There is a booming Buenos Aires real estate market. NLI enables clients to leverage their capital with our experience and relationships to successfully purchase and sell real estate.
Foreigners and locals have seen substantial growth in
their real estate portfolios over the past 6 years. Our investment clients have seen up to 100% in capital appreciation and 20% Return on Investment for their Buenos Aires luxury rental properties.
International investors find themselves confused by the broad
differences in the purchase process, the customs and the laws. Many clients have contacted us after briefly working with other real estate companies. Why? Because they want answers that produce results . Don’t worry . . . we’re here to help.
We’ve taken the time to write on: Real Estate Investment Articles on Buying, Money Transfer, Property
and Capital Gains Taxes. These articles can give you a brief overview of the process to help answer your questions and alleviate your concerns. We welcome you to use them as a reference.
Our articles on Buenos Aires real estate can help answer your basic questions . . . our team’s experience, insight and relationships can help you reach your investment goals.
Our Investment Consulting services
are tailored to meet your objectives. We work selectively with clients to maximize their Return on Investment.
Our typical investment consulting commission is 3.0%.The standard commission rate in Buenos Aires for a
real estate agent is 3% to 5%.
We work with serious clients who have a long-term perspective on relationships and investments. Nancy Landi International works selectively with clients who fit this model. Our time is valuable and we sometimes receive 50+ investment inquires each week regarding Buenos Aires real estate. We cannot work with everyone.
It’s important that you interview us during the beginning stages of an investment relationship . . . and at the same time, we’re interviewing you.
If you’d like to partner with Nancy Landi International NLI- to sell your home, land or building.
Read more about investment please at : Services , Investment Consultant
Thank you for taking the time to get to know us. We hope to speak with you soon about Buenos Aires real estate.
info@nancylandi.com
Buying Property in Argentina / by one of our clients in REAL ESTATE.
Having bought my 3 apartments in August 2004 at Palermo Botanic Garden, I can tell from my experience that for those foreigners interested in buying a property there will be no complications or restrictions, not even with the currency at the moment of withdrawing your profits. The purchase process is made of simple steps you have to follow.
First the buyer makes an offer which consist of a small deposit (no more than a 10% of the cost of the property). When the offer is accepted, a closing date is set 30 to 60 days later for the payment of the balance of the offer and delivery of the deed. If the offer is not accepted, they return the money.
You do not have to be present. I gave my solicitor the power of attorney who will perform the service for you.Your cost will be a 3% to 4% Real Estate commission plus the 21% VAT (valved added tax) on the commission. There is no VAT on the purchase price of the property unless is a new construction. You also pay the Notary to produce a clean title. His fee and cost will run about 2.5 percent of the purchase price, including the 21% VAT on his fee.If you are a foreigner and are purchasing within the city of Buenos Aires, there is a 2.5% stamp tax paid to the city, but your first property is exempt from this tax.
If you are buying a second property the 2.5% cost is share in half with the vendor. It is much more easy to buy a property from an Argentine vendor. In case you choose an apartment from foreign landlord, it is necessary to make a 2-4 months errand at the public tax office.In some cases (usually when the vendor lives in the property for sale) it is necessary to make a “Boleto de Compra-Venta”. This “Boleto” is like a selling contract that states the price, the time scheduled for the operation, etc. By signing it, you will have to pay 30% of the total value of the apartment.
