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IncomeBA - Mendoza Luxury Condo-Hotel Development

IncomeBA - Mendoza Luxury Condo-Hotel Development

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Published by InvestBA
InvestBA is the leading resource for foreign investors seeking real estate investment opportunities in Buenos Aires, Argentina and Uruguay.

IncomeBA is our exclusive portfolio of income-producing luxury condo-hotel properties in Argentina and Uruguay. The first two hotels in Buenos Aires are 100% sold.

The third hotel will be built in the heart of Argentina wine country, the Uco Valley of Mendoza. For more information including pricing and floor plans, e-mail home@investba.com or call 5411.5486.2585 (Argentina) or 1.772.933.4663 (USA).
InvestBA is the leading resource for foreign investors seeking real estate investment opportunities in Buenos Aires, Argentina and Uruguay.

IncomeBA is our exclusive portfolio of income-producing luxury condo-hotel properties in Argentina and Uruguay. The first two hotels in Buenos Aires are 100% sold.

The third hotel will be built in the heart of Argentina wine country, the Uco Valley of Mendoza. For more information including pricing and floor plans, e-mail home@investba.com or call 5411.5486.2585 (Argentina) or 1.772.933.4663 (USA).

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Published by: InvestBA on Oct 05, 2011
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10/25/2011

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Luxury Condo Hotel Investment Opportunitiesin Buenos Aires, Argentina & Uruguay
I
ncome
BA 
#1
100%
sold#2
100%
sold
68%
sold#3
 
Earlier this year, we introduced IncomeBA, a selectportfolio of 
income-producing condo-hotel properties
 for foreign investors in Buenos Aires, Argentina andUruguay.As anticipated, the concept resonated with smallinvestors looking for the security of 
hard assets
duringthis period of rising global uncertainty and triple-digitfluctuations on the Dow.The first hotel,
Palermo Place
, commenced constructionin 2010 and 97% of the units were purchased by foreigninvestors, most of them from the U.S., Canada, Europe,Mexico and Australia. All of our investors were makingtheir
first real estate purchase in Argentina
, which spokevolumes about their comfort level in dealing with a US-based real estate developer with significant SouthAmerican experience.Unlike the vast majority of real estate projects inArgentina, Palermo Place finished on time and onbudget. Our investors came to Buenos Aires in April totake delivery of their units and celebrate the GrandOpening of Palermo Place, the first hotel in
the new PHotel chain
.
The second P Hotel
is currently under construction in theBuenos Aires neighborhood of Palermo Hollywood andthe third hotel will break ground in January 2012 in the
Uco Valley of Mendoza at Tupungato Winelands
.
Palermo Place, the first P Hotel, Opened May 1 in Buenos Aires
Luxury Condo Hotel Investment Opportunitiesin Buenos Aires, Argentina & Uruguay
I
ncome
BA 
 _properties_ 
 
Today, four months since the Grand Opening,bookings are solid and Palermo Place already ranksamong the Top 15 Buenos Aires hotels on TripAdvisor.From an investment standpoint, even better newscame last month in one of Argentina’s leadingnewspapers.CarlosManzoni of La Nacion says that hotels, and specifically
property for real estate investors in Argentina. Thearticle cites many of the same motivating factorsoutlined in
our original prospectus
: Argentina’s pro-tourism policies,
relative affordability
 
,
quality of life
 
and a tidal wave of 
Brazilian demand
.Manzoni says
Argentina’s affordability has created “aflood” of Brazilian tourists
including a new wave of middle-class travelers choosing Argentina for hotels,restaurants and retail stores that are all more affordablethan those at home in Brazil.In addition to strong demand coming from Brazil, NorthAmerica and Europe, Manzoni says
condo-hotelinvestments in Argentina
offer other advantages likeflexibility, absentee ownership, the prestige of establishedbrandsand a monthly income stream derivedfrom the hotel’s pool of rentalproperties.
La Nacion Article Declaring Condo-Hotels “The New Boom in realestate Investment” in Argentina (September 18, 2011)
Luxury Condo Hotel Investment Opportunitiesin Buenos Aires, Argentina & Uruguay
I
ncome
BA 
 _properties_ 

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