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Invest from the well. What are the advantages and why this is a good time
December 10, 2023
For a 2024 that raises expectations in the real estate sector, specialists recommend zero lists of premium ventures that are already being marketed in private meetings.
During cycle changes, unique opportunities usually arise that must be taken advantage of at the right time, that is, shortly before the signs of reactivation become too evident. In the real estate market, due to several factors, that time is now.
“The ventures that are launched next year will be highly sought after by those who postponed their decision to invest in the real estate sector until after the elections,” says Miguel Ludmer, director of Interwin, a company that advises large developers from the purchase of land. and participates in the formation of the so-called “first hour groups” or “zero list”.
Some of these ventures are already being marketed by Interwin in private meetings. “What we promote is that investors enter the real estate business from the purchase of the land and thus obtain more competitive square meter values than what can be obtained at the time of commercial launch,” says Ludmer.
In the current context, due to the rise in the official dollar, construction costs will also increase. This increase will surely be transferred to the final sale price of the already completed properties.
On the other hand, the exchange rate today is very convenient for foreigners, which has turned Buenos Aires into a magnet for both international investors and tourism, tied in part to the boom in temporary rentals.
Securing square meters in new construction at zero list prices is today a great opportunity, they say from the real estate sector.
Eyes are also focused on the future government management, especially on inflation that is expected to be controlled and on the reactivation of mortgage credit, which is the main driver of the real estate market. Given a possible scenario with growing demand for leveraged purchases in credits, investing today in zero list is an excellent decision.
Where and how to invest
The real estate market is already working hard on the planning of the projects that will be built next year. Interwin's role at this stage is to bring these projects, which have not yet seen the light of day, closer to capital investors interested in the revaluation they will have when they become a commercial reality. “These opportunities are on our desks today and we are advising our clients with an investment profile to achieve these extraordinary returns backed by real estate assets,” says Ludmer.The question, then, is where to invest. “We are calling for investors to fund large projects in exclusive and residential areas of the city and where there is little land left, such as Recoleta, Belgrano, Palermo, Cañitas, Núñez, Libertador axis and Bajo Belgrano,” details the director of Interwin Miguel Ludmer.
Everything seems to indicate that Real Estate in 2024 promises excellent financial returns. Investors, savers and end users wait expectantly for new opportunities.
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