiar? Latin America has the ideal alternative for those who’ve honed their Spanish but hunger for more dramatic surroundings, greater adventure and much cheaper property. Take a bow Argentina – the continent’s second largest territory with plenty of land to spare.
“Argentina isn’t some small Caribbean island or tiny Central American tax haven,” says David Cummings of Tierra Estates. “It’s a proper country with vast opportunities for exploring. There are tropics at one end, glaciers at the other, sea on one side, soaring mountains the other.” Even the most cursory glance at a map bears him out – from the subtropical borders with Bolivia and Paraguay, down the western spine of the Andes range, all the way to the Patagonian steppes, this 5,000-km stretch of land promises a lifetime of exploration.
Also, unlike some of its South American neighbors, Argentina is a safe and friendly destination that can deliver a first world lifestyle, but at third world prices... Keep reading about Latin American Real Estate Investment
Daily Reckoning- USA
October 1, 2005
by Bill Bonner
It is early spring in the southern hemisphere. A fresh warm breeze blows across the Rio Plata. Trees along Buenos Aires’ broad boulevards are budding out. Cherry trees are in bloom. Here and there, groups of American tourists peer in shop windows. Birds sing. Lovers stroll arm in arm. It looks as though it might be the beginning of something.
Americans abroad have a mixed reputation. They are loud. They dress badly. And they have a superior attitude that foreigners take for arrogance. But they tip better than Europeans.
In our trip through Argentina, we were no different, no better. None of us had bothered to learn Spanish properly. We spoke it badly, if at all. We expected the locals to speak English…and often commented on how bad the hotel clerks’ command of our mother tongue was, hardly noticing that it was still far better than our knowledge of Spanish.
We Americans are not mean-spirited or pompous about it; still, unconsciously, we expect a little deference…a little obsequiousness…a little bowing and scraping in our direction. After all, we are the imperial race. We are the alpha nation. We have the most popular culture. We have the most powerful military. We have the money... Keep reading about Argentina
If you have any questions whatsoever, do not hesitate to contact us for more details at:
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