Current Listings: 371
Average List Price: 427,228

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.-Libert./Solis

Acassuso

Albanueva

Almagro

Almagro Norte

Ayres Chico

Barrancas del Lago

Beccar

Beccar-Libert./Rio

Beccar-Vias/Libert.

Beccar-Vias/Rolon

Belgrano

Belgrano Barrancas

Benavidez

Boating Club

Cabos del Lago

Carilo

Carmensa

Centro

Ciudad Autónoma de Buenos Aires

Congreso

Cordoba Capital

Countries/B.Cerrado

Cuadro Benegas

El Atardecer

El Golf

El Hoyo

El Palmar

El Portal

El Yacht Nordelta

Escobar

Flores

Florida

General Pacheco

Greenlands

Ingeniero Maschwitz

Islas del Canal

Junin De Los Andes

L.De Nuñez

La Argentina

La Cumbre

La Cumbrecita

La Isla

La Lucila

La Lucila-Libert./Rio

La Lucila-Vias/Libert.

La Posta

La Rotonda

Lagos del Golf

Laguna Del Monte

Las Caletas

Las Cañitas

Las Lomas de San Isidro

Las Lomas-Beccar

Las Lomas-Golf

Las Lomas-Horqueta

Las Lomas-Jockey

Las Lomas-San Isidro

Las Lomas-Santa Rita

Las Paredes

Las Victorias

Lomas de San Isidro

Los Castores

Los Lagos

Malvinas Argentinas

Mar Del Plata

Mart.-Libert./Rio

Mart.-Santa Fe/Fleming

Mart.-Vias/Libert.

Mart.-Vias/Santa Fe

Martinez

Microcentro

Monserrat

Monte

Nautico Escobar

Nordelta

North Coral Plaza

Olivos

Olivos-Maipu/Uzal

Olivos-Vias/Maipu

Ongamira

Otro

Palermo

Palermo Chico

Palermo Nuevo

Paseo de la Bahia - Studios II

Pilar

Puente Batalla

Puerto Madero

Punta Chica

Punta Iglesia

QBAY YACHT

Recoleta

Retiro

S.Isi.-Centro

S.Isi.-Libert./Lasalle

S.Isi.-Vias/Rolon

San Francisco

San Gabriel

San Isidro

San Isidro Central

San Javier

San Jorge Village

San Juan

San Martin De Los Andes

San Matias

San Miguel Del Monte

San Nicolas

San Rafael

San Rafel

San Sebastian

Santa Barbara

Santa Catalina

Santa Maria De Tigre

Talar de Florida

Talar Del Lago

Tandil

Tigre

Tilcara

V.Lopez-Vias/Maipu

Vicente López

Victoria

Villa Atuel

Villa Carlos Paz

Villa Crespo

Villa La Angostura

Villa Urquiza

Villanueva

Yerba Buena

Reynolds Propiedades & Relocation

Serving 22 areas In Argentina

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