Almost two years ago, InvestBA featured an excellent Cronista article exploring the tremendous untapped potential for marina developments in the northern suburbs of Buenos Aires.
At roughly the same time, a Rosario-based developer, MOR, and Italy’s legendary design house, Pininfarina, were putting the finishing touches on Tifon Baigorria, a state-of-the-art marina in Rosario with 2,700 slips, 50% of which were sold in the first six months after project launch.
Building on the commercial success in Rosario, Team Tifon is now coming to Buenos Aires to build the largest and most technologically advanced marina in Argentina, Tifon Water Planet. The waterfront location in Tigre is surrounded by the highest concentration of high net worth boat owners and gated communities in Buenos Aires.
Just as in Rosario, the Tifon business model makes perfect sense when you consider there are over 130,000 motor boats in Argentina, 6,000 new motor boats are registered annually, and existing marinas are decades-old, low-tech facilities operating at full capacity. In contrast, the cutting-edge Tifon facility will feature a wide range of services including shops, restaurants, locker rooms, a gas station and a public park.
Most importantly, Tifon Water Planet offers investors the opportunity to purchase one or more dry slips in the new facility for private use or for participation in the Tifon rental pool with a low cost of entry, tax benefits, and an attractive return on investment forecast. 24-month financing is available, as well as considerable discounts for cash buyers and buyers of 5 or more slips.
To request a full prospectus of Tifon Water Planet, complete the form below.