Product Description

This comprehensive book explains everything you need to know about buying and investing in Argentinean real estate.

Product Details

• Amazon Sales Rank: #989450 in Books
• Published on: 2008-08-25
• Original language: English
• Binding: Paperback
• 188 pages

From the Back Cover
This comprehensive book explains everything you need to know about buying and investing in Argentinean real estate. Subjects include:

* Buying for investment compared to buying a home
* Investment opportunities in Argentina and why there's investment potential
* Return on investment
* The role of property consultants and how to decide if you need one
* The role of realtors and how to choose one
* Finding property and an explanation of classified advert terminology
* Viewing property - important factors to consider
* The role of escribanos and how to choose one
* The offer process
* Boletos, señas and the escritura
* Obtaining an Argentinean tax ID
* Getting the purchase cash into Argentina
* Post-purchase costs (running expenses)
* Refurbishing and furnishing property
* Choosing a rental agent
* Long term, short term and luxury rentals
* Taxation
* Selling real estate
* Common scams and pitfalls and how to avoid them
* Residency and citizenship
* Inheritance issues
* Plus many others

Foreign investors usually buy property in Buenos Aires; accordingly this book focuses predominantly on the capital and includes a discussion of the main neighborhoods and districts of interest to the investor. The advice and explanations are equally valid for buying and investing in the rest of Argentina, which is discussed further in a separate chapter.

To complement the book a regularly-updated supplementary appendix can be bought from the author's website that contains details of reliable, honest and ethical businesses operating in the Argentinean real estate market - i.e. the people to use to safeguard your investment and avoid the problems identified.

Customer Reviews

No more "investment consultants" for me
This book is worth its weight in gold. I was in BA late last year, loved it, and decided to buy an apartment. I did some research on the net but all I found was conflicting information that left me more confused than ever. Much of this (mis)information is put out by "investment consultants" who promise to steer you through the minefield for a fat fee. I didn't feel comfortable using any of them so I was at a loss what to do. Then I discovered this book. Quite simply it's brilliant. It explains in detail exactly what the law is, how the tax system works with respect to foreigners and common ways that people in the real estate business in Argentina will try to trip you up and get you to pay more - often illegally. It also discusses in detail the main barrios of BA of interest to the investor, with handy maps showing exactly where they are, their pros and cons with respect to short and long term rentals, and typical real estate prices in each of them. This is information I couldn't find anywhere else.

The book gave me the advance knowledge and confidence to approach local realtors and lawyers in BA and to know when they were telling me the truth. As a result I have just completed on a beautiful apartment and I know that I didn't overpay anyone. I thoroughly recommend this book as essential to anyone foreign who is considering buying in Buenos Aires.

Information Goldmine
I wish this book had been available a year ago when I bought my first apartment. I had difficulty finding accurate information and as a result I paid far more than I should have and had a bad experience. As the investment potential in Buenos Aires is so great I'm now buying a second apartment for rental purposes. Even after having learnt a lot from my first experience of buying in Buenos Aires I've found the information in this book to be a godsend.

Useful book for investing
If you are thinking of buying a second home, investment property, or vacation spot in Argentina, this is a handy book to have. The author has actually done the buying and investing and has practical advice. The emphasis is definitely on buying in Buenos Aires, so if you're looking to invest in a different area of the country, the information won't be as handy. However, the actual legal and business explanations hold true for buying in Argentina, so it's very worthwhile.
There is a scarcity of these types of books(first one I've ever found and I'm from Argentina), buy this one and you won't be sorry.