Introduction.
This guide is divided in 17 sections where we will explain step by step all
the information you need to purchase real estate as an investment in Buenos Aires,
Argentina.
The sections are ordered in a
sequential order. We explain each step in a comprehensive way, making you
easier to understand the whole process of buying property in Buenos Aires.
Section 1: Relocating vs.
Investing in Real Estate, here we will describe
the main issues you should take in mind when buying real estate property in
Buenos Aires.
Section 2: Searching properties in
Buenos Aires, explains the distinctive
features of a real estate search in Buenos Aires, and
provides the best sources to find the property you are looking for.
Section 3: Making Appointments and
iSection 4: Visiting the apartment give tips how to make an
appointment to see the apartment, and things you should take in mind when visiting different properties
in Buenos Aires.
From
Section 5: Making a Reservation Offerwe start to
concrete the operation, which first step would be to Make and Offer on an
apartmet and how to pay
the reservation fee.
Section 6 - Realtor Commisions explains the
commission that Buenos Aires realtors charge for real estate operations.
In Section 7 Tranfering the money to
Argentina we cover one of
the more complex parts of the buying process which is to transfer the money to
Argentina in order to do the payment.
Section 8: How to get a Tax ID provides step by step
information on how to get Tax ID Number in Argentina (You will need it for Money
Transfer, signing the Escritura and to open a bank account).
In Section 9: Escribano describes the
role and importance of having a good Escribano Público (Notary) .
We explain in
Section 10: Boleto - Pruchase
Contract what is the
"Boleto" or property purchase contract.
In Section 11: The Escritura we will cover the Escritura
signature and the contents of the escritura itself.
The
Section 12: Opening a Bank Account in Argentina explains how to open a Bank
Account in Argentina, in order to receive rent payments, and be able to
pay services and taxes of the apartment using internet.
Section 13: Renting the Apartment lists the major short term real estate agencies
in Buenos Aires, and details the
usual conditions.
Section 14: Property Tax and
Section15: Income Tax make a review of the taxes you would have to pay related to the property
and the revenues it will generate in the future.
Section 16: Buying Furniture shows a sample inventory of furniture and other electronic
equipments for the apartment and estimative costs.
Section 17: Insurance explains the importance to hire an individual fire insurance
additional to the one the building already has
.
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