One of the best opportunities can be "pozo" developments which are new construction projects. The earlier you buy, the cheaper the price is of the real estate. However, the downside is you have more risk because some projects go bankrupt. That is why it's very important to buy from an established developer that has a long track record.
The Founder of our company purchased many units in this building for himself as well as 25+ other units for our clients when they were breaking ground. The prices seemed too good to be true but they were. We bought in several different floor plans but this was the model of the studio apartments that we purchased for ourselves and our investor clients.
It was one of the best investments in all our years purchasing real estate in Buenos Aires. All of the investors experienced astronomical capital appreciation. And all of the units more than paid for themselves in just a few short years as short-term luxury rentals.
It takes a lot of patience as it took 4 years to complete the project from start to finish. But patience paid off.
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