Peter Thiel's $12 million Buenos Aires mansion purchase just reset Argentina's luxury real estate market

Peter Thiel has quietly planted a flag in one of South America's most exclusive neighborhoods, and the ripple effect is already being felt across Argentina's luxury property market. The billionaire investor, PayPal co-founder, Palantir chairman, and one of Silicon Valley's most influential political power players has reportedly purchased a historic mansion in Buenos Aires' ultra-elite Barrio Parque enclave for approximately $12 million, according to Forbes Argentina. Getty Images The acquisition instantly ranks among the most significant residential real estate deals the Argentine . . .