Buying off-plan developments properties that are sold before they are completed—offers several potential benefits for investors and buyers.
Properties are often priced lower compared to completed properties and buyers can lock in a price before the market value increases, potentially offering significant capital gains by the time the property is completed.
Capital appreciation can be advantageous as the project progresses, where property values in the area may increase, leading to higher market values by the time the property is ready.
New construction developments typically meet the latest building codes and energy efficiency standards, which can lead to lower maintenance costs and improved comfort.
Longer-term payment plans may be offered in installments throughout the construction process, which can ease the financial burden. The final payment is usually due upon completion, allowing time to save for the last portion of the cost.
If buying as an investor, especially with off-plan properties in growing areas can provide a strong rental yield once completed.
Warranty and Guarantees often come with new builds, which provide buyers with peace of mind regarding any defects or issues that may arise in the early years of ownership.
Some regions offer tax incentives, rebates, or other financial benefits for new developments, especially those under certain conditions (e.g., energy-efficient homes).
Why Buy or Invest in New Real Estate Developments in Argentina.
Argentina offers relatively low property prices, especially when compared to other countries with similar characteristics. This affordability makes it an appealing market for foreign investors looking to get a foothold in Latin America.
Cities like Buenos Aires offer a cosmopolitan lifestyle with a vibrant cultural scene. Many international buyers are attracted to the quality of life and the European-influenced architecture. Argentina's unique mix of European and Latin American influences makes it an appealing destination for tourists and expatriates, creating a market for short-term rental properties.
Argentina is experiencing ongoing urbanization, particularly in larger cities. This trend tends to drive demand for real estate, especially for newer, more efficient developments that cater to an expanding urban population.
Argentina is a major tourist destination, particularly for visitors seeking adventure (Patagonia), culture (Buenos Aires), and wine (Mendoza). Investment in short-term rental properties can benefit from the tourism sector, which remains a robust part of the economy.
