Argentina is ‘btl heaven’

Argentina is one of the best countries in the world for BTL, claims one company…

Hot weather, glorious beaches, and as a city Buenos Aeries is one of the world's most famous cities. Touring Latin America is becoming a very popular holiday, seeing things like rain-forests, enjoying the humid heat as oppose to the dry heat of say the Costa's and the great cities like San Jose and Buenos Aeries as well as Costa Rica's volcanoes and rich bio-diversity.

Liam Bailey of David Stanley Redfern, enthused: "Most people investing in Argentina currently are buying a holiday home with a view to letting it when not in use, and these buyers have nothing to worry about from the Change in government.

“The Rental market, especially in the popular areas like Buenos Aeries will continue to be strong, and the average rental yield will remain an exceptional 10% - again in Buenos Aeries.

Strong economic growth

Mr Bailey added: “Economic growth will continue to be strong in the short-term because the new President continued many of the policies that so rapidly turned the Argentinean economy round from its disaster and has seen it grow incredibly.

”But the continuance of these policies also means that if price controls will need to be introduced and managed very skilfully to bring Argentina's spiralling inflation rates under control, and to ensure the transition from extraordinarily high GDP growth to a more sustainable level is a smooth one."

“People making a long term investment should not take Argentina off their short-list either though, because Argentina has what it takes to become as popular with tourists as Spain, and that kind of popularity will see growth in the property market for many years to come.