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Investor attention has recently been focussed on Latin America. Rapid economic growth a... [ SOLD ]

 Region: Buenos Aires

 Price: EUR € 37 711

 Bedrooms: 1

 Property Type: Apartment

 Development State:

 
Description:
Investor attention has recently been focussed on Latin America. Rapid economic growth and increased stability has brought fresh prosperity to the region. As property there is predominantly bought in cash, the region has also been sheltered from the global credit crunch, leading MoneyWeek.com to comment that: "Easy credit and excessive leverage do not make up the foundations of the Argentine real estate boom. In other words, it’s almost bubble proof." Our new investment opportunity comes from one of Argentina’s most reputable developers, KAS. Located in the first band of residential districts outside of Buenos Aires’ city centre, Torres Caballito Nuevo is a high-spec apartment project in the popular Caballito neighbourhood. We have been able to secure 39 units in the Caballito Nuevo development at a 23 % discount to market value. Caballito is close to the hip Recoleta and Palermo areas, meaning rental demand in the district is high, as residents of Buenos Aires, known as porteños, as

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