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El Malacate Properties - Argentina

El Malacate is located just 50 minutes from the wonderful city of Buenos Aires City. Buenos Aires is the capital of Argentina and is one of the largest cities in the world. It is one of the most sophisticated and elegant cities in South America.

El Malacate consists of a number of 5000 sqm plots within 85 hectares of land surrounding the River Lennon, all within a perimeter wall with just
one entrance to the club.
Plots from £27,300 | Houses from £66,000
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Property for sale in Buenos Aires - Argentina

All plots are sold with electricity, gas, telephone, satellite TV and access to natural water. You can use the plot to build your house if you wish, the minimum house
build should be 200 sqm.

Argentina Investment Summary

Minimum 20% per annum capital appreciation expected over the next 5 years.
Guaranteed rental 6% net per annum for 5 years.
Increasing demand from the local market.
Limited offer of this type of product.
Weak dollar.

The Project

At El Malacate visitors will enjoy a land submerged in the past. History, legend and tradition within a development that offers all the comfortable services you could wish for. Residents will feel the soul that resides in the rural surroundings of hills, streams and intimate silences where, progress and past coexists.

El Malacate consists of a number of 5000 sqm plots within 85 hectares of land surrounding the River Lennon, all within a perimeter wall with just one entrance to the club (see next page).

All plots are sold with electricity, gas, telephone, satellite TV and access to natural water.

All plots are 5000 sqm


Choose your plot and then build your house.
You do not have to build if you do not wish to.
Minimum house build is 200 sqm.

Location
El Malacate is located just 50 minutes from the wonderful city of Buenos Aires City and its 15 million inhabitants. The Club has excellent transport links, being just 1.5 miles from the main motorway, motorway 8.

Medical services are just 10 minutes from Malacateay.

Buenos Aires is the capital of Argentina and is one of the largest cities in the world. It is one of the most sophisticated and elegant cities in South America. Buenos Aires has always been famous for its incredible cultural offer and is renowned for its architecture, night life, and cultural activities.

Buenos Aires is the financial, industrial, commercial and cultural hub of Argentina and its port is one of the busiest in the world.

Building a House in El Malacate

Building dimensions: 200 sqm (minimum)
Construction cost: £300.00 /sqm
Total cost: ONLY £60,000.00 (based on a 200sqm build)
Payment structure: 35% day 1
35% 90 days
30% on completion
Completion: 200 days

Features

5000 sqm plots
85 Hectares surrounding the River Lennon
Spanish colonial style club house
Hostel services & swimming pool
Polo and equestrian school
Sadler services
100 horse boxes
Full services for horses

Argentina Overview

Buenos Aires - Argentina
Buenos Aires is the capital of Argentina and is one of the largest cities in the world. It is one of the most sophisticated and elegant cities in South America. Buenos Aires has always been famous for its incredible cultural offer and is renowned for its architecture, night life, and cultural activities.

Buenos Aires is the financial, industrial, commercial and cultural hub of Argentina and its port is one of the busiest in the world.

Argentina

Argentina is the second largest country in South America and the eighth largest country in the world. Argentina is bordered by Paraguay and Bolivia in the north, Brazil and Uruguay in the northeast and Chile in the south and west. The country covers nearly 3,800,000 square km, it stretches 3,460 km from north to south and 1,580 km from east to west.

Argentina has a diverse landscape; it possesses expansive deserts, some of the world’s tallest mountains (Argentine Andes), fertile agricultural plains and rolling plateaus.

Argentina’s climate ranges from subtropical in the northeast, temperate in the central regions to arid and cold in the south and along the mountain ranges.

Tourism in Argentina

Domestic and International tourism has grown +12% for quarter one of 2006. Argentina offers a host of tourist attractions from the buzz of Buenos Aires, to skiing on the slopes of Patagonia, wildlife safaris plus adventure sports as rafting, gliding and trekking.

400 km from Buenos Aires you will find Mar del Plata, Argentina’s premiere beach resort, offering 17 kilometers of beaches, sports fishing, colonial architecture, a university, sports, zoo, casino and lively nightlife plus a number of parks and gardens to tempt the visitor.

Argentina also has a varied and interesting history, you can visit the holy cities, legendary ruins and museums. Culture is very important to the Argentines and you can enjoy the traditions of dance, folklore and music. Argentina’s tourist industry is benefiting from both domestic and international tourism.

Economy

Argentina’s economy collapsed in 2002, measures have been put in place and the economy is now strengthening. GDP is increasing steadily (9% growth in 2004 and 2005 and 8% in 2003) due to import substitution policies, soaring exports, lower inflation and foreign investment.

The economy has grown by 31.4% since the first quarter of 2002. The economic growth is the highest in Latin America for the period 2003 to the first quarter of 2005.

The country cleared its $9 billion debt with the IMF in 2005; influx of foreign currency from exports has resulted in a trade surplus which is estimated at 3.5% of the GDP.

Argentina is the most developed country in Latin America; it has the highest GDP per capita, the highest level of education, good infrastructure, and strong telecommunications industry including mobile, internet and wideband services.

How to buy property in Argentina from the UK

The client must sign a Power of Attorney to his representative in Argentina at the Argentine consulate in London. Cost £90.00

The signed Power of Attorney must be send to his representative in Argentina. The representative will charge the client £ 150.00 for representing him during the purchasing procedure. (registration of the property and construction permits). Payment: Instruction will be provided.

The developer also has accounts in the UK and the USA.

By avoiding paying via direct transfer to Argentina saves the buyer transfer fees and that also allows to input a lower value in the property’s registration form which reflects immediately in reducing the tax base.

Why buy property in Argentina

Key reasons to invest in property
Emerging market
Highest economic growth in Latin America
Growing tourism industry
Strong local demand
Developed infrastructure

Economic overview - Argentina

The recovery of Argentina’s economy has astounded many leading international and domestic analysts. Money is now flowing from tourism and foreign investment resulting in a strengthening economy.

The economy has grown by 31.4% since the first quarter of 2002. GDP is increasing steadily, in 2005 and 2004 it grew by 9% annually compared to 2003 with an 8% growth. The economic growth is the highest in Latin America and one of the highest in the world for the period 2003 to the first quarter of 2005.

Last year the state cleared the 50 year old debt of $9 billion to the IMF (International Monetary Fund). This has resulted in high fiscal surplus - estimated 3.5% of the GDP. Inflation is forecasted to drop by approximately 2% by 2007.

Domestic and International tourism has grown +12% for quarter one of 2006. Argentina offers a host of tourist attractions from the buzz of Buenos Aires, to skiing on the slopes of Patagonia, wildlife safaris plus adventure sports such as rafting, gliding and trekking.

Argentina also has a varied and interesting history, you can visit the holy cities, legendary ruins and museums. Culture is very important to the Argentines and you can enjoy the traditions of dance, folklore and music. 40% of real estate in Argentina is purchased by International investors mainly from Europe, USA, Canada, Brazil and Chile.

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