Bajo_cero2
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Now the market sucks. The apartment where I live cost 175 K. The one in the upper floor is for sale and they ask 300 K. So, even a 20% off is too expensive.
Now the market sucks. The apartment where I live cost 175 K. The one in the upper floor is for sale and they ask 300 K. So, even a 20% off is too expensive.
No, the time is not there yet. The crisis has to go further to make sense to buy. Still over priced.Perry wrote: I personally would not buy property now in Buenos Aires unless a great deal is presented to you.
Don't you think that an owner who is eager to sell now during the economic crisis would accept any reasonable offer to get their hands on dollars? There are less than desirable properties on the market for a long time that owners would probably sell to anyone who shows up with dollars. Why would a buyer have to wait for a great deal when one can make an offer that a seller can't refuse? If there is an abundance of apts for sale, then it's a buyer's market. It sounds like a good time to buy in BA.
NeverOn another note, when is a good time to buy a car.
A high end one ?
The building expense is ridiculous in Buenos Aires. About 3x of Paris, 4,5x of Athens Greece, 4x of Beijing.The same, they are too expensive to maintain.
Never
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