Current Listings: 374
Average List Price: 350,737

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.

Acas.-El Cano/Rio

Acas.-Libert./Solis

Acassuso

Albanueva

Almagro Norte

Barrancas del Lago

Barrio Norte

Beccar

Beccar-Vias/Libert.

Belgrano

Belgrano Barrancas

Benavidez

Boat Center

Boating Club

Botanico

Boulogne

Cabos del Lago

Centro

Chacras Open Door

Colegiales

Congreso

Cordoba Capital

Cumelen

El Atardecer

El Encuentro

El Golf

El Hoyo

El Palmar

El Portal

El Reflejo

Escobar

Florida

Florida Mitre/Este

General Pacheco

Greenlands

Haras de Alvear

Islas del Canal

Junin De Los Andes

L.Ñanduces

La Alameda

La Argentina

La Cumbre

La Cumbrecita

La Escondida

La Isla

La Lucila

La Lucila-Libert./Rio

La Rotonda

Lagos del Golf

Las Caletas

Las Glorietas

Las Lomas de San Isidro

Las Lomas-Golf

Las Lomas-Horqueta

Las Lomas-Jockey

Las Lomas-La Merced

Las Lomas-San Isidro

Las Lomas-Santa Rita

Las Tipas

Los Castaños

Los Castores

Los Lagos

Los Robles

Malvinas Argentinas

Mar Del Plata

Mart.-Santa Fe/Fleming

Mart.-Vias/Libert.

Mart.-Vias/Santa Fe

Martinez

Microcentro

Monte

Moreno

Newman Club

Nordelta

Nordelta Paseo de la Bahia

North Coral Plaza

Olivos

Olivos-Vias/Rio

Ongamira

Otro

Palermo

Palermo Chico

Palermo Hollywood

Palermo Soho

Paseo de la Bahia - Studios II

Pilar

Puente Batalla

Puerta Norte

Puerto Madero

Punta Chica

QBAY YACHT

Recoleta

Retiro

Rincon Del Arca

Rivera

S.Isi.-Centro

S.Isi.-Vias/Libert.

S.Isi.-Vias/Rolon

S.Isidro Alto

San Benito

San Fernando

San Gabriel

San Isidro

San Isidro Chico

San Isidro Labrador

San Javier

San Joaquin

San Juan

San Martin De Los Andes

San Miguel Del Monte

San Nicolas

San Rafael

San Sebastian

San Telmo

Santa Barbara

Santa Maria De Tigre

Talar de Florida

Talar Del Lago

Talar Del Lago II

Tandil

Terrazas de la Bahia II

Tigre

Tigre Residencial

V.Lopez-Vias/Maipu

V.Lopez-Vias/Rio

Vicente López

Victoria

Villa Atuel

Villa Carlos Paz

Villa Crespo

Villa La Angostura

Villa Urquiza

Reynolds Propiedades & Relocation

Serving 22 areas In Argentina

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