The province of Santa Cruz is located in the southern part of Argentina. It is part of Patagonia and borders Chile to the west and south. The Tehuelches inhabited these lands before the arrivals of the Spanish colonization. Charles Darwin explored the area back in 1834 and the beginning of the 20th century saw a huge influx of European settlers trying to get away from the First World War. The climate is more on the cooler side with summer temperatures of 13 degrees and in winter anywhere from 3 to – 25 degrees. Mining of coal, gold, clay, gypsum and salt is predominant in the area as well as the hydrocarbon industry.
With several national parks that attract visitors from around the globe, the province is mainly geared towards tourism besides the industries mentioned above. Due to the proximity of the land to the Andes the rest of the country consists of mostly arid landscapes not suited to agriculture. Real estate development is less popular than in the north of the country, probably mostly due to the isolated areas of the province. This might just provide investors with a great opportunity to get in while investment properties are affordable.
