Buenos Aires preview


Housing prices in Buenos Aires are increasingly expensive, but still compare favorably with those in big cities in the developed world. Nevertheless, a two-tier system results in higher prices for foreign visitors. The official rental lease is a 2-year contract that requires the signature of a garantia, someone who owns property in the city who agrees to cover the lease if you are unable to pay the rent. As a result, most newcomers to Buenos Aires will find it all but impossible to rent at "standard" Argentine prices without some deep connections, opting instead for the more common temporary lease.