Current Listings: 361
Average List Price: 472,150

Currency: Argentine peso
Population: 37,032,000
Capital: Buenos Aires

Argentina

Real Estate Practices in Argentina

Overview of Argentina

Because of devaluation in the economy in the past several years, there are major values available from Buenos Aires to Patagonia.  There is room for capital gains and good rental return within a stable currency environment.

Information is maintained by the Office of Real Property Records which is run by a state agency.  Ownership of real property by foreigners is allowed without restrictions, except any Argentinean land which borders a foreign country.  In this last case, a security zone check is done and the process requires some additional paperwork but in most cases there is no problem to complete the check.

Real Estate Practices in Argentina

Commissions are split between buyer and seller and range from 3-4% for the buyer plus VAT of 21% on same and sellers pay 2-3% plus VAT of 21% on same. Other fees include a notary fee of 1-2% of the closing value which is shared by both parties and a stamp tax of 2.2 -2.5% depending on the location.

There are several multiple listing services, but they are privately owned and very loose in terms of rules.  Properties are mostly sold via advertising in local newspapers, signs and individual agency web sites. Agents are required to be licensed but assistants are not, which creates large real estate firms with likely only one registered agent and several assistants acting together to close transactions. The assigned agent or an assistant will take buyers to view properties. Mortgages are trickling into the market for foreign buyers and are mostly with terms up to 10 years with rates currently in the area of 11-14% annually.

It takes 30-90 days for properties held by Argentines or foreign residents to go to settlement but 90-180 days to close if the property is held by non-resident individuals or foreign corporations.  The contract document is notarized and serves as the public document which is registered with the Office of Real Property Records within 15 days of signatures by all parties.

25 De Mayo

Acas.-B.Parque Aguirre

Acas.-Libert./Solis

Acas.-Vias/Libert.

Acassuso

Almagro

Almagro Norte

Arelauquen

Ayres Chico

Bahia Del Sol

Barrio Vicente López

Beccar

Beccar-Vias/Rolon

Belgrano

Belgrano Barrancas

Benavidez

Boating Club

Cabos del Lago

Camino Real

Carilo

Carmensa

Centro

Ciudad Autónoma de Buenos Aires

Cordoba Capital

Countries/B.Cerrado

Cuadro Benegas

Cumelen

El Golf

El Hoyo

El Portal

El Tropezon

El Yacht Nordelta

Escobar

Florida

General Pacheco

Guamini

Guaminí

Ingeniero Maschwitz

Islas del Canal

Jardines De San Isidro

Junin De Los Andes

L.De Nuñez

La Argentina

La Cumbre

La Isla

La Lucila

La Lucila-Libert./Rio

La Lucila-Vias/Libert.

La Posta

Lagos del Golf

Las Caletas

Las Lomas de San Isidro

Las Lomas-Golf

Las Lomas-Horqueta

Las Lomas-Jockey

Las Lomas-San Isidro

Las Lomas-Santa Rita

Las Paredes

Las Praderas De Lujan

Liniers

Lomas de San Isidro

Los Castores

Los Lagos

Malvinas Argentinas

Mar De Las Pampas

Mar Del Plata

Mart.-Libert./Rio

Mart.-Santa Fe/Fleming

Mart.-Vias/Libert.

Mart.-Vias/Santa Fe

Martinez

Microcentro

Monserrat

Monte

Nordelta

North Coral Plaza

Olivos

Olivos-Maipu/Uzal

Olivos-Vias/Maipu

Olivos-Vias/Rio

Ongamira

Otro

Palermo

Palermo Chico

Palermo Hollywood

Palermo Nuevo

Palermo Soho

Paseo de la Bahia - Studios II

Pilar

Puente Batalla

Puerto Madero

Punta Chica

Punta Iglesia

Qbay Rio

Rama Caida

Recoleta

Retiro

S.Isi.-Centro

S.Isi.-Vias/Rolon

Saavedra

San Francisco

San Gabriel

San Isidro

San Isidro Central

San Javier

San Martin De Los Andes

San Miguel Del Monte

San Nicolas

San Pedro

San Rafael

Santa Barbara

Santa Catalina

Talar Del Lago

Tandil

Tigre

Tilcara

Tres Horquetas

V.Lopez-Vias/Maipu

V.Lopez-Vias/Rio

Vicente Lopez

Vicente López

Victoria

Villa Atuel

Villa Carlos Paz

Villa Crespo

Villa Urquiza

Villanueva

Yerba Buena

Zerena

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Serving 22 areas In Argentina

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