The Sunday Times last week picked up on what a great buy land and property are in Argentina. It was because of this that last year I went to Argentina to look at some land on the Atlantic Coast and we bought it for resale with the possibilitiy of building beach properties on it right next to the best beaches in the country, with warm waters and whale watching in the winter.
The article can be viewed at
http://property.timesonline.co.uk/article/0,,14052-2541112,00.html
I would disagree on a couple of the points made, especially that about Argentinians going abroad for beach holidays. They used to and the really rich ones still do. However, the beach resort par excellence in Argenitina is Las Grutas in Rio Negro and that is where we have our land for sale. Plots are available from 12,000 Euros and you can build a 100m2 house for under 45,000 Euros allowing a good rental investment in the summer months and a decent amount in the winter when the whale watchers come in.
For more information, a full pack is available from graham@valencia-property.com. Institutional investors can pick up blocks of plots from us for development at discounted prices too.
Get in touch and get yourself a piece of the Tango action.
Saturday, January 20, 2007
Tuesday, January 09, 2007
We Have Been Very Busy
Sorry to those people regularly checking this page about the lack of updates but we have been rather busy. The Argentina project is now solid as we were waiting for the legal framework to be sorted for the plots. We can now therefore go ahead with the new contracts for those of you that have been waiting for confirmation of the conditions. The segregation of the land has now been approved and the marking out of the plots has started. The ring road is now approved and this means we lose 6 plots but we had this in mind from the start and it does not affect any of the plots we have previously sold.
Prices in the area for similar plots are now around the 16-17000 Euros mark but we are maintaining our price of 12-13500 Euros as we believe it to be a fair price for the land and it gives you the opportunity to make a killing on the valuation of the land, without taking into consideration the building you may or may not put on it, sooner.
For more detailed information get in touch with me on
graham@valencia-property.com
and I will send more info out.
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