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Money laundering: if the decision is to buy a property, what should be analyzed to avoid losing money? - La Nacion Propiedades
Source:
www.lanacion.com.ar
September 04, 2024
The variables that must be taken into account in today's market present significant challenges due to the high cost of construction and inflation
By Ignacio Camps
Money laundering: if the decision is to buy a property, what to analyze to avoid losing money Rodrigo Nespolo
The government launched a new money and property whitening . The purchase of properties in the red or with less than 50% of the work completed with laundered money, do not pay taxes. It is a very good benefit. That said, the current scenario of the market for projects in the red or with work in progress is going through one of the worst moments due to the high cost of construction , inflation, the flat dollar, and the high incidence of land in CABA.
The market for projects in the works or with works in progress is facing one of its worst moments due to the high cost of construction, inflation, the flat dollar, and the high incidence of land in CABA.Ignacio Sanchez
I have heard many colleagues say that properties are recovering their value due to mortgage loans and that is why it is a good time to buy in a pit. This is not exactly the case. We are talking about two different markets within the same one.
The used market is affected by low demand and lack of credit. New construction is affected by inflation in dollars and lack of credit. The price of used cars was very low and now it has started to stabilize, but it is still well below the prices of developments in the works, always speaking of comparable products and neighborhoods.
This forces us to carefully analyze the alternative of buying properties suitable for money laundering because, otherwise, the tax that we save from paying will translate into an expensive purchase, therefore, a long time for the market to validate these values and for us to obtain liquidity and the opportunity cost that this implies.
What aspects should I carefully analyze before investing in a money laundering-approved project? In addition to the obvious, such as who is developing the project and its legal and financial structure, it is essential to pay attention to the location, as obvious as it may seem.
Before investing in a money laundering-eligible project, it is essential to carefully evaluate the location, along with the developer and the legal structure of the project.
Each neighborhood has a historical value associated with the price per square meter. Currently, high construction costs and the impact of land prices force us to invest only in those neighborhoods where the historical value is higher than the current construction cost.
If the current cost is above the historical value of the neighborhood you are evaluating, it is better not to enter the project , since it will be difficult to exit in the medium and long term. On the other hand, if the entry value, although high, is below the historical value of the neighborhood, it could be an opportunity that deserves careful evaluation.
For example, today, a new construction in an excellent location in Palermo costs US$3,200 per square meter , while its historical value has been above US$5,500 per square meter. This represents a good alternative.
In Palermo, the cost per square meter of a new construction is US$ 3,200, while its historical value exceeds US$ 5,500, which makes it a good option. On the other hand, in Caballito, where the cost is US$ 2,800 and the historical value is US$ 3,300, the profit margin is lower.
However, if we consider a neighborhood like Caballito, where the cost per square meter is US$2,800 and its historical value was US$3,300, the profit margin is lower and the waiting time for a favorable exit is longer.
Finally, there are younger neighborhoods where the historical value never exceeded the current cost of a new construction.
In short, to simplify the analysis, today it is advisable to invest in well only in traditional and consolidated neighborhoods , such as Palermo and its variants . These neighborhoods are the first to recover their value when economic activity improves, followed by neighborhoods with lower demand due to the cascade effect.
www.buysellba.com
Source:
Blanqueo: si la decisión es comprar una propiedad, qué hay que analizar para no perder plata
Las variables que se deben tener en cuenta en el mercado actual presenta desafíos significativos debido al alto costo de construcción y la inflación
www.lanacion.com.ar
September 04, 2024
The variables that must be taken into account in today's market present significant challenges due to the high cost of construction and inflation
By Ignacio Camps
Money laundering: if the decision is to buy a property, what to analyze to avoid losing money Rodrigo Nespolo
The government launched a new money and property whitening . The purchase of properties in the red or with less than 50% of the work completed with laundered money, do not pay taxes. It is a very good benefit. That said, the current scenario of the market for projects in the red or with work in progress is going through one of the worst moments due to the high cost of construction , inflation, the flat dollar, and the high incidence of land in CABA.
The market for projects in the works or with works in progress is facing one of its worst moments due to the high cost of construction, inflation, the flat dollar, and the high incidence of land in CABA.Ignacio Sanchez
I have heard many colleagues say that properties are recovering their value due to mortgage loans and that is why it is a good time to buy in a pit. This is not exactly the case. We are talking about two different markets within the same one.
The used market is affected by low demand and lack of credit. New construction is affected by inflation in dollars and lack of credit. The price of used cars was very low and now it has started to stabilize, but it is still well below the prices of developments in the works, always speaking of comparable products and neighborhoods.
This forces us to carefully analyze the alternative of buying properties suitable for money laundering because, otherwise, the tax that we save from paying will translate into an expensive purchase, therefore, a long time for the market to validate these values and for us to obtain liquidity and the opportunity cost that this implies.
What aspects should I carefully analyze before investing in a money laundering-approved project? In addition to the obvious, such as who is developing the project and its legal and financial structure, it is essential to pay attention to the location, as obvious as it may seem.
Before investing in a money laundering-eligible project, it is essential to carefully evaluate the location, along with the developer and the legal structure of the project.
Each neighborhood has a historical value associated with the price per square meter. Currently, high construction costs and the impact of land prices force us to invest only in those neighborhoods where the historical value is higher than the current construction cost.
If the current cost is above the historical value of the neighborhood you are evaluating, it is better not to enter the project , since it will be difficult to exit in the medium and long term. On the other hand, if the entry value, although high, is below the historical value of the neighborhood, it could be an opportunity that deserves careful evaluation.
For example, today, a new construction in an excellent location in Palermo costs US$3,200 per square meter , while its historical value has been above US$5,500 per square meter. This represents a good alternative.
In Palermo, the cost per square meter of a new construction is US$ 3,200, while its historical value exceeds US$ 5,500, which makes it a good option. On the other hand, in Caballito, where the cost is US$ 2,800 and the historical value is US$ 3,300, the profit margin is lower.
However, if we consider a neighborhood like Caballito, where the cost per square meter is US$2,800 and its historical value was US$3,300, the profit margin is lower and the waiting time for a favorable exit is longer.
Finally, there are younger neighborhoods where the historical value never exceeded the current cost of a new construction.
In short, to simplify the analysis, today it is advisable to invest in well only in traditional and consolidated neighborhoods , such as Palermo and its variants . These neighborhoods are the first to recover their value when economic activity improves, followed by neighborhoods with lower demand due to the cascade effect.
www.buysellba.com
