Prestige Residences Recoleta Location Argentina Buenos Aires Available units    Studio 33.2m2 - 35.4m2 from $72,581 to $91,714    1 Bed 45.1m2 - 65.3m2 from $113,589 to $169,746    2 Bed from 81.4m2 $183,428 Delivery date: March 2010 Mortgage calculator Add to shortlist Property ID: 452527          Description Key selling points Studios and One Beds from US$72,581 Only 1 x 2 bed penthouse available for US$183,428 Amazing Location in Recoleta Capital Growth from 20% pa Rental Yields from 10% pa Prestige Residences is a brand new luxury development in the very trendy and upmarket district of Recoleta in Argentina's capital Buenos Aires. With only 42 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 in the area as well as a strong café culture. Investment Features Only 42 apartments - from US$72,581 From only US$2,085/sqm Luxury studios from 33.2 sqm Luxury 1 beds from 45.1 sqm 1 x Luxury 2 bed 81.4sqm Suitable for Long Term or Short Term Let Full planning permissions in place From 10% - 12% Rental Yields Most prestigious and upmarket location in Buenos Aires Luxury facilities - gym, swimming pool, sauna Completion March 2009 Strong tourist demand Developer has extensive experience having completed many projects in Buenos Aires Payment Terms 47.5% on contracts Balance via Stage Payments Why Invest in Argentina? 12 month tourist season in Buenos Aires High Rental Yields from 10% Excellent capital city location prices from US$1,500/ sqm. No restrictions for foreigners to buy Low buying costs - up to 8% No capital gains tax for individuals Very fast recovery from 2001 economic crisis High projected capital appreciation - approx 20% pa Strong local rental market Politically Stable Booming economy More than 500 multinational companies operate in Buenos Aires Growing tourism market - 7.6% expected growth in 2007                  Make an enquiry: TheMoveChannel.com is a property listing platform for estate agents, developers and private owners. For further details of the properties listed on the site, you must register/login and make an enquiry using the form that will appear on this page. Your enquiry email will then be sent directly to the person or company responsible for listing the property. Click here to register Email: Password: (forgot your password?)                 Get emails featuring more properties like this! Properties like this regularly feature in email newsletters that you are not signed up to. Opt in to receive newsletters by checking any relevant boxes below: Enter your Email:  Argentina News Global Investment Overseas Showcase