Argentina Real Estate

Wednesday, July 26, 2006

The eager for Real Estate investments on South America

Argentina has became something more than a tourism post. Its main city Buenos Aires claims to be one of the biggest ones of America, and has born from the shades of a community that has been fed up with travelers from all over the world. Old buildings over wide and wooded streets look like postcards from its related from Europe, built up from the memory of European voyagers who found in this corner of the Earth the land of the opportunities wanted. Yet, minutes away from those classical roofs, just like new times emissaries, dazzling crystal buildings rise up in contrast to the sky, along a riverbank who whispers names such as Starck, Hok Sustainable, Pelli and others.

The city invites its walkers with all the commodities of a main northern one. The stunning markets and shoppings full of leather and other luxury gods, the magnificent parks and gardens of "La Recoleta" along the tenths of squares of the "Little Paris", the colorful landscape of La Boca and the culture mixing of the old San Telmo are just some of the most popular districts for visitors. But what may result more interesting for voyagers is the access to a known lifestyle, with all the luxury and commodities of European taste, yet with costs impossible to imagine due to the favorable Peso/Euros exchange. Another decisive factor is the security attractive to complete those high life standards. Buenos Aires, by being miles away from wars and terrorist threaten preserves itself as a safe and quiet place to be, beyond other Latin American places.

It's because of that matter why the city is also looked for those who find in Argentina an ideal place to invest. The last Real Estate statistics contemplate a rising tendency in foreign investments, as much in the traditional neighborhoods as in the most modern ones. Just as an example, thanks to the good exchange rates an outsider can buy a condo in San Telmo at $ 895 dollars the sqm, while it costs $ 7000 in Paris or $ 5400 in Barcelona.

Neighborhoods such as Puerto Madero, the old docks area who takes the architectural avant-garde of the South Cone in a project similar to the London Docks' one, the French sidewalks plenty of gardens of La Recoleta, or the modern Palermo who because of its different proposals has been named the Soho, the Hollywood, the Old and Las CaƱitas, find themselves between the favorite ones for those who consider Real Estate in Argentina as a trusty and profitable business. In fact, market trendy nowadays find regular travelers who have bought their properties for temporal stays in the region, giving them in temporal rental to other tourist for what is left of the year. This way they get euros or dollars incomes high above the traditional rent profits in their home cities.

A rebuilt economic scene thanks to the new exchange situation provides new guarantees for financial operations in the country. The Real Estate market who claims to be one of the only ones who had rises through the last crisis years ago, finds itself favored thanks to a legal framework that supports without restrictions the achievement of properties in Argentina, no matter the origin or intentions of the costumer. This is shown in a market globalization that approaches to 25% in neighborhoods as Puerto Madero.

Ever since these facts, Real Estate agencies born in the last decade are dedicated exclusively to outsiders. This kind of enterprises have specialized on this target and have developed new marketing politics, aware of the new information, advice and legal support needs; considering the costumers use to connect during most time of the process with emails or by phone. Between the range of the most complete agencies there are those who even offer administration services, decoration and renewing, adding more choices for the new residents who aren't experienced yet in the Buenos Aires scene.

Right on from this opening, Buenos Aires grows as a cosmopolitan city following the steps of its American neighbors such as a Miami or Costa del Sol. Beside the eager for tourism posts in South America, this south capital holds once more a space in its streets for those travelers who feel they've found their personal place across the ocean.

When someone is interested in the chance to buy a property in Buenos Aires, the best to do is get some info of the different options and contact a qualified agent. It's always recommended the guarantee of hiring professional services instead of particular deals, and for that need there're several web sites online.

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