Why Buenos Aires & Argentina Condo-Hotels Make Sense

Luxury condo-hotels like this Cardón project are growing in popularity for buyers in Buenos Aires.

At last week’s 125th Annual Rural Expo in Palermo, one booth stood apart from the parade of livestock and farming equipment: a stand showcasing a 49-room condominium-hotel in southern Buenos Aires Province with recreational amenities and the luxury co-branding of the Cardón designer label. The promotion made perfect sense for two reasons: Rural attendees are flush with soy-dollars and condo-hotels are gaining popularity in Argentina.

And the phenomenon is also spreading to the Tango Coast of Uruguay. According to El Pais, the leading hotel developments in Punta del Este now feature condo-hotel components in their master plans. “In the case of Punta del Este, the condo-hotel approach gives middle class investors access to a luxury suite” with the added benefit of annual return on their investment. A 25-story condo-hotel just broke ground on Avenida del Mar, while the sale of the former Melia hotel on Golero Avenue this week will undoubtedly result in a 17-story condo-hotel conversion.

While coastal units are appealing for local city dwellers looking for weekend getaways, Buenos Aires condo-hotels are attractive alternatives for foreign investors who want their own BA pied-à-terre with year-round income potential. With global financial markets increasingly volatile, the portfolio diversification gained from ownership of hard assets means peace of mind.

IncomeBA allows the small investor an opportunity to participate in the surging tourism industry in Argentina and Uruguay with a luxury condo-hotel unit with year-round income potential. For more information about unit prices, floor plans and ROI projections, click here.