When we began promoting an exclusive collection of luxury condominium hotels for foreign investors in Argentina and Uruguay, we knew the timing was right for this type of income-producing hard asset.
Now nine months later, the first two Buenos Aires hotels are completely sold out, finished units have already appreciated 60% since pre-construction, and the first P Hotel already ranks in the Top 10 out of over 400 BA hotels on TripAdvisor, a testament to the quality of the US-owned and operated P Hotel chain.
100% of the units in the second P Hotel, Palermo Tower, were sold to foreign investors from North America where buyers can appreciate the professionalism and transparency of dealing with a US-based developer.
Palermo Tower officially opened in December 2012, and the news that Alto Palermo Group would build a new $50 million galleria literally across the street was nothing short of spectacular for Palermo Tower unit owners.
Now construction is set to begin in 2012 on the first P Hotel in Mendoza. Finca 84 (aka Auberge du Vin) will be a luxurious 28-key boutique development built on 6.9 acres in the heart of Tupungato Winelands in Mendoza. In addition to an income-producing property and the wines of Michel Rolland, Finca 84 unit owners will receive membership in the Tupungato Winelands Golf and Polo Clubs, Wine Club membership and an annual allocation of private label wine.
If you are interested in reserving one of the remaining units or just learning more about the benefits of ownership in Finca 84, simply complete the form below.