Prestige Residences is a brand new luxury development in the very trendy and upmarket district of Recoleta in Argentina’s capital Buenos Aires.
With only 42 apartments and a 12 month letting season, an expected rental yield after costs is approx 10% - 12%.
This type of development is suitable for investors - looking for excellent capital growth and excellent rental yield.
Recoleta is one of the most luxurious barrios in Buenos Aires, and there are many tourist attractions in the area as well as a strong café culture.
Investment Features
- Only 42 apartments - from US$79,012
- From only US$2,085/sqm
- Luxury studios from 33.2 sqm
- Luxury 1 beds from 45.1 sqm
- 1 x Luxury 2 bed 81.4sqm
- Suitable for Long Term or Short Term Let
- Full planning permissions in place
- From 10% - 12% Rental Yields
- Most prestigious and upmarket location in Buenos Aires
- Luxury facilities - gym, swimming pool, sauna
- Completion March 2010
- Strong tourist demand
- Developer has extensive experience having completed many projects in Buenos Aires
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