How to Make a Small Fortune in Argentina

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According to Liam Bailey of international property firm David Stanley Redfern, the secret making a fortune here is in vacation properties. Due to the boom of recent tourism and a favorable exchange rate, renting out vacation homes is becoming big business. The trick is how much you buy property for.

Land prices are lower than most other big tourist destinations and tax restrictions are low. Whether you’re buying in the big city Buenos Aires market or a farm in Patagonia, you’re guaranteed to get more bang for your buck. And with rental prices at a premium, the profits will roll in in no time.

Via: Holiday Lettings

One Comment

jamie on March 26, 08

We have a guest house in Bariloche, http://www.barilochehouse.com and have been running about 75% occupancy, year round. Definetly good investments with positve cash flow to be had.

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