Beautiful Buenos Aires Argentina
This is a review of an article published in the Smithsonian Magazine on the rebirth of Buenos Aires. I can speak of this event first hand. My wife and I visited Buenos Aires for 1 day on our way home from Punta del Este in 1997. Buenos Aires has often been compared to Paris. At that time she looked like Paris on crack cocaine. The streets and sidewalks were obstacle courses. The stores were full of merchandise. The prices were ridiculous and nobody was buying anything.
I have been back to BA several times since then. Last September was the best. BA was totally gorgeous and active. It was more like a young Paris. According to the Smithsonian article http://www.smithsonianmag.com/travel/Hola-Buenos-Aires.html , BA has 3.2 million people and 10% of them are foreign. The article goes on to profile several of the immigrants. They seem to be mostly artist and entrepreneurs. One even opened a health food store. Old time visitors know that Argentines eat beef and drink yerba mate. That’s it. No longer. The grocery I visited there had foods from all over the world. They even had fresh vegetables. In Puerto Madera everything is either renovated or getting that way. They have some old sailing vessels in the canal that have been refurbished.
These ships had Arctic missions. They are hybrid sailing and power vessels. The detail work is excellent and the history lesson is quite interesting. These ships were used in Arctic rescue and exploration. There is a brief history of Buenos Aires in the Smithsonian article.
One of the main attractions mentioned in the article is the cost of living and relative standard of living. The peso is so cheap compared to the dollar or the euro; that people who have incomes from outside of Argentina often find themselves living the life of the wealthy for the price of the middle class. The real estate prices are comparable with that of any large world city. The other cost of living expenses are much less.
David Segrest, CIPS, CCIM, CEA, TRC
david at segrestrealty dotcom
http://www.segrestrealty.com
http://dointernationalrealestate.blogspot.com/
