Hola de Australia!

BA Barrio Busquador

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Hello everyone!

I've been cruising the forum over the last couple of weeks and now would like to say hello and seek advice from anyone in the know.

My husband and I are considering spending some time in BsAs and are looking at apartments. He is Argentinian and I am in the process of getting perm res from Oz. I would like to know if anyone can tell me what % of the purchase price of a property you end up paying on top of the advertised price. Roughly is fine - just to get an idea. It seems that the buyer pays some of the commission, plus taxes, escribano, etc etc. Some idea of % would be helpful with pulling together ye olde budget.

Plus, is it normal to negotiate on price? I have read sellers often don't budge, but is it normal to at least put in an offer below the advertised price?

I've also been trying to google school fees for bilingual seconadry schools but haven't come up with anything current. Is anyone able to give me the range? I've got a horrible feeling the fees might be massivo!!!

I actually have a scrillion other questions but will ease into it.

Your advice is appreciated.

BABB
 
I don't know the fees, but it certainly not uncommon to make an offer on the apt. Some people will go for it. Others will dig in their heels and wait for the full price. It depends how motivated the seller is. Often they are not at all motivated.

School fees are around the $2000/mth mark.
 
BA Barrio Busquador said:
Hello everyone!


I've also been trying to google school fees for bilingual seconadry schools but haven't come up with anything current. Is anyone able to give me the range? I've got a horrible feeling the fees might be massivo!!!

BABB

Hello BABB welcome,

On the secondary school question here are some of the schools you are looking for, just hover your mouse pointer on the red dots to find out the name of the school and from there you can go to find the fees they are charging, etc., Good Luck!

fees bilingual secondary schools buenos aires
 
To answer your real estate question:

Buyer pays 3-4% commission to real estate office, plus 1-2% escribano's fee, plus about 1.25% (half ) the stamp tax.

It is less common here for sellers to deeply discount the asking price, but but offering 5% less is normal. Some sellers won't take less than the list price, even if the property has been on the market for a while (inflation a concern).

Be sure to ask about monthly "common/consorcio" expenses. They are constantly on th rise, and be aware of the bienes personales property tax of 1.25 percent which few agents mention and are different from the Buenos Aires ABL tax.
 
Thank you all for your replies! It's helpful to be able to factor in the extras when calculating property prices.

Question: We are looking at all options re: barrios, but are interested to know more about the barrios less mentioned, such as Boedo, Almagro, Villa Crespo, Caballito. Is it a fair assumption that further out = cheaper? What is safety like?

And with schools, we would be looking for an international school I guess as I daughter doesn't speak Spanish, but I would want her to be learning it at school and definitely socialising with Argentinian kids. If anyone has any names of schools to look at, that would be great (and if you know the $$, even better). We would not be interested in a school with a religious bias.

(I have been over the forum looking for answers to the above but haven't found anything quite specific enough re: the schools).

Thanks!
 
Start with:
Lincoln, BAICA, St Andrews and Northlands
. Lincoln and BAICA give the SATS just incase college is in the future.
 
St. Andrews is very hard to get into - the others are easier. St. Johns is another good bilingual school. Those are all top-tier school and among the most expensive in Buenos Aires. There are countless other English schools, somewhat cheaper and far less exclusive but still adequate.

Most English bilingual schools are located north of downtown in Capital, and in the Northern suburbs, not so much in the neighborhoods you mentioned: Boedo, Almagro, Villa Crespo, Caballito.

Florida, San Fernando and Tigre are good suburbs, with reasonable prices and many English schools nearby. They are all equally safe/unsafe.
 
Target 5 appartments you like and offer 30% less then the asking price and tell them to not bother if they are not willing to go for your price
 
qwerty said:
Target 5 appartments you like and offer 30% less then the asking price and tell them to not bother if they are not willing to go for your price

I'd do this in the US, but here it will be a waste of time.

Do the math and calculate the square meter price in order to make reasonable comparisons.

A year ago I paid less that $1000 per meter for a PH (old but nice) in Belgrano (Cabildo and Congreso) while a friend of mine paid over $2000 per meter in Palermo (Thames and Charcas).

I suggest you contact Pericles through this forum. He works with ReMax and he finds great values! He can help you buy any property listed with any ReMax office.

Properties close to Linea D of the subway (in Belgrano and Palermo) will always be popular with locals and foreigners and be easier to sell when you are ready to leave.
 
steveinbsas said:
I'd do this in the US, but here it will be a waste of time.

Do the math and calculate the square meter price in order to make reasonable comparisons.

A year ago I paid less that $1000 per meter for a PH (old but nice) in Belgrano (Cabildo and Congreso) while a friend of mine paid over $2000 per meter in Palermo (Thames and Charcas).

I suggest you contact Pericles through this forum. He works with ReMax and he finds great values! He can help you buy any property listed with any ReMax office.

Properties close to Linea D of the subway (in Belgrano and Palermo) will always be popular with locals and foreigners and be easier to sell when you are ready to leave.


It can never be a waste of time.

I would also suggest you look up the difference between price per m2 paid and asking price per m2
 
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