Propia Inmobiliaria - San Telmo Bienes Raices

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Real estate investment opportunities in Argentina are beginning to rival those in more well-known emerging markets, in part due to the country's rapidly growing economy. With GDP rising by 8.5% in 2006 alone and further growth of 7.5% predicted for 2008, Argentina possesses a strong economy that provides solid potential for investors. Combine this with a government backed tourism industry which has grown 10% year on year since 2003, and property prices which have risen 50% since 2002.

According to the Argentine real estate trade group, Camara Inmobiliaria Argentina, housing prices have increased 50% since 2002, while The Guardian reports that Argentine property prices have been rising steadily over the last few years, with house prices in the Buenos Aires' wealthier districts up by as much as 25% last year alone. Yet although real estate prices have soared, they still look surprisingly

"The Guardian reports that Argentine property prices have been rising steadily over the last few years"

cheap, with prices in prime real estate locations still only one-tenth of what they are in the United States and Europe.

Real Estate Investement in South America

Argentina has became something more than a tourism post. Its main city Buenos Aires claims to be one of the biggest ones of America, and has born from the shades of a community that has been fed up with travelers from all over the world. Old buildings over wide and wooded streets look like postcards from its related from Europe, built up from the memory of European voyagers who found in this corner of the Earth the land of the opportunities wanted. Yet, minutes away from those classical roofs, just like new times emissaries, dazzling crystal buildings rise up in contrast to the sky, along a riverbank who whispers names such as Starck, Hok Sustainable, Pelli and others.

The city invites its walkers with all the commodities of a main northern one. The stunning markets and shoppings full of leather and other luxury gods, the magnificent parks and gardens of "La Recoleta" along the tenths of squares of the "Little Paris", the colorful landscape of La Boca and the culture mixing of the old San Telmo are just some of the most popular districts for visitors. But what may result more interesting for voyagers is the access to a known lifestyle, with all the luxury and commodities of European taste, yet with costs impossible to imagine due to the favorable Peso/Euros exchange.

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