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property investment
Alto Grande del Arte
buenos aires, argentina
Reasons to Invest
Extremely well priced
5 year guaranteed rental of 10% per annum***
20% capital appreciation expected over next 5 years
7% discount available***
staymove to manage rental and maintenance
Development Features
Located in historic quarter of Buenos Aires
Facilities include, pool, gym, 24-hr security
Construction period between 2 and 2.5 years
Priced from only $55,923** (£28,600 approx.*)
Summary
The city of Buenos Aires is currently one of the most interesting locations for
property investment. It is an ideal location for those investors whose objective
is high capital appreciation.
Exclusive to staymove international, the Alto Grande development is a 5-star
amenities project offering investors an estimated 20% capital appreciation over
the next five years in addition to guaranteed rental of 10% over five years.
However the investor can choose to put the property on the market before
construction completes.
staymove in Buenos Aires will oversee the property investment and will manage
the rental and maintenance of your apartment.
The Project
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 include:
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 hours security
Messenger service
Development’s 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
professional, 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.
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.
staymove South America
staymove South America will oversee the investment plus manage the rental and
maintenance of the apartment.
Prices & Payment Terms
Prices start at only $55,923** (£28,923)*. Don´t hesitate to contact us now for
further information to avoid disappointment! Please use our enquiry form to
apply now.
Reservation deposit
€3,000
Payment Schedule
50%/50%
Completion
2010 approx.
*Currency equivalents are based on approximate conversion at time of writing and
are subject to fluctuation. To save money on currency exchange use staymove
FX. **Prices are based on availability at time of writing; both availability and
pricing are subject to change without notice. ***Terms and conditions apply.
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