Thread: Argentine Real Estate
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08-07-14 21:21 #73
Posts: 2808Can't speak about brokers
Originally Posted by Tres3 [View Original Post]
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08-07-14 18:42 #72
Posts: 911Originally Posted by Ready [View Original Post]
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08-07-14 10:44 #71
Posts: 577Surely You Jest
Originally Posted by Ready [View Original Post]
Tres3.
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08-07-14 09:39 #70
Posts: 5Real Estate help
A friend of mine is just retired and he wants to purchase a Winery and / or Vineyard in Argentina or Uruguay. I was wondering if anybody had a tip has to a honest lawyer and broker in Argentina.
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12-01-13 21:31 #69
Posts: 20My opinion...
Hello guys,
I have been involved here in real-state world for foreigners as long as one of my clients has had several properties in the city. I'm here again to prepare things to sell the last of his apartments and I'm praying to forget this fucky city!
If you bought several years ago as investment and you rented the flats in dollars for sure you made a good business but golden age is over... You can buy here as investment or for living. Both options are wrong in my opinion but I can give you only objective reasons for the first one.
You have to pay a lot of taxes and if you are a foreigner your taxes are higher. This won't change, in my opinion. Of course if you rent a flat in dollars and pay your taxes in pesos it's fantastic but, hey dude, search some short-term rentals webpages and you will see hundreds of empty apartments everywhere. Dollars are not entering as always for real-state.
AFIP has increased controls a lot. Before nobody pays anything! It was a great party! But now you have to pay if you want to be able to sell in the future (don't worry, they will wait for you... Another important thing is that moving money in this country is difficult and sometimes can be really expensive (it depends on the market). Nowadays entering money is more expensive than send out. And of course you need to enter money to buy... Or not? The only good thing I'm going to say about this place is that you have always a back-door to do some extra money with weird systems but they are not stable or serious...
If you like this place of course you can buy... Why not? (maybe because you haven't visit other countries much better! But as investment for foreigners, nowadays, it's a shit... It doesn't depends on the current or future price of apartments. It's the whole system waiting to take off the money you earn! And foreigners in this country are the last. For them it's a good thing to give us a worse treatment. Someone told me this sentence I will remember all my life:
"Los argentinos son expertos en montar fiestas para que las paguen los demás".
And "los demás" are always the foreigners!
Good luck anyway!
Xavi.
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08-29-13 13:03 #68
Posts: 1Apartment price
Would like to know the lowest possible prices for single apt/condo. Thanks
Withington agent
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03-29-13 20:18 #67
Posts: 329Originally Posted by FrankAndStein [View Original Post]
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03-29-13 17:43 #66
Posts: 28You can buy when everything is great
And everybody thinks the future is rosy, and prices have nowhere to go but up. That's when demand is high and prices are rising.
Or you can buy when everyone thinks disaster is around the corner, and dollars are getting harder to get. Prices are falling and everyone is scared.
I know when I would prefer to buy.
Short term (1 to 2 years) things look pretty bad (although maybe better than anyplace in europe) but in 5 to 10 years this city will still be one of the best cities in the world for tourism, nightlife, etc.
As long as you don't mind waiting a few years, and taking some risk, returns will be very good, imo. A lot better than buying in a bubble market like those in Canada and Australia, where everything is 'safe' and booming.
And in the meantime you get to live in an inexpensive city or rent to tourists who pay in USD outside the country. Be careful about taxes though, and you better investigate what happens when you want to sell if you aren't a resident. Due diligence required, as always.
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03-29-13 12:55 #65
Posts: 911Originally Posted by Jackpot [View Original Post]
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03-29-13 09:32 #64
Posts: 488Originally Posted by Jackpot [View Original Post]
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03-29-13 03:47 #63
Posts: 193Time to Buy?
Do you think now is a time to buy?
Prices are down and may go lower. And I think the listed prices are soft by 10 - 15 %
Comments por favor.
Jackpot
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07-23-12 14:12 #62
Posts: 2470Originally Posted by SunSeeker [View Original Post]
He did say that at present, sales are about 15% below list price.
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07-23-12 09:26 #61
Posts: 488Latest thoughts on apts / condos prices in BA
I wold be very interested in reading peoples thought on the current prices for apts / condos in Buenos Aires. When I look at what is advertised online or in store windows the price seems to be more than a little expensive for what a person gets, especially when compared to what it would cost to rent the place instead of buying it. I usually at look at 1, 2, or 3 bedroom places.
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08-21-11 19:40 #60
Posts: 911Current building costs
I am just finishing a small 90 square meter house in the provincia. Building costs without labor was around U$D 400 a square meter without land. Nothing special but a well built house. Insulated glass, heat, air, well insulated. You could easily double or triple this figure with labor costs an if you are into marble etc.
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08-21-11 16:58 #59
Posts: 1064Spass-Now that TL's resto is gone, where do you go to relax when in the capital federal?
It was good to run into you and talk. Where would I find you these day at 23:00 having a drink or a coffee? Is Eric in New York? I missed him in June and now again in August.
By the way and off the topic, where do you go to meet pleasant young ladies with high sex drives?
BOB