Mendoza, Argentina Real Estate Report

Mendoza, Argentina Real Estate Report

by

Taylor White

Mendoza is a favorite spot for vacationers and foreign investors. Real estate in Mendoza, Argentina offers many options from downtown condos to ski cabins in the Andes. The market is rising, but investors still get a lot for their money.

Mendoza is one of the most popular places in Argentina for tourists. Mendoza has everything a visitor could want in a vacation destination, whether you’re traveling in winter or summer. The summer is a great time to enjoy the beautiful weather, the beautiful water and the perfect pedestrian downtown for walking, shopping and dining. You’ll also love hiking and horseback riding in the Andes. Winter vacationers will love the skiing available in Mendoza without having to endure such harsh cold temperatures.

Mendoza is Argentina’s wine capital, too, and you’ll find many vineyards and farmers outside the town.

Because of Mendoza’s popularity as a tourist destination, it has also gained popularity with foreign investors who want a vacation home, rental property or a place to retire. Real estate in Mendoza, Argentina is a good value for European and American investors because you can get far more for your money here than in Europe or the states.

Mendoza is a particularly good place to own property if you’re interested in winemaking or farming, as there are quite a lot of farms in the Mendoza real estate listings.

Argentina’s economy collapsed in 2001, and the value of properties fell sharply. In the years since then, the market for real estate in Mendoza, Argentina, and the rest of the country has had significant ups and downs. Today, the market is slowly on the rise again. Investors can still get very good value for their money, but this buyer’s market is definitely on its way out.

Mendoza has seen more upswing in the market than some other areas of Argentina simply because it is such a popular place. People who want to live in the city, the country and the mountains are all attracted to Mendoza. It offers the amenities you would find in Buenos Aires, but with a population of just under 1,000,000 people, it feels like a much smaller town.

Many foreign investors choose to buy in town apartments for their choice in Mendoza real estate. They are plentiful, and the prices are quite good. These apartments are popular rentals with tourists, which allow the investor to make money on the property and have a vacation home, too.

Buying real estate in Mendoza, Argentina is a bit different than buying in the US and in Europe. Mendoza real estate transactions are generally carried out in cash, and if you need a mortgage, you’ll need to obtain it in your home country. Though there are no restrictions on foreigners investing in real estate in Argentina, you definitely need a Spanish speaking professional to help you navigate through the process.

Taylor White is an international real estate investor and leading the charge at International Real Estate Listings the worldwide leader in

Mendoza Argentina real estate

for sale, Mendoza, Argentina real estate exchanges, and

Mendoza, Argentina rentals

.

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