Tourism
Today, tourism has become fundamental to Argentina's economy, and with about 3.7 million visitors traveling there last year, more foreigners entered Argentina than Argentineans traveled abroad. So much new interest in Argentina is being driven specifically by vacationers, savvy business professionals, and forward thinking corporations who, comparing the US exchange rate with Europe and other countries, are taking full advantage of the current peso opportunity. With the US dollar = 3.14 to the Argentine peso, it is remarkably inexpensive; there has never been a cheaper time to go. Since Argentina's economic crash in 2002, there has been a palpable financial turnaround that is evidenced by new real estate and commercial ventures popping up all over Buenos Aires, Mendoza, and other sophisticated Argentine urban landscapes.
Buenos Aires, the country's capital, is one of the most exciting and dynamic cities in Latin America, and without a doubt the heart and soul of Argentina. Renowned for its shopping, nightlife, restaurants, museums, and high culture, trendy Buenos Aires is a safe, modern and relaxed city. Its mild, year-round climate is as welcoming as its European culture and inhabitants. At one time considered the most expensive South American city, Buenos Aires is now one of the most affordable. And yet Buenos Aires is thriving in just about every possible way. Tourism, real estate, fashion and art are all flourishing.
The Mendoza Province, located northwest of Buenos Aires' urban metropolis, is a welcoming oasis of natural resources and agricultural prosperity. Mendoza is responsible for more than 70% of the country's wine production, an impressive number when considering that Argentina is the fifth largest producer of wine in the world. Responsible for some of the best wines in the world, including award-winning Cabernet Sauvignons, Chardonnays, Torrontés, and Mendoza's own renowned Malbecs, Mendoza has indisputably become South America's very own Napa Valley. And as the world's familiarly with Argentine wines grows, so too does international demand for it.
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Your Partner in Argentina Real Estate Investments
InvestProperty Group has offices in New York, Buenos Aires, and Mendoza. This allows us an unequivocal advantage in terms of real estate investing in Argentina, which has become an attractive commodity of late as well as a potentially sound investment. Real estate visionaries and entrepreneurs around the world are taking advantage of Argentina’s sensational real estate opportunities while they can. Argentina’s economy is experiencing a steady recovery, and the opportunities currently available will not last forever. Now is the time to invest. IPG provides you access to institutional real estate opportunities in Buenos Aires and Mendoza, Argentina by introducing a magnificent exclusive luxury hotel, a premier wine & golf estate development, and a world-class boutique winery – all under our exclusive brand identity: Algodon. We offer you more than just an exciting real estate venture; we offer an opportunity to invest with the developer and share the vision. InvestProperty Group is an affiliate company of DPEC Partners.