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Reasons
for investments
Why
buying a property in Argentina?
During
many years, the Argentine currency, the peso, was pegged to
the US dollar at a strict parity relationship: 1=1.
This measure was probable convenient at the beginning, but
with time, our economy turned little competitive with respect
to the other countries and it became weaker and weaker. Serious
problems began to appear. Unemployment started to grow in
an alarming way.
Therefore, a great crisis took place, together with a strong
devaluation. The US dollar relationship reached a peak of
almost 1 dollar = 4 pesos, and then remained stable at 1 dollar
= 3 pesos.
After really chaotic times, the situation started to improve.
The exchange rate remained stable….
.... and then Argentina began to recover itself.
The
new exchange rate benefited exports and tourism; in fact,
the latter turned out to be one of the most important revenues
in the country during the last year.
This
fact is not difficult to understand: Argentina is
the eighth country in the world concerning size, and has a
great diversity of landscapes and climates. The variety of
flora and fauna is really amazing.
Furthermore,
Argentina has traditionally been a country open to foreigners.
In fact, it was made up by European immigration.
Nowadays, foreigners are still welcomed. Any citizen of the
world who wants to live in our country can do it, and can
acquire the citizenship if he desires so.
In
Argentina there are no racial or religious problems
Argentina is made up of Spanish, Italian, English, Irish,
French and German descent, among others, and people belong
to different religions: Catholics, Protestants, Jews, Muslims
… have learnt to live together in peace.
Unfortunately,
wars exist, but luckily for us, Argentina is very far and
wars do not get here.
Argentina
is a peaceful country which has sheltered thousands
of human beings who escaped from the war or its consequences.
Our
capital city, Buenos Aires, is indeed a very beautiful
city. It is within the ten largest cities in the
world. It has a great cultural activity.
With over one hundred museums, and countless theaters and
cinemas you will always find something to do.
For those people who like to go out in the evenings, nightlife
here is fascinating. There are lots of very pleasant places
to have fun and enjoy yourself, whatever your personal tastes
may be.
Buenos Aires has a privileged weather. The
four seasons are well-defined, thus the passing of time turns
less monotonous, enabling us to enjoy nature in its different
periods.
Winter
is short and temperatures are not severe. The cold weather
will never prevent you from making activities outdoors. From
September to April, the weather is really glorious. The blue
sky and our green parks will surprise you. The sun is in our
flag.
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For
Argentine people, friendship and sports are their
passions.
Do you like sports? Welcome to Argentina. Start to practice
them with us or enjoy watching them as a spectator.
Argentina is among the best countries in the world in football,
rugby, basketball, tennis, voleyball, field hockey... In polo
we are really unbeatable.
But if you prefer skiing, we have the best ski slopes in the
Southern hemisphere.
Or you may prefer to go fishing for trout in the Patagonia.....
If you like nature and ecology, enjoy some
of our 34 national parks.
The most visited one is the Iguazú National Park, where
the most beautiful and majestic falls in the world are located.
In our pampas you will get to know the gaucho’s spirit.
In the Patagonia you will be marveled by the beauty of its
woods, lakes and mountains. Or by the immensity of its steppes
and the diversity of the marine fauna. Everything is in an
almost virgin condition, even outside the specially protected
areas.
If
you are interested in good wines, we invite you to
visit the provinces located in the west, where you will also
find amazing landscapes, you will be able to go around our
wine cellars and taste our best wines, among which the Argentine
malbec is already famous worldwide.
If
your passion is tango or if you want to learn
Spanish, take the advantage to do it in a very pleasant
environment and at a very good price, while you enjoy your
stay.
As you can see, it is impossible to appreciate and enjoy all
these activities in a short trip.
When you visit our city and our country, you will feel like
staying longer or coming back very often..
Therefore, we suggest buying a property so that you can enjoy
it when you come back to Buenos Aires, and if you decide to
do so mainly as an investment, you will be able to do good
business by renting it.
After
the currency devaluation, Argentina has turned into a
very economical country for any citizen coming either
from America or Europe.
In Buenos Aires you can live very comfortably, with u$s 1,500
monthly.
As an example we can mention that a dinner for two people
in a very good restaurant may cost you no more than U$S 35.
In
a few words, after the great devaluation, prices are very
low in an extremely attractive country.
It is clear that this reality will not last forever;
therefore, we think this is the most suitable time to buy
a property here.
Search
for real property:
I) Services to be provided:
1.
The interested party will receive a real property report containing
the following information:
1.1.
Brief introduction:
-
Description of the main neighborhoods of the city of Buenos
Aires.
- List and location of the main shopping centers.
- List and location of the main cultural, gastronomic etc.
centers, etc.
- List and location of the main schools and universities.
- List and routes of the main means of transport.
- List and location of the main airports and ports.
1.2.
Values in u$s / m2 and u$s / Sq Ft in the different neighborhoods
of the city of Buenos Aires.
-
Residential apartments
- Residential houses
- Offices.
2.
Upon reception of our real property report, the interested
party is requested to give a brief description (at least approximate)
of what he is looking for.
For example:
-
A special location, neighborhood, etc.
- Central, commercial, residential, mixed or nearby area,
etc...
- Apartment or house.
- Approximate surface.
- Age of the premises:
-
Old : 50 years old or more.
- Normal : between 5 and 50 years old.
- New : 5 years old or more
- To be used for the first time: with no previous use.
-
External or Internal.
3.
Based upon this brief description we will start a specialized
search.
4.
We will select from all the properties surveyed those we consider
suitable taking into account your own requirements.
5.
We will make comparative tables of all the surveyed properties.
These will include:
-
Location: Neighborhood and Avenues or streets.
- Description of the environment.
- Features of the property, such as:
-
Description of the building
- Age.
- Condition.
- Entrance.
- Number of total units.
- Number of units per floor.
-
Description of the apartment:
-
Surface (Sq Ft)
- Number of rooms
- Measures of rooms.
- Plan (if it can be obtained).
- Existence of individual garage.
- Existence of cellar.
- Existence of balcony
- Main entrance / Main and service entrance.
- Common or private hall.
- Facilities. Central / Individual.
6.
From all the apartments selected you will be delivered a detailed
list of the expenses you will incur for their maintenance,
such as:
-
Real estate tax
- Current expenses
- Services : water, light, gas, fixed telephone, internet.
7.
From all the apartments selected by us you will receive digital
photos, where you will find details of the building surroundings,
its entrance, each and every room, the view from the balcony,
if any.
II)
Optional services (not included in our fees):
- Legal advice on the real property
title.
- Somebody to accompany you to the
execution of the deed.
- In the event the new owner wants
to make any reform to the property we have a specialized
team trained for that.
- Management of the property:
In the event you want to acquire the property and enjoy
it for a couple of weeks a year or for a month a year, we
will offer you the possibility to rent it.
Therefore, you will not only recover your expenses, but
you will also obtain a reasonable income.
III)
Price of our service:
-
For those properties the value of which is lower than u$s
50.000 a 3% commission on the final purchase value of the
property will be charged.
-For those properties the value of which is u$s 50.000 a
2% commission on the final purchase value of the property
will be charged.
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