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Property Details

1 bed Flat/Apartment for sale in Palmero Tower

Price: £28,600 Enquire further

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Description: Property description:
The city of Buenos Aires is currently one of the most interesting locations for property investment. It is an ideal location for those investors whose objective is high capital appreciation.

Property features:
Property particulars:

The Grande Development
Development Features:
The Grande Development is located in historic quarter of Buenos Aires. Facilities include;
Pool,
Gym,
24-hr Security
Construction period between 2 and 2.5 years
Priced from only $55,923** (£28,600 approx.*)
Summary:
The city of Buenos Aires is currently one of the most interesting locations for property investment. It is an ideal location for those investors whose objective is high capital appreciation.

The Grande development is a 5-star amenities project offering investors an estimated 20% capital appreciation over the next five years in addition to guaranteed rental of 10% over five years. However the investor can choose to put the property on the market before construction completes.

The developer will oversee the property investment and will manage the rental and maintenance of your apartment.

The Project:
The Grande Development is a magnificent tower block of an exquisite architectural design which is 19 storeys high, with two underground levels. It is situated in the centre of Buenos Aires, at Bartolomé Mitre street, between Uruguay and Paraná, on a plot of more than 1,850 sqm.

This is a strategic location within easy access to the main places of interest in the city including Congreso area, the Courts area, downtown, San Telmo, Corrientes Avenue, Florida Street and Puerto Madero. It is close to a motorway connecting the western and northern areas of the province of Buenos Aires and only 20 minutes from Jorge Newbery Metropolitan Airport and 40 minutes from Ezeiza International Airport.

Located within 9 de Julio, Corrientes, Callao and de Mayo Avenues, the land formerly belonged to the historic Teatro Argentino.

There will be a theatre inside the complex, making it the first theme tower block in the city. This will create a favourable environment for young artists to take their first steps into the world of dramatic arts. Amenities include:

Large swimming pool and wooden sundeck on roof terrace Complete barbecue area and room for multiple uses Equipped gym, sauna and jacuzzi Wi-Fi in public areas 24 hours security Messenger service

Development’s Location:
Situated in the historic core of the city, this outstanding tower block places great emphasis on an efficient use of space and natural lighting.

The zone, which has always been one of the most sought-after locations for professional, still offers affordable prices and an enormous growth potential in real estate terms.

The area also includes the largest number of universities and education centres in Buenos Aires, including 17 top level educational establishments within a radius of fifteen blocks.

Construction:
The construction begins right after the preliminary sales contract is signed. Completion date: between 2 - 2.5 years.

Rental Income:
The 10% guaranteed rental is for five years and is paid net of all management/rental charges and local taxes. It is also renewable.

Development Management:
The developer will oversee the investment plus manage the rental and maintenance of the apartment.

Prices & Payment Terms:

Please note: Details for all properties are provided and maintained by third parties. Therefore, homesoverseas.co.uk makes no warranty as to the accuracy of these details.

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