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Patagonia Income Producing Property for sale
We have decided to sell our property in Llao Llao, Bariloche.
Three private homes all with world class views and a quick 2 hour flight from BA.
[url]http://patagoniainvestmentproperty.com/[/url]
The property is turn key and a great return on investment.
Gato and Schmoj are right on!
379k. IALOTFLMAO! Maybe 150-175k on a good day!
I have looked at fishing property in argentina and this ad is total fantasy. Give me a break. If you want to fish in patagonia I suggest you go to Montana. It's closer, the fishing is better on the Madison, there are more species of fish to catch, and it's just as beautiful. Well done boys for sniffing out a "fishing realestate Shill" on the board. LOL.
Happy Mongering All,
Toymann
Didn't mean to call it a fishing property
[QUOTE=PeterLong]Love seeing the banter, I would expect nothing less and surprised it took so long!
The property could easily gross over 40K per year, netting around 28K. That's a good return on the investment, plus the property will certainly appreciate due to it's stellar view and location.
Not sure why you would call this a fishing property, except that the lake is across the street.[/QUOTE]PL-Did not mean to insinuate that your property a 'fishing property' or slight it in any way. I was discussing vacation homes and fishing camps and how I rationalize the costs related to either.
As a guy, I have fairly simple thought processes and tend to view things in terms of 1) those things I like to do and 2) how I can pay for those things. As for concept 1, if I exclude activities that include chicas, I am left with skiing, fly fishing and hunting (if I leave out tracking down international scumbags and bringing them to justice. Jajaja) All three of these activities can be facilitated by owning a property nearby known locations for said activities. That said, real estate carrying costs can add up.
Just like other hobbies, when you are going out of pocket for something, you want the best bang for your buck. If I can't find a way to make work pay for my fun, I am more attentive to the numbers. Let's say that I can own my very own ski-in ski-out place at Deer Valley with a great rental history that will cover all but $10k per year. Sounds great but, I am paying $10k / year for lodging during 2-3 weeks per year.
For the same dough, I can do 3 weeks at the Stein Erickson Lodge. Better yet, I can do two weeks at the Stein going steep and deep and one week on Iliama Lake bagging massive rainbows, setting the hook on grayling on the apex of the dead drift and roasting char stream side.
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Imagine doing her doggie style with this view
This morning's sunrise from the Casa Principal.