The global financial storm has wrought havoc on the world’s real estate economies and opened up a landscape of true opportunity for buyers everywhere: in other words, it’s a buyer’s market! You know that, vendors know that, and at Escape Artist we certainly know that!
However, knowing it’s a buyer’s market is simply not enough information to help a would-be real estate investor or home seeker find a bargain of an opportunity abroad, and therein lies one of the most challenging aspects in a buyer’s market! The fact that a keen investor knows there are plenty of prospects to purchase, but does not know where to look and how to identify a true gem of an investment opportunity is hugely frustrating.
Fear not however, because that’s where we at Escape Artist come in…
Understanding, exploring, buying and selling international real estate has been at the core of our business model for the past fifteen years. In that time we have seen markets rise, property economies boom and national home markets implode. We have watched trends, experienced bubbles, identified sustainability and directly helped and assisted thousands of vendors and buyers achieve their real estate dreams around the world.
Without wishing to blow our own trumpet too loudly, we have local presence in multiple international locations around the world, which enables us to get up close and personal with real estate markets, trends and opportunities. As a result we help identify real estate bargains for buyers, and present these on a widely accessed platform for would-be vendors seeking an international audience.
With Escape Artist, it’s not just a case of knowing it’s a buyer’s market – we can show you, the buyer, what to buy and where if you want well-priced real estate with maximum appeal.
To illustrate our point with an appropriate example, let’s examine a new to the market, multi-tiered investment opportunity situated in one of the best locations in an emerging yet sustainable market, priced to sell, where the buyer has free rein to create a home, a business or a straightforward investment profit.
The project in question is located close to San Rafael in Mendoza, Argentina – and because buying real estate is all about location, location, location, let’s examine the position of this prospect first.
Mendoza is home to Argentina’s rapidly advancing wine-centred economy, and it is developing a sustainable tourism economy on the back of its vineyards as well as its stunning and dramatic landscape.
Mendoza has four clearly defined seasons, each attracting a different group of visitor. In the region you can have fun in the sun and on the water during the region’s long hot summertime, in the spring or fall you can climb mountains, camp, hike, bike and explore, and in the winter you can use Mendoza as a halt station on your way to ski the Andes.
San Rafael is the central hub for Mendoza’s wine and tourism economies. It’s a thriving small city with every conceivable amenity and facility you could possibly require for day-to-day living, and it has a growing community of expatriates who come from all over the world to enjoy the region’s natural beauty, as well as its developing economy.
The property for sale is situated just back from the main road that links San Rafael to Buenos Aires, and the 20 hectare plot on which the main house is built is literally the gateway to San Rafael and its vineyards and tourism attractions.
This property is the first stop on the route in to San Rafael that all visitors will pass, meaning that any potential buyer wishing to tap into all this passing trade will get the very first shot at marketing to a demographic directly seeking tourism facilities.
Fronting the property is state-owned green-belt land, meaning that any buyer will not have to worry that the land that sits between their property and its currently unobstructed and magnificent mountain views will be developed and spoiled.
In other words, this real estate opportunity ticks every single location box possible.
Moving on to the actual land and house for sale, a buyer will get 20 hectares of land as well as a large house in the sale price. Approximately half of the land is currently planted with a mixture of young olive trees which will be in full production in 2 – 3 years time. The 10 hectares has around 100 apricot trees and a variety of other established fruit trees, but otherwise is cleared and ready for planting.
The land is irrigated and also has two wells, meaning that no matter what you decide to grow you will be able to make the very most of the region’s famously rich soil and excellent climate. So, whether you want to plant 10 hectares of vines and start a micro-winery or you want to expand the olive and fruit growing side of the property owner’s current business, you can easily do so.
You also have the option of dividing up the land into 1 or 2 hectare lots and developing real estate for sale or rent, or perhaps selling lots furthest from the main home to others who want to build their own homes or second properties in this fabulous part of the Mendoza province.
The main house has been architecturally designed, hand-in-hand to combine the visions of an interior designer. However, due to personal family reasons, the current owner is being forced to sell before completing the interior of the home. For a buyer this is very good news – it means that the final fixtures, fittings and finish will be to your taste and your standards and that the hard work has already been done.
The home is 200 square meters in size, and it’s surrounded on all sides by a 3 to 4 meter terraced area. It consists of 2 bedrooms, one bathroom and a kitchen, and has two reception rooms, one of which is an expansive open plan area designed by the interior architect to work as the main multi-use living space.
The property has been constructed to North American standards, and because of its clean and simple layout, a buyer has every opportunity for remodelling to suit their own personal needs. What’s more, if additional space is needed, there is nothing to stop a buyer applying to extend the current living space.
Naturally the real estate opportunity has been priced accordingly to take into account the home’s semi-finished state, and the fact that the vendor is being forced to sell for personal reasons. For a buyer this means that they can purchase an amazing opportunity at an exceptionally bargain price.
For just $175,000 you can own 20 hectares and a home, spend an additional $40,000 on the completion of the house to the highest American standards, and live the dream on an exceptional estate in Argentina. Alternatively, you can invest these sums of money into a project that you can turn into a thriving agricultural or tourism facing business, (or combination of both), or into a real estate investment that you simply turn around back to the market in the form of single home plots that you can sell for maximum profitability.
The possibilities are multi-tiered, and it doesn’t take much vision or imagination to see just how much you could benefit from buying this fantastic real estate project.
Finally, the current owner has clear title to the entire site, meaning that there are no potential obstructions to the sale, and they are prepared to assist any buyer complete the interior of the home.
This property is listed on Escape Artist and you can see more photos and contact the owner of the property by clicking here
Links to useful resources on Argentina
Vacation Rentals in Argentina