DescriptionEstancia Catalina offers a unique opportunity to purchase below market value land plots in one of South Americas most beautiful regions on an estate already home to a successful boutique hotel, fantastic polo facilities and nearby horse riding stables. Argentina is a large and very diverse country and for this reason its popularity as a tourist destination is ever increasing, making it now the 2nd most popular tourist destination in South America. From the vibrant buzz of its capital city and the breathtaking Patagonian lake-district to the much talked about wine producing regions and the awe-inspiring glaciers - there is something for everyone.What is encouraging in Argentina though is that although it appeals to foreigners, its biggest fans are its own population and many more Argentines are choosing to holiday in their own country. This has led to a demand for 2nd homes from many wealthy Argentines to use as holiday or weekend retreats.LocationThe Cordoba province is well located just 1 hours flight time from Buenos Aires and for this reason is becoming a weekend hotspot for many Argentines.The Estancia is very easy to reach as it is just one hour and 20 mins drive (40 miles) from the city of Cordoba.PropertiesFor the last eight years, guests have been staying at the renowned Dos Lunas boutique hotel, many of whom return time and again and have also enquired as to whether there are any plans to build extra property on the spacious grounds of the estate. The hotel can charge nightly room rate of $500 per night and year-round occupancy is averaging at 78%.It is for this reason that the developer is purchasing both the hotel and the surrounding 5,500 acres of land with the aim to create an exclusive residential development of 120 houses to compliment the hotel and meet the local demand for property ownership in the area.Should investors choose to develop on the land plot, the developers will offer a full design and build service using world-renowned architects BMA.We are pleased to market land plots of 10,000 sqm in size for 105,000.Payment ScheduleA reservation deposit of 3,000 is required50% of the purchase price (less deposit) upon signing PPC50% of the purchase price upon signing Formal Contract of Sale and PurchaseThe final payment of 50% of the purchase price can be paid using developer financing

• Region: View All "Cordoba Apartments"
• Country: View All "Argentina Apartments"
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