Argentina property hot in 2007
Jan - 19 | 
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Argentina Property
Mangal Kapoor has written two articles recently on the Argentinean property market and paints a picture worthy of further inspection:
Argentina may have been in crisis a mere five years ago, but today it is a property hotspot, writes Mangal Kapoor. Transaction volumes are rising fast – up 37% between September 2005 and September 2006 in Buenos Aires – and so are prices. This should continue. A stable parliamentary democracy is in place, and a strong police presence on the streets inspires a confidence not shared by Argentina’s neighbours, Brazil, Peru and Chile. Investment in tourism has also paid off Continue reading at Moneyweek UK
Mention Buenos Aires, and most people in Britain still think of rioters protesting about the Falklands war. But in Argentina, all that is now a distant memory. The county’s capital has reclaimed its title as South America’s most cosmopolitan city and is once again attracting visitors from around the world. What’s more, the city’s English and Anglo-Argentine communities are thriving.
A 15-hour flight from London, Buenos Aires is a beguiling city of broad avenues and well-maintained parks, where the quality of life is good and the cost of living is low. Summer runs from late November to February, with temperatures reaching average highs of 24C-29C. Continue reading at Timesonline Overseas
Not only Argentines were involved in this real estate boom. Foreigners from all over Latin America, the United States, and Europe were also playing a major role. The price of a square meter of land in Argentina was on par with other Latin American countries but was still quite cheap for buyers coming from the U.S. or Europe.