Now that I am living in Argentina (after leaving London a year ago), there are definitely some bargains here. I live 250 miles south of Buenos Aires on the Atlantic ocean and properties are still really good value. You can pick-up a studio apartment in the centre of town for as little as US$25,000 and a luxury 5 bed/5 baths detached house with swimming pool and maid quarters in the best area for US$300,000.