Before buying property in Buenos Aires, you have to think twice. And after you meditated for hours and you came to an affirmative answer, think twice again.
This are a few things that you should know:
1. Realtor: Realtors in Buenos Aires are among the nastiest, filthiest creatures in the world, right next to the guys that kill baby seals by hitting them with a stick. I don´t like generalizations (that´s a lie, I love love love generalizations), but in this case, lets just say that an honest realtor is only the exception that confirms the rule. When they say "I give you my word" in realtor's language this means "I´m sooooo screwing this foreigner, hahahhhahhahaha". You must check absolutely everything the realtor says. Is he/she saying "the apartment is in Palermo"? Go to a map and check it. Is he/she saying "the roof is part of the property"? Check it with the notary. Is he/she saying "There is another person interested in the property"? Then you have the certainty that you are the only person interested.
This is how realtors look like in BA
2. The notary. The notary must be someone completely separate from the realtor. If the realtor says that he/she can recommend a notary, make sure that you won´t ever call that person in your entire life. It doesn´t matter if you trust the notary that the realtor is offering. You need your own notary. Get it? Otherwise they will team up and screw you (and make fun of you while they celebrate with the commission they got from you)
3.The neighbors. Neighbors are a pain in every part of the world, sure. But here, they can totally make your life miserable. Make sure that you read and understand the rules of your building before you buy the apartment, otherwise, you might end up cleaning your neighbor´s butt because it´s written in the rules.
Meet the neighbors
4. The administrator of the building. Every single one of them (administrators of the consortium) is a piece of sh.... Here there are no exceptions. Your roof has a leak? The entire apartment is flooded? The rats ate your pet? He/she won´t give a damn. You might think, "but he/she must solve my problem, I´m paying for that". Get real! For these people, that kind of argumentation is a joke. You might wonder, "What should I do them?" Cry. Or kill.
This is an administrator I know
If you still want to buy property, this is what you HAVE to do:
Call a porteño friend that has nothing to do with the operation. This means, someone who will not make any profit from it. This person can´t be related in any way with
A.The realtor
B. The notary
C. The administrator
D. The owner of the apartment
That friend will be in charge of finding out in advance in which way they can screw you and his/her job will be to prevent you from that. Believe me, they can screw you in ways that your not-porteño mind couldn´t even dream about.
So, you don´t have a friend? It doesn´t matter, I´m offering a new service. ANTI-Porteños advice. I´ll be the person who will make sure that those bastards won´t rip you off.
If you are reading this and you´ve already been screwed by this people, please share your story.
Best luck. You´ll need it