First Class Corporate Building:
Buenos Aires, Argentina

Description

This multi-purpose office building is located in Central Buenos Aires close to the city’s principle thoroughfares. The project offers a net 6% guaranteed rental for 10 years. Capital appreciation here is expected at approximately 15% per annum: $1,900 +/-

Costs

Price: USD $2,500,000
+10.5% VAT
+13.5% property transfer tax and notary

Total including all expenses: USD $2,950,000

Returns

6% guaranteed rental for ten years (net)
15% expected capital appreciation per year
+/- $1,900

Building Details

• Gross Surface: 1600m2
• Net Surface: 1200m2
• Ground Floor: +6 floors (180m2 each)
• Ground Floor: 150m2 + 81m2
• 6th Floor: Penthouse with 2 terraces
• 2 Lifts
• Fire Prevention System
• Each floor: 3 WC, A/C Cooling / Heating
• High Tech wire distributors: N5 Fibre Optic – 14 Working Places, with 28 work positions