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Hot Property- Limited Availability

Alto Grande del Arte, San Nicolás

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Property Investment in Alto Grande del Arte, San Nicolás, Buenos Aires

 Alto Grande del Arte, San Nicolás 1

We have an established office in Buenos Aires’ financial district. We are therefore able to offer our clients the latest investment opportunities and offer the complete buying service.

Pre-sale of studio apartments from US$55,923

This is an excellent opportunity to invest in an apartment in the centre of Buenos Aires. There is a five year guaranteed rental of 10% per annum, but for the investor that wants to take advantage of the rising capital appreciation they can sell their apartment prior to completion. Our office in Buenos Aires will oversee the investment plus manage the rental and maintenance of the apartment.

Development Location

Situated in the historic core of the city, this outstanding tower block places great emphasis on an efficient use of space and natural lighting.

The zone, which has always been one of the most sought-after locations for professionals, still offers affordable prices and an enormous growth potential in real estate terms.

The area also includes the largest number of universities and education centres in Buenos Aires, including 17 top level educational establishments within a radius of fifteen blocks.

Alto Grande del Arte

Alto Grande del Arte is a magnificent tower block of an exquisite architectural design which is 19 storeys high, with two underground levels. It is situated in the centre of Buenos Aires, at Bartolomé Mitre street, between Uruguay and Paraná, on a plot of more than 1,850 sqm.

This is a strategic location within easy access to the main places of interest in the city including Congreso area, the Courts area, downtown, San Telmo, Corrientes Avenue, Florida Street and Puerto Madero. It is close to a motorway connecting the western and northern areas of the province of Buenos Aires and only 20 minutes from Jorge Newbery Metropolitan Airport and 40 minutes from Ezeiza International Airport.

Located within 9 de Julio, Corrientes, Callao and de Mayo Avenues, the land formerly belonged to the historic Teatro Argentino.

There will be a theatre inside the complex, making it the first theme tower block in the city. This will create a favourable environment for young artists to take their first steps into the world of dramatic arts.

Amenities

> Large swimming pool and wooden sundeck on roof terrace
> Complete barbecue area and room for multiple uses
> Equipped gym, sauna and jacuzzi
> Wi-Fi in public areas
> 24-hour security
> Messenger service

Construction

The construction begins right after the preliminary sales contract is signed. Completion date: between 2 – 2.5 years.

Rental Income

The 10% guaranteed rental is for five years and is paid net of all management/rental charges and local taxes. It is also renewable.

There are two payment options for the units:

Day 1: 10% refundable (up until contract reservation)
Day 29: 40% due

Option 1: 24 monthly instalments for final 50% or
Option 2: 50% due within 60 days

For option 2 there is a 7% discount on the final 50%

Development Features:

  • Country: Argentina
  • Region: Buenos Aires
  • Location: San Nicolás
  • Type: Apartment
  • Units: Studio, 1 bed, 2 bed
  • Price: From US$55,923

Reasons To Invest:

  • 20% annual capital appreciation expected over the next 5 years
  • Guaranteed annual rental income of 10%*
  • Growth potential in real estate property prices
  • Limited offer of this product
  • Maximum profitability apartment system
  • Five star amenities
  • 7% discount available*
Site images:

 Alto Grande del Arte, San Nicolás 2

 Alto Grande del Arte, San Nicolás 3

 Alto Grande del Arte, San Nicolás 4

Request Further Information

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*Terms and conditions apply.

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