Argentina Property Investment For Sale
"A spectacular country with a strong economy and real estate potential"
With its rich natural resources, highly educated population and a thriving export based agricultural sector, Argentina is now in a strong economic position although throughout the 20th century it lurched from one financial crisis to another resulting in numerous government changes.
Argentina has a high standard of living that makes it both an attractive place to live and visit, with a growing tourism trade, a fantastic outdoor lifestyle, a varied cultural history and a low cost of living.
As the eighth largest country in the world Argentina offers an incredible range of diverse climates, landscapes and experiences for the visitor - from jungle exploration to high altitude skiing.
The capital Buenos Aires is one of the cheapest developed cities in the world with an enchanting mix of European heritage and South American passion that is embodied in the national dance, the tango. Buenos Aires also offers good investment opportunities with a reliable year round rental demand and good rental yields.
The property market in Argentina is an interesting one as there are virtually no mortgages available and therefore most housing transactions have traditionally taken place in cash using US dollars. However since Oct 2011 the government restricted the acquisition of US dollars and strict controls have been imposed on any foreign exchange purchase. As a result there has been a dramatic decline in real estate activity.
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