Buenos Aires enjoys property boom

Recycled, New York-style loft apartment. En-suite bedroom, plus spacious roof terrace. Located in the heart of one of the world's most exotic capital cities. Price tag? Roughly the same as a private parking space in central London.

It is little wonder that foreigners are flocking to Buenos Aires to snap up the city's property bargains. The most exclusive districts of the Argentine capital average between £1,000 and £1,600 per square metre.