Our very first "elite" (a client that has retained our firm 5 times or more) clients purchased several properties with our assistance in Buenos Aires, just knew this would be a great property. It was in the absolute heart of Palermo Soho but the property had been abandoned for many years while the owner died and the family members were fighting over the inheritance. The desirability of it was very low because renovating a property here in Buenos Aires is an incredible amount of work. It takes a tremendous amount of vision, dedication, time and money to finish a project of this scale.
One of our long-time architects that we have worked with for many years completed the renovation for this project.
The property turned out beautiful and is one of the absolute best apartment rentals in the city. The capital appreciation has been tremendous and the cash flow via rentals is unparalleled.
The owner was a bit stubborn and decided to go very cheap on the kitchen and the mattresses are very uncomfortable. The furniture is also cheap. But fortunately he listened on our advice to make the rooftop deck nice and it's the best thing about the property. He went very cheap with the furnishings but fortunately the location is good. He could be making more money going higher end but he went very low end on the electronics and the mattresses. Even still he is making great cashflow.
This is just one out of the hundreds of purchases, renovations and constructions we have performed for our clients.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.