Recent content by CraigM

Recoleta was my favorite too and for the same reasons, especially the architecture. We stayed in Palermo Soho which is a wonderful neighborhood with lots of amenities but lacks the charm. If you like walking, Palermo Chico is right next to the huge network of parks with miles of walking...

That's remarkable, good for your father. Our plan is to keep the units but who knows what the future brings. We did everything through BuySellBA so our fate is tied with them!

Spring or Summer 2024. As I understood it, the earlier you buy into a project the better deal you get. So some of the appreciation we've experienced is due to that rather than the market going up. I'm sure the first buyers got a hell of a deal.

BuySellBA could give you a closer estimate but roughly speaking $3000/m2, closer to $3400/m2 when you include all the taxes and fees. Not sure what they're charging today but the last price sheet I saw was 15 or 20% higher for units on lower floors.

Oh man that is rough Mike! Blowing that kind of money would bring the average man to tears, me included.

Very true Mike. A friend of mine from London said he's only seen two kinds of home prices there "high and higher".

I'm not sure if they're moving in Rome, I just poked around a bit while there and sometimes looked up a place we passed by if the building looked nice. We did buy in a pozo through BuySellBA. Prices keep going up but I haven't asked how sales are going. It won't be completed until late 2027...

Just the pass. You can get multi-day passes online with pretty significant discounts, which most people do. By far the best deal is a season's pass but you have to ski at least 5 or 6 days a year to make it worthwhile, and the vast majority of visitors only ski 3-5 days a year on holiday (the...

There's no middle class in Rome either, and before Italy joined the EU there were constant crises and governments replaced every other year. I remember going to an ATM in Milan right before the Euro was introduced and the minimum I could take out was 40,000 Lira which was maybe $25 at the time.

For the Rome equivalent of Palermo, nice units (not new) that I saw were $25,000 to $50,000 per m2. Unlike BA you don't see much new construction in Rome, so you have to compare to existing units. We passed by one really nice place that was asking almost $60 million (50 million Euros).

I was just in Rome which has a lot of parallels with BA. Italy is essentially a tale of two cities where the north is industrious and prosperous and the south is not. From Rome on down there is just very little to do outside of government and tourism; nothing works like it should and...

That article was over a year ago

That is a great read! They took a lot of liberties assembling that list but such is media nowadays.

Agreed Johnny, we will have to hit the slopes there together. The Marte lift at Las Lenas is also on my bucket list, have heard about it since I was a kid. Skiing in the US has gotten absurd. Most big resorts charge $300 for a day pass now and food prices are ridiculous.

That's the thing - property is dirt cheap for such a big city and rents are even cheaper. If you had $1 million in savings and wanted to move your family to a big city that was safe and purchase a 3br apartment, almost anywhere else you would have to put the whole $1 million down and take out a...