Argentina’s Condo-Hotel Boom Attracting Foreign Guests, Investors

Patrick Archer aruba, buenos aires events, foreign investment, hotels & casinos, lifestyle, real estate, tourism, us companies

Exactly six months ago, an article in La Nacion declared condo-hotels “the new boom in real estate investment” in Argentina. Annual ROI double that of rental properties, ease of absentee ownership and a monthly income stream derived from the hotel’s rental pool were just a few of the condo-hotel advantages cited in the article. Argentina’s record tourism levels, quality of …

Luxury Condo Hotels in Buenos Aires & Mendoza Approach Sell-Out

Patrick Archer foreign investment, real estate, tourism, us companies, wine & vineyards

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 …

La Nacion: Condo-Hotel Sales Are Booming in Buenos Aires, Argentina

Patrick Archer foreign investment, real estate, tourism

In a story that will serve as positive affirmation for investors in IncomeBA properties, Carlos Manzoni of La Nacion says that hotels, and specifically condo-hotels, are “the new boom” property for real estate investors in Argentina. The article cites many of the same motivating factors outlined in our original prospectus: Argentina’s pro-tourism policies, relative affordability, quality of life and Brazilian demand …

From Jobs to Revenue, Tourism Booming In Buenos Aires

Patrick Archer ba government, hotels & casinos, real estate, tourism

The Buenos Aires tourism engine just keeps chugging faster and generating more jobs and revenue in the process, according to a new report from the City of Buenos Aires. The Tourism Board and Ministry of Culture shared the new data at the conclusion of this week’s Expoeventos 2011 at the Centro Costa Salguero. Tourism in Buenos Aires is a multi-billion …

Why Buenos Aires & Argentina Condo-Hotels Make Sense

Patrick Archer aruba, foreign investment, hotels & casinos, lifestyle, real estate, tourism, us companies

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 Cardon designer label. The promotion made perfect sense for two reasons: Rural attendees are flush with soy-dollars and condo-hotels are …