Your most valuable assets when you set out to purchase real estate in Buenos Aires are time and money. My aim is to assist you in both these areas by working through the process with you in a consistent and established manner. Each step will be outlined in the introductory session and you can be assured that all legal and procedural matters will be adequately covered.

My personal experience in purchasing property has convinced me that the process can be simplified. After researching the whole experience, I have successfully assisted other expatriates to achieve their own goals in this area in a limited time.

My Personal Assurance

You have my personal assurance that I will work in your best interests at all times and make clear every step of the process. I will give your personal introductions to several Real Estate Agents with properties appropriate to your needs and assist you to view the selected properties. Please note that I work independently and will only serve the best interests of my clients.

The necessary banking procedures will also be outlined for you enabling you to make the best possible decision in arranging the transfer of funds. Further assistance will be offered in selecting an appropriate Escribano (notary lawyer) and, where appropriate, an accountant or other professional. These people will reassure you on the legality and cost effectiveness of your purchase and you will know that your money and property are being cared for at all times.

Further assistance can be offered should you require permanent residency and sometimes the first steps can be taken on your first visit to enable them to be completed in your country as quickly as possible.

My Real Estate Consultancy Services Include:

• Assistance with the Real Estate purchasing procedure
• Seeking out and prioritizing properties that fulfill your requirements
• Contacting agents and making appointments for inspections
• Negotiating and advising on appropriate offers and negotiations
• Assist in obtaining necessary tax number (a CDI is required for tax purposes before purchasing a property in Argentina)
• Support with the opening of a Bank Account and consult on fund transfer procedures
• Offering a list and introducing an appropriate Escribano who will advise on title and legal issues relating property selected and draw up contract for purchase
• Offering a list and introducing an appropriate Accountant who will advise procedures concerning your yearly tax bill documentation
• Where appropriate, advise or act on your behalf in buying furniture and fittings and arrange plumbers; electricians; carpenters and decorators

References and Contact Details

You can see some client testimonials here. More client references are available on request. Also click here to find out more about why you should choose my services in Buenos Aires.

Please feel free to contact me, Pericles James, on…
Telephone 15 4092 7724
If calling from overseas 54 911 4092 7724
Or email me at:  peri_eco2000@yahoo.com.au

Keep checking back - more posts and information about Buenos Aires Real Estate are coming soon!

    Good properties are selling fast but there are always excellent chances for those who are my clients.   I have a great  list of new properties that cover all budgets . Please send me a email for more.

 pericles@remax.com.ar

Beautiful unit in historic building on Avenida Rivadavia - one block from the Palacio del Congreso.  High ceilings, original wood trim, balconies, hardwood floors and original ornate tile hallways and entrance.  Building was built as a tribute to Guadi more than 100 years ago.  A Buenos Aires treasure.  News articles about the building include:

http://www.topinmobiliario.com/media/novedades/default.asp?nro=145

http://www.arqa.com/informacion.cfm/n.3928.cfm

http://www.lanacion.com.ar/herramientas/printfriendly/printfriendly.asp?nota_id=922238

http://www.administradoresph.com.ar/caphai/276.htm

http://www.pagina12.com.ar/diario/suplementos/m2/10-156-2002-11-23.html

http://secretosdebuenosaires.blogspot.com/2007/07/no-hi-ha-somnis-impossibles.html

  PROPERTY SOLD DECEMBER 2007

Large Detached House in Beautiful Area of Buenos Aires

I found an excellent Buenos Aires property deal in the form of a large detached house in the upmarket area of Belgrano R.

“Belgrano R” is chiefly residential and low-density in nature, characterized by calm streets lined with large, mature shade trees. Most buildings here are detached single-family homes that follow Anglo-Saxon architectural styles; often residences have sizable backyards with swimming pools. This part of Buenos Aires is favored by wealthy Argentines and expatriate businesspeople.

Three Bedrooms and a Huge Amount of Space

This house is on a lot space with 434 metres squared in total. The covered floorspace itself makes up almost 300 squared metres of this total area, over two floors.

The property has three generously sized bedrooms, of which one is en suite, and two have balconies. There is also a good sized living room, dining room, entrance area, conservatory, garage, two complete bathrooms, and a large patio. In very good condition, in keeping with this upscale residential area of Buenos Aires.

Asking price of US$390,000.

Here are some more photos of the interior of the property:

Interested in this property?

For more details on this property or any others found on this site, feel free to contact me, Pericles James, using the following details:

Telephone 15 4092 7724
If calling from overseas 54 911 4092 7724
Or email peri_eco2000@yahoo.com.au

Great Real Estate Investment in Caballito, Buenos Aires

Here is a great option for foreign investors in the barrio of Caballito, Buenos Aires. It is a one bedroom apartment in the brand new Torres de Caballito (Caballito Towers) building, priced at a very reasonable US$85,795. More information on this fantastic new building:

The new TORRES DE CABALLITO is based in a large park area of 9,000 metres squared in one of the most tranquil blocks of the city. The complex has two main entrances, one for each tower, both with security.

The entrance halls are double the height of a normal room, with 5 high speed elevators to cover the 35 floors of the building very quickly.

All its apartments are designed to make the most of the space available, and have large windows that provide excellent natural light into all the rooms.

The building amenities include:

• “Sky meeting” room on the 34th floor of each tower
• Heated swimming pool with bar area
• Solarium
• Lighted tennis court and football pitch
• Parrilla (barbecue) area
• Gym and Spa with hydro massage and sauna
• Park garden and play area for children
• Laundry area

For more details on this property or any others found on this site, feel free to contact me, Pericles James, using the following details:

Telephone 15 4092 7724
If calling from overseas 54 911 4092 7724
Or email peri_eco2000@yahoo.com.au

The following properties in Buenos Aires are my premium picks chosen for these important reasons: A few of these properties have been sold recently . Please email me for more details at peri_eco2000@yahoo.com.au

• Location
• Beautiful buildings
• Excellent features
• Solid investments

For me, the only areas I believe offer the best premium investments in Buenos Aires are the blue-chip areas of Recoleta, Barrio Norte and Palermo. These high quality barrios feature most highly in my exclusive collection of premium property in Buenos Aires…

Spectacular Property in Palermo Hollywood - 349,000 dollars

***Additional fotos at http://www.flickr.com/search/?q=ravignani&w=34645468%40N00***

* Beautiful home built by a wealthy porteno family ~ 100 years ago
* High ceilings and hardwood floors throughout
* Lots of original (cedar) woodwork and carpentry
* Tall windows, with mostly exterior rooms
* Building on corner - very bright
* Faces north - lots of sunlight
* ~ 240 m2 of living space (~2600 square feet)
* ~ 150 m2 terrace (~ 1600 square feet) - unusual in Buenos Aires
* 5 bedrooms, office and maid’s quarters
* 3 1/2 bathrooms
* Electronic key access if desired
* Independent entryway with front door camera
* Heating and air conditioning throughout
* Unbeatable location in Palermo, walking distance to all the cafes and restaurants in Palermo Viejo (Palermo Hollywood and Palermo Soho) and walking distance to the outdoor cafes of Las Canitas
* In an area with many new upscale apartment and loft buildings going in
* And, only a couple blocks from the coming Palermo Centro “centro gastronomico” (restaurant, shopping and theater complex).
http://www.reporteinmobiliario.com/nuke/modules.php?name=News&file=article&sid=442
http://www.palermonline.com.ar/noticias002/nota168_palermo_centro.htm
http://www.clarin.com/diario/2005/10/31/laciudad/h-03415.htm
http://www.cafedelasciudades.com.ar/economia_35_2.htm

Presently used as an income generating property, but designed as a grand single family home.

Great price per square meter in Palermo Hollywood! 

Premium Property in Recoleta

• Four bedroom apartment on Callao in the barrio Recoleta. Magnificent old French-style apartment taking up a whole floor of a beautiful building designed and built by the architect Arturo Prins in the 1930s. There are 4 bathrooms, one toilet, an entrance hall, plus a living/dining room large enough to entertain 10 people. The total floor space is 260 metres squared, of which 220 metres squared is covered. Asking price of US$630,000. Photos:

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• Unique three bedroom apartment on Callao in the barrio Recoleta, metres from the lovely Parque Thays. Third floor apartment in impeccable condition. There are 3 bathrooms, one toilet, an L-shape living room, a dining room, a study which could be turned into a fourth bedroom, and a kitchen. Air conditioned in every room, double glazed windows, 24 hour security, and parking space. The total lot size is 202 metres squared. Asking price of US$460,000. Photos:

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Premium Property in Palermo

• Four bedroom apartment on Guise in the barrio Palermo, not far from the Alto Palermo center. Seventh floor duplex apartment in great condition, with two car parking spaces. There are 3 complete bathrooms, one toilet, a large reception area comprising the hall, living and dining room, a kitchen with its own dining area, and a front facing balcony. Air conditioned in every room. The total lot size is 210 metres squared. Asking price of US$350,000. Photos:

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Premium Property in Barrio Norte

• Three bedroom apartment on Avenida Coronel Diaz in Barrio Norte, metres from the high class Avenida del Libertador. First floor apartment in excellent condition, with two car parking spaces, and a lovely large terrace with a parrilla and stone pizza oven. The building also has a heated swimming pool. There are 3 complete bathrooms, one toilet, a living/dining room, a playroom which could be turned into a fourth bedroom, and a large kitchen with Italian Carrara marble. The total lot size is 320 metres squared, comprising 240 metres squared covered floor space, and 80 metres uncovered. Asking price of US$450,000. Photos:

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Premium Property in San Telmo

• Four detached Petit Hotel on Venezuela in the atmospheric barrio of San Telmo. This zone is fast becoming one of the most important tourism areas in the city. The building has three floors and a terrace, with central heating and newly installed water, gas and electricity. The ground floor is half below street level, with an entrance down to it. Part of the terrace has been converted into a salon for yoga. Great features such as wooden staircases, marble floors, and classic old french features. The total lot size is a massive 750 metres squared, of which 650 metres squared is covered floor space. Asking price of US$420,000. Photos:

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For more details on these properties or any others found on this site, feel free to contact me, Pericles James, using the following details:

Telephone 15 4092 7724
If calling from overseas 54 911 4092 7724
Or email peri_eco2000@yahoo.com.au

Antique ‘PH’ (takes up whole floor) property with three large rooms right in the heart of trendy Palermo Soho, on one of the most sought-after streets. High ceilings, excellent natural light, two bedrooms, one full bathroom, and one toilet. Has a total area of 75 metres squared. ASKING PRICE: US$95,000. See photos below…

If you are interested or need more information, please feel free to contact me, Pericles James, on…
Telephone 15 4092 7724
If calling from overseas 54 911 4092 7724
Or email me at:   peri_eco2000@yahoo.com.au

[Image: longhorndave]

Located near the corner of Cervino and Republic de la Siria and only a block and a half away from the Plaza Alemania, this wonderful apartment could not be more ideally located. This neighborhood is quiet, well lit, and known for its safe environment.

This delightful apartment is in one of the most sought after and extraordinary areas of Buenos Aires only blocks away from the Bosques de Palermo, or the Forests of Palermo. This park is home to many wonderful places such as the Rose Gardens (Rosedal) and the Planetario Galileo Galilei. Also within a few blocks is the Jardín Botánico Carlos Thays (the Botanical Garden) the Buenos Aires Zoo, the Jardín Japonés (Japanese Gardens) and some of the city’s best art museums.

Luxurious Interior Design

This apartment was cared for by the same owner for over twenty-five years and is ready to move into immediately.

The loving care and attention to details in this apartment are reminiscent of the Old World Charm of Europe. The living room has elegantly patterned hard wood flooring while the rest of the apartment is lavishly carpeted. There is a wonderful corner fireplace in the living room and there are even custom designed French Doors leading from that room to the rest of the apartment.

The master bedroom is large with a wallpapered accent wall and trim. There is an additional room that could serve as an additional bedroom, office or guest room. Both rooms have elegantly designed built in wall units providing storage from floor to ceiling.

The bathroom has a wonderful marble topped sink, elegant tiled walls, solid brass plumbing, and a full bath/shower. The kitchen is tastefully decorated with custom imported cabinets and beautiful tile work.

[Image: haydnseek]

Incredible Value

At only $190,000 USD, this apartment is a great investment in one of the best and most sought after neighborhoods in the city.

For more details on this property or any others found on this site, feel free to

contact me, Pericles James, using the following details:

Telephone 15 4092 7724
If calling from overseas 54 911 4092 7724
Or email peri_eco2000@yahoo.com.au

With its Old World European charm, Buenos Aires is one of those places that people just love. People continue to come here in increasing numbers every year and many return to invest in property. The city, known as the Queen of the Plata (River) and the Paris of the South, is well known as one of the best cities in the world in which to invest in real estate. In August of 2006 the Buenos Aires bureau of records recorded 5,583 deeds involved in real estate purchases worth a total of about 330.7 million US dollars. Argentina is one of the world’s fastest growing economies and Buenos Aires is one of the world’s fastest growing cities. “Perhaps the most tangible sign of Argentina’s economic recovery,” the Wall Street Journal reports “is its booming real estate market, which has transformed Buenos Aires, into a construction site.” Estimates peg Argentina’s economic growth at over 8% annually.

Rental yields are great in the city and you can expect to buy an apartment here and get 7 to 8% return. Also as the supply of available property continues to be an issue as tourism expands, all the signs are present that rental yields will continue to increase again. Some experts are predicting upwards to 10% to be realized soon. Currently 4 and 5 star hotels are experiencing annual occupancy rates of over 80% so apartments to rent to tourists are always going to be in demand in this city.

Reasons to Buy

First off, the northern hemisphere very closed and saturated in many sectors. Buenos Aires remains one of the most desirable and affordable cities to purchase real estate in with prices in even the most exclusive neighborhoods sitting at between one-fifth to one-tenth that of Europe and the United States. Current estimates also show that the international situation offers high liquidity and interest rates in Argentina are low. The country has been stabilized and economic forecasts call for growth rates in the future at nearly 10% a year. According to an Argentine real estate trade group, Camara Inmobiliaria Argentina, housing prices have increased 50% since 2002 and according to Credit Suisse in a report from a little over a year ago Argentina is undervalued at between 20-30%. Obviously the time is ripe for investment and development as economic considerations continue on a dramatic upswing.

Argentina currently presents a windfall of an opportunity, especially if you already own property here or are in the process of obtaining holdings. Local prices for your investment could rise an additional 20 to 30% from inflation alone until the peso catches up in value, which will increase your returns by at least that much or possibly even more. Additionally as property is in such high demand here you are not likely to have any problems selling at some point in the future if you so desire.

Second, as noted above properties rent for high amounts of money here. With an ever increasing demand for rental property not only by nationals, but also through the expansion of the tourism industry, expected returns will likely reach close to 10% in most areas in the next two or three years and could reach as high as 30% in some more exclusive parts of town.

In addition to apartments in the city, there is also a very attractive market for real estate in the suburbs. Of particular note are the northern suburb’s gated communities that currently are seeing annual returns of about 7% a year. Overall, houses in the northern suburbs rent very well, especially for long term rentals to the corporate expatriate market. There is an English-language school there, shops, restaurants, parks, and even a commuter train that goes to the city. Investment in these areas undoubtedly has great potential for long-term appreciation (long-term being more than the expected two or three years of apartments in the city).

Third, housing prices are continuing to go up. Prices in the city’s wealthier districts have shot up by as much as 25% in the last year. More important the real estate boom here is just that: a boom and not a bubble. Investment in real estate here is in cash so real estate prices are real. Mortgages and interest rates simply do not factor in when looking at the ever expanding real estate market here in Buenos Aires.

Fourth, capital gains opportunities are incredible here. A recent report by Report Inmobiliario notes that “investing in real estate in Buenos Aires continues to be a valid investment option”. That same report notes that it is worth remembering that there is no capital gains tax here if or when you decide to sell.

Finally, Buenos Aires is a developing city in a country of ever expanding economic development. With a reported Gross Domestic Product increase of about 8.6% in 2006, and an expected increase in tourism from about 4 million people this year to over 10 million by 2010 the country is booming. There are numerous projects in the works to rehabilitate many areas of the city as well. For instance there is a train track between Palermo Hollywood and Soho where there are several large storage units whose leases are currently expired. The government here is looking at rebuilding the area and are looking to construct a cultural center there, a mall, and movie theaters making investing in the area now a lucrative proposition.

The Time is Right

As one can see, reasons abound to purchase property here in Buenos Aires whether for your own use or as an investment. Prices of real estate here continue to remain a fraction of that in Europe and the United States, rental prices are on the rise, tourism and the economy are increasing, capital gains are virtually guaranteed, and most important the real estate boom is just that and not a bubble that is expected to crash in the northern hemisphere.

Most people thinking about buying Real Estate in Buenos Aires think of Recoleta, Palermo, Puerto Madero, and possibly San Telmo, when in fact there are much more attractive neighborhoods easily accessible to transport at 50% of the price of many of these more well-known areas.

People need to think ahead - the Palermo Soho of the future could be a relatively unknown hidden gem at present. Palermo Soho, while it is attractive, offers very few bargains these days, and demand far outweighs supply. I personally have discovered areas very close to “touristic”neighborhoods, which offer prices per square metre at least 30% cheaper.

Thinking long term

Property is a long term investment anywhere in the world - what Buenos Aires has in it’s favour is a booming tourism market that is projected to continue growing at breakneck rates over the coming years. Rental returns for properties are close to the highest in the world, giving the owner an excellent return on investment.

Successful long-term investors have always shared one quality - the ability to think outside of the box, by looking into the future property market possibilities and not being blinded by the current situation. Investing in real estate in Buenos Aires is no different - to get the best return you have to think, or in this case, look, outside of the box - and not just the same old areas of Recoleta, Palermo and the like.