If 2008 resembles 2007, then take a closer look at real estate in Argentina. Currently, the country’s economy is improving and democratic reforms have caused a surge in the real estate industry. Purchasing in Argentina has several plus sides: low expenditures on property, a low tax policy on real estate, a flourishing buy to let market and capital appreciation.
There are currently many property bargains in Argentina and combined with the current state of the US dollar, buyers are able to purchase more for their money than in their home country. European investors in particular are enjoying a great value for their money.
Although Argentina isn’t experiencing the lows it was in 2002, and prices are on the rise, 
there still plenty of opportunities for investment. Consider for example, the purchase of a 70 meter apartment in a touristy area such as Puerto Madero, Barrio Norte & Palmero Hollywood. An apartment of such size can be obtained and furnished for less than US $200,000, and with rental and capital gains incomes increasing annually, renting real estate is an attractive investment opportunity. And in scenic rural and adventure locals are selling land for as low as US $200 an acre, affording the opportunity to build and construct with an eye to the tourist market, or use the farmland to graze cattle or for other agricultural purposes.
Sure, Argentina has its downsides, but the overall market is favorable, even if you have to look a little harder to find that perfect piece of real estate than you did a few years ago.
Reynolds Propriedades can help guide you through the Real Estate Market in Argentina.
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