Description:
Diaz Residences is a brand new luxury development in the very trendy and upmarket district of Recoleta in Argentina’s capital Buenos Aires.
With only 32 apartments and a 12 month letting season, an expected rental yield after costs is approx 10% - 12%.
This type of development is suitable for investors - looking for excellent capital growth and excellent rental yield.
Recoleta is one of the most luxurious barrios in Buenos Aires, and there are many tourist attractions and parks in the area.
Although there are still no mortgages or financing for foreigners in Argentina, this is compensated by keeping the rental yields very high.
Investor Features
- Only 32 apartments - from US$93,804
- From only US$2,550/sqm
- Luxury 36.83sqm studios from US$93,804
- Luxury 45.73sqm and 54.61sqm 1 beds from US$119,694
- Stage Payments - 30% Deposit, 40% during construction, 30% on completion
- Suitable for Long Term or Short Term Let
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