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Land is something that Argentina has in abundance, and at the moment some investment groups are claiming that buying Argentine land is a potentially lucrative investment. According to Property Wire, Argentine land has been undervalued and is appreciating at 19 percent. The natural beauty of the country makes property buying appealing simply from an aesthetic perspective, and it is this beauty that makes vacation residence development such a booming business. Argentines tend to vacation domestically, and there is rising demand from tourists for more accommodations in the many scenic locations in need of development. Unsurprisingly, the most expensive areas to buy in are the wine growing areas like Mendoza, but even these more expensive properties have development and money-making potential.