INTRODUCTION

Buying real estate in Buenos Aires is a great idea. But you need time, patience, knowledge of the market, a modicum of Spanish ability and of cource a little bit of money. Travel Buenos Aires saves your time by doing your ground work before you arrive in the city.
We also provide you with necessary market information to help you buy well. We speak Spanish fluently and will assist in all negotiations, and most important we will make sure you deal with honest people and 'safe' properties.

Buenos Aires real estate is an increasingly attractive option for North Americans and Europeans who visit the city. Thanks to lower property prices, no restrictions regarding the purchase of real estate by foreigners and the charm of BsAs, few visitors to the City leave without having a conversation about buying and renovating an old house or apartment.
The fact is many parts of the city are being regentrified by the hundreds of foreigners who buy here each year. With the huge influx of tourists coming in for weeks and months at a time it has become common for apartment owners to rent to visiting foreigners, producing income on properties in which they don't live.
Indeed, real estate in BsAs offers huge investment potential for overseas investors.

Ask most Argentines and they'll tell you the economy is in a pretty bad state.
While this is true compared to the good times of the 90's, things are changing.
They paid their IMF debt of nearly $10 billion last year, and low prices fueled by the economic crisis of 2001-2002 have ushered in a new era of tourism. North Americans and Europeans are arriving in the city in record numbers.
During the Menem years of the 1990's when the peso was pegged one to one with the US dollar, the city was more expensive than Barcelona. But now that foreigners can afford to visit this romantic place, they are arriving in ever-increasing numbers.
It is somewhat ironic that it took an economic crisis to attract tourists, but the reality is that the visiting foreigners are likely to be helping in the reconstruction of the country's beleaguered economy.
Foreign investment is increasing dramatically year on year and the economy has been growing more than ten percent per year since 2003.

Foreigners with resources have been buying up properties since the crash.
There is an ever-increasing real estate boom that only seems to be growing.
Prices are rising steadily in high-demand areas like Recoleta, Palermo, Barrio Norte and Retiro, but values are keeping steady in more traditional neighborhoods like Caballito and Almagro.

Often foreigners are shown "impeccable" properties. It is assumed that since foreigners are in a hurry to buy and have a lot of cash on hand they are interested in only the high-end properties in perfect condition. This unfortunately eliminates a huge number of great properties in need of work.

As an example, my wife and I bought a property in Barrio Norte for $42k. It was in disastrous condition, but was a fundamentally good apartment. The location was great, the hardwood floors were in wretched condition but only needed a little sanding and plastifying, the walls hadn't been painted for decades, the original wood doors were in horrible shape, covered in an ugly aqua paint, the kitchen and bathroom were atrocious, and we said, Great! We'll take it. Why? Because for US$3500 we could totally renovate it and turn it into a truly beautiful apartment. See the photos below. We have already received cards under our door from unsolicited buyers with offers.

The thing is we had to search far and wide for good people to do the renovations. We cold-called a few places and had architects come over to give estimates. We heard estimates ranging from US$6000 to a remarkable US$15,000! So we did what we did when searching for our other properties, we called people we already knew and asked for referrals. Finally we met the right man with the right price.

Pasillo [Before]

Living [Before]

Kitchen [Before]

Loft [Before]

Lavadero [Before]

Pasillo [After]

Living [After]

Kitchen [After]

Loft [After]

Lavadero [After]