Tuesday, 20 September 2011

Real Estate Investment in Buenos Aires: Buenos Aires, a 1 way trip ...

Real Estate Investment in Buenos Aires: Buenos Aires, a one way trip

The city?s charm increases the convenient exchange rate that sets Buenos Aires as an ideal city for international tourism and in addition, a mine for investment. The investment opportunities are multiple and the channels are open for independent developments: real estate, independent business, technology, importing, and many more.

An attractive road for foreign investors is within the real estate market. It?s a realistic option both for small investors and big economic groups. The first investment cost for a property is quite low and also the return is surprisingly high, in a nutshell and long term basis. The price of property and land is starting to increase in Buenos Aires due to the high demand for permanent housing and short-term rental. There is in fact a deficit of apartments, what also explains the springing of lots of new developments which are.

The acquisition of a property carries along a number of implicit business opportunities aside from its personal use as a private residence: remodeling and resale, traditional rental, temporary rental, among others.

Short-term rentals is one of the simplest and feasible directions for small investors and many especially for those not currently residing in Buenos Aires. Alojargentina, other than selling properties and providing counseling in real estate, offers a full ?Property Management? service. This consists in renting the property to tourists and firms following a short-term manner and in the property?s maintenance according to each customer?s particular needs.

Someone by using this service from abroad, for instance, can forget about taking care of the property since it can be left in the company?s hands. It?s a complete service that includes renting the apartment, the guest?s full assistance, bills and taxes payment, property maintenance and coordination associated with a required repairs. The proposal anticipates the property owner?s interest in being informed of the items is going on with his/her apartment which is why reports are sent regularly. Customers may choose between a full management or a temporary rent solely management.

Frequent visitors may have their property in Buenos Aires to enjoy during their trips and employ it as an extra income source through temporary rent. So, purchasing an apartment in Buenos Aires is an opportunity for a double investment: generating short and long term profit put into having a vacation home within an evermore alluring destination as Buenos Aires.

The apartments apt to be offered for temporary rent have different characteristics but there are specific mandatory requirements for example full equipment, basic amenities and demanded location. The preferred neighborhoods are Recoleta, Downtown and Palermo, but guests often request Las Caitas, Barrio Norte, Belgrano and Puerto Madero as well.

Real estate Sales area in Alojargentina focuses on this type of investment. The firm sells properties for private use but mostly assists on temporary rent investment opportunities. It holds extensive experience of handling sales for foreign citizens and therefore has the necessary know how in regards to processes, paperwork and requirements for non-resident buyers.

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Source: http://www.careartsandreligion.org/2011/09/18/real-estate-investment-in-buenos-aires-buenos-aires-a-1-way-trip/

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