Buenos Aires Real Estate: ROI Breakdown & Rental Yield Case Studies

Поделиться
HTML-код
  • Опубликовано: 22 дек 2024

Комментарии • 253

  • @TheWanderingInvestor
    @TheWanderingInvestor  Месяц назад +4

    🇦🇷 Get in touch with Max and get the free Ebook: thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-agent-in-buenos-aires/
    🇦🇷 Full Buenos Aires real estate market analysis: thewanderinginvestor.com/international-real-estate/buenos-aires-real-estate-market/

    • @TheTruthBehindThis
      @TheTruthBehindThis Месяц назад

      Please do a video on Ghana real estate.

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад

      @ Much more expensive than Kenya, for a weaker economy

    • @edgomon
      @edgomon 15 дней назад

      Great video.. i bought in puerto vallarta

  • @LucasDaRonco
    @LucasDaRonco 22 дня назад +38

    This dude makes me proud to be Argentinian. The knowledge and the English level is top notch.

    • @JuanAndrada-z8s
      @JuanAndrada-z8s 17 дней назад +1

      Muchos argentinos hablan bien inglés. Todo depende de donde te educaste y donde viviste además de Argentina.

    • @drewmorg.
      @drewmorg. 11 дней назад +2

      @@JuanAndrada-z8s Yes but his English is flawless with hardly perceptible accent even. I did not realize he was Argentinian or Spanish speaking at first. I am a native Southern Californian. His Spanish reminds me of my cousins who are 1st generation Cuban-American and speak perfect Spanish but have proper accent in both English and Spanish.

    • @aap2827
      @aap2827 10 дней назад

      so what speaking good english is a basic prerequisite in todays world, even Africans speak it

    • @iaf4454
      @iaf4454 8 дней назад +1

      There are lots of us who manage to speak english at his level...

    • @LucasDaRonco
      @LucasDaRonco 8 дней назад

      @@drewmorg. This

  • @cienfuegospapa
    @cienfuegospapa Месяц назад +44

    Very impressed with Max's presentation, very detailed and knowledgeable. Great pick to work with Ladislas!

  • @jamesrandolph3964
    @jamesrandolph3964 Месяц назад +23

    I've been watching your videos for the past two years, thank you for another excellent presentation! Providing us with real financials, on the ground reporting and knowledgeable experts speaks to your character and shows how much you respect your viewers' time and intellect. ❤

  • @chriskunze7138
    @chriskunze7138 Месяц назад +39

    Beautiful country!!!! I love Buenos Aires!!! Can't wait till I come back. Love the culture and food. And its nice to see the country being turned around by Javier Milei.

    • @Fuckus
      @Fuckus 19 дней назад

      Argentina is only nice without Argentinians

  • @pabloalonso9083
    @pabloalonso9083 16 дней назад +9

    Que buen nivel de ingles 👏👏👏

  • @franwyler3915
    @franwyler3915 22 дня назад +5

    Excellent video! It provides a very interesting perspective on the real estate business in Argentina. Keep creating content about the magical city of Buenos Aires!

  • @whatsmynoise
    @whatsmynoise 29 дней назад +5

    Everything is good in this video. Thank you.
    Greetings from Argentina.

  • @keithfolse4068
    @keithfolse4068 14 дней назад +4

    Thank you for this video. Very good information. I've been to Argentina many times since 2001, and your descriptions are accurate. (One point: The president's name is Millei, which is pronounced MI - LAY, not Mealy.)

    • @TheWanderingInvestor
      @TheWanderingInvestor  14 дней назад +2

      Thank you. Noted 😉

    • @cmv88
      @cmv88 13 дней назад +1

      Its Milei

    • @keithfolse4068
      @keithfolse4068 13 дней назад

      @@cmv88 It's not about the spelling. I wrote MI-LAY to help him pronounce it correctly as an English speaker.

    • @cmv88
      @cmv88 10 дней назад +1

      @@keithfolse4068 oh i get it now , sorry 😅

  • @saml8967
    @saml8967 Месяц назад +5

    Really great video! The first apartment looked amazing.

  • @chogno98
    @chogno98 12 часов назад

    This was an outstanding presentation. Well done guys! And VLLC.

  • @RJ-ry5qu
    @RJ-ry5qu Месяц назад +6

    Great update. Thanks for doing this. I’ve invested via IRSA - nyse as my proxy for BA real estate - the demand for new property is high and this is a much easier and potentially more rewarding way to do it than buying direct. Keep up the great work LM.

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад +1

      Thank you. Nice. Yes, very decent way to play the market 👍

    • @intramotus
      @intramotus Месяц назад +2

      What the best websites to see properties for sale online ? Thanks

    • @identiybodega
      @identiybodega Месяц назад +1

      Tell me more

    • @fnmolina
      @fnmolina 29 дней назад

      @@intramotus zonaprop

    • @alexg6702
      @alexg6702 29 дней назад +2

      @@intramotus Zonaprop is probably the best and easiest to navigate..

  • @adriansaw8329
    @adriansaw8329 Месяц назад +11

    I live here...in Buenos Aires. I think the numbers are off for the new apartment. 900 a month is too high for long term rental. Long-term rental attract mostly locals. Locals can't afford to pay that.

    • @rjh2772
      @rjh2772 Месяц назад +1

      what is the price to rent long-term for gringo

    • @privateprivate921
      @privateprivate921 Месяц назад +2

      500 USA

    • @anamartinezramos5123
      @anamartinezramos5123 25 дней назад +1

      en recoleta pago 1000 dolares por un departamento de 95 metros antiguo arreglado a nuevo, segundo piso a la calle en arenales y talcahuano. 150mil de expensas mas luz y gas. es depende el lugar que alquiles y la cuadra. si te bancas un depto techos bajos contrafrente en una cuadra masomenos los encontras por 500. muy cerca de ahi pero no es lo mismo.

  • @Global-livingg
    @Global-livingg Месяц назад +31

    To me Argentina is more a lifestyle play + a capital appreciation play like you said.
    I especially like the land options and single-family homes a bit outside the city. Absolutely dirt cheap - easy 2-3x return potential over the coming decade if the next election doesn't spoil the progress Milei has made. They aren't the best option for an international investor who doesn't live or visit Argentina much personally though, more for someone looking to emigrate there or have it as a home base. If I could get my wife a visa to go down there we'd be gobbling up a few places, but I'm not flying around the world alone to do it.
    Plenty of stocks like $CRESY that have exposure to real estate and are still relatively cheap imo, so I've just held that as a proxy for now. Done quite well, but not up multiple times like the Argentine bank stocks and stuff.
    Hope to be down there in Argentina next year once again. Wonderful country, truly beautiful.

    • @bitminer8956
      @bitminer8956 Месяц назад +2

      A bit outside of BA or which city do you think is best? In the process for a rentista visa so I'll be staying down here and would like to get some of my net worth tied to the economy. not a fan of the stocks.

    • @claudiovallone9217
      @claudiovallone9217 26 дней назад +2

      Outside Buenos aires city, san isidro, martinez, olivos are great

  • @edgomon
    @edgomon 15 дней назад +1

    Thanks!

  • @ivanchernenko9879
    @ivanchernenko9879 Месяц назад +10

    The rental yields of 3-4% suggest that prices are still too high. Unless you expect salaries will explode soon which then could acomodate higher rental prices. No vale la pena

    • @guillesrl7569
      @guillesrl7569 6 дней назад

      You need to add expected appreciation. You are presumably buying at or near the bottom. And that is all equity. If you finance then that leverages equity returns of course.

  • @NorbertoYacono-o5u
    @NorbertoYacono-o5u 15 дней назад +2

    How can get a list of the Buenos Aires short term apartments for rent in the downtown area?

  • @carefulconsumer8682
    @carefulconsumer8682 22 дня назад +2

    Nice video. Such a wonderful city and hopefully the new leader ca bring it back to its glory and economic vibrancy. How does the tenant pay rent to the Landlord? Via the realtor, deposit in a bank, wiring to owner, etc? Max was great in explaining. I wonder if you did one of these for Mexico and Dubai? Thanks for the great info.

    • @TheWanderingInvestor
      @TheWanderingInvestor  22 дня назад

      @@carefulconsumer8682 Thank you. All these payment options are viable. Including crypto.
      Yes, look at my channel there is content on Playa del Carmen, Tulum, Puerto Vallarta 👍

  • @soundslight7754
    @soundslight7754 Месяц назад +11

    I like the style, size also price of the first property for someone's personal use and the second probably fits better for short term rental or someone's young mistress :)

  • @estudiantes68
    @estudiantes68 Месяц назад +11

    33:31 "compared to western countries"... I didn't know that I was living in the East!

    • @Fuckus
      @Fuckus 19 дней назад

      the so called "western countries" or G7 think you are from a latin shithole worth to colonize but nothing else. The BRICS might change that reality.

    • @darioadrianz
      @darioadrianz 19 дней назад

      man's beyond biased smh

  • @juderaymond2289
    @juderaymond2289 Месяц назад +2

    Was so interested in the subject matter... Whats up with the camera. Are e seeing the property as a tour or just a visual backdrop to the audio podcast?

  • @stevebryan5779
    @stevebryan5779 5 дней назад +4

    This Argentinian guy could be your next door neighbor---good guy it seems.

  • @CasaBlancaShow_
    @CasaBlancaShow_ 22 дня назад +1

    appreciated the video you shared! However, I wanted to bring some details regarding the maintenance expenses as well as the costs for electricity, gas, and water.
    As of December 2024, I believe the figures presented may not accurately reflect current expenses. Based on my observations, a more realistic budget for monthly incidentals and maintenance in Buenos Aires would be around $800 USD. This amount should sufficiently cover the essential utilities and upkeep during this period.
    Thank you for your insights, and I look forward to any further videos

  • @davidanalyst671
    @davidanalyst671 Месяц назад +18

    you are the only person who has sat down and done some background work on argentina. I watched rebel capitalist go to argentina, but he was flapping his lips about nothing, talking politics, tried to change his bitcoin into doge coin in order to get the price of dog food, but he never did anything worth watching. You did.

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад +1

      @@davidanalyst671 thanks, glad you liked the analysis.

    • @intramotus
      @intramotus Месяц назад

      What the best websites to see properties for sale online ? Thanks

    • @alexg6702
      @alexg6702 29 дней назад

      Yeah, You Tubers who want to be video stars are always looking for content to regularly post. Ladislas tends to only post when he has something material to say and runs the numbers! One may not necessarily agree with all destinations chosen, that is a persona thing, but Ladislas does does provide a pretty good introduction to markets and identifies some good on the ground contacts. Max has a very good knowledge of the BA market and is open and frank about its potential and challenges. Also having accreditation and knowledge of a developed market such as the U.S. helps people gain a perspective on the market.

    • @TheWanderingInvestor
      @TheWanderingInvestor  29 дней назад

      @@alexg6702 Thank you Alex 🙏

  • @beaniril8870
    @beaniril8870 Месяц назад +6

    200k USD in USD only, really?
    I heard locals are allowed to exchange from local currency to usd max of $200 per month
    USD in argentina is like gold and to pay that tiny apt 200k in USD is like winning in lottery.
    1 usd to argentina peso is 1000.
    In black market you can get 2000 peso to 1 usd but its illegal though.
    IOW: to pay 200k USD is like paying 400k USD for that tiny apt.
    The real value of that apt should be less than 80k USD if one consider the volatility of the argintine peso.

    • @estudiantes68
      @estudiantes68 Месяц назад +5

      You should check your facts.
      Anyone can buy as many dollars as they want, LEGALLY.
      There are state issued bonds which can be bought in pesos and sold in dollars. That's what we call "dollar MEP" (1081 pesos = 1 dollar), which is LEGAL.
      The official dollar rate is worth 1027 pesos, whereas the black market dolar is at 1135 (not 2000, like you said).
      The gap between all rates is converging as time goes by.
      The value is decided by the market, not by buthurt "latinos" comments in social media.

    • @nicolasfigueroa3777
      @nicolasfigueroa3777 11 дней назад

      everything you a telling is old, that is from a 1 year ago.

  • @Easyservice-x8q
    @Easyservice-x8q 26 дней назад +2

    I liked your discussion very much

    • @Easyservice-x8q
      @Easyservice-x8q 21 день назад

      Your views are much less than before.You work hard to make videos, your videos are very good.If you leave the video on a weekend, you will get a lot of views

  • @4ce5bf154
    @4ce5bf154 11 дней назад +1

    20 years ago took me 3 years to finally sell a duplex apartment in Caballito after a huge discount, the price of that apartment has hardly gone up if we calculate the inflation over that period of time while in the rest of the world has x2 or x3...

  • @GeeGee19
    @GeeGee19 Месяц назад +34

    Renting is a no brainer in a country like Argentina. 200k to buy vs 900$ or less to rent. Renting is the obvious choice

    • @jasonthomas9453
      @jasonthomas9453 Месяц назад +7

      Yet he claims it’s a buyers market. Seems agents are the same everywhere.

    • @privateprivate921
      @privateprivate921 Месяц назад +6

      Believe me it’s a complete and utter lie what this agent is saying!!!

    • @gsabic
      @gsabic Месяц назад +1

      @@privateprivate921 what part is a lie?

    • @anamartinezramos5123
      @anamartinezramos5123 25 дней назад +2

      if you buy now you sell for twice the price in 2 years.

    • @GeeGee19
      @GeeGee19 25 дней назад +5

      @anamartinezramos5123
      It's impossible for you to believe what you wrote. Those apartments won't double on price in 50 years 🤡🤡

  • @Whathetruthis
    @Whathetruthis Месяц назад +2

    🙏, thank you, very informative!

  • @soundslight7754
    @soundslight7754 Месяц назад +2

    I take it mortgages are available to locals only, right?

  • @kkreasy7296
    @kkreasy7296 Месяц назад +1

    So much good info .. instant follow

  • @CryptAnalytics
    @CryptAnalytics Месяц назад +6

    Hello from BA! :)

  • @drewmorg.
    @drewmorg. 11 дней назад +3

    Milei has earned me Double or triple my investment in the stock market playing Argentine stocks. I love this country.

  • @Politik-mit-Kopf
    @Politik-mit-Kopf 8 дней назад +1

    His fees are high. If he’d present me with real estate where the numbers are right however, I might consider. Seems like his service is trustworthy and approachable.

  • @bolivianprince7326
    @bolivianprince7326 26 дней назад +1

    I'm interested buying real state in Salta not in BA. Do you have some contact?

    • @TheWanderingInvestor
      @TheWanderingInvestor  26 дней назад

      @@bolivianprince7326 Sure, you can reach out to Max here: thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-agent-in-buenos-aires/

  • @samk4402
    @samk4402 Месяц назад +5

    The presentation effectively addresses key factors like currency depreciation, transaction costs, capital controls, illiquidity, and oversupply. While peso appreciation could yield significant gains, potential risks such as tenant eviction challenges and property owner protections should also be considered.

    • @intramotus
      @intramotus Месяц назад

      What the best websites to see properties for sale online ? Thanks

    • @alexg6702
      @alexg6702 29 дней назад

      @@intramotus Zonaprop

  • @jorgeferreiro9783
    @jorgeferreiro9783 Месяц назад +5

    You should list Max's contact information. He seems very knowledgeable

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад

      @@jorgeferreiro9783 Thanks. Yes, he’s great: thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-agent-in-buenos-aires/

  • @Molloy1951
    @Molloy1951 Месяц назад +4

    A few corrections:
    1. Buenos Aires is not a 16 million inhabitants city. It’s a 9 million inhabitants city with a metro area of additional 4 million.
    2. As the realtor said, real estate prices are set in US Dollars in Argentina. So it doesn’t make sense to say that “tomorrow everything can change” regarding prices and the value of properties.

    • @estudiantes68
      @estudiantes68 Месяц назад +1

      The actual population of the metro area is 16 or 17 million, depending on wether or not you're taking La Plata into account.

    • @jet8797
      @jet8797 28 дней назад +1

      Actually BA itself has a little over 3M, with 3M more people came to work every day. Greater BA is about 12 to 13 M more

  • @wasupmike22
    @wasupmike22 22 дня назад

    From the middle of the video, the image looks blurry like you filemd through a placenta.
    Apart from that, good info. Thank you!

  • @privateprivate921
    @privateprivate921 Месяц назад +10

    60% poverty rate does not equal in anyway a great investment in any real estate market.Magical thinking does not help anyone make a solid decision.

    • @info781
      @info781 Месяц назад +6

      Great investors always buy when things are bad , but getting better, if you wait for it to be good, you are too late.

    • @privateprivate921
      @privateprivate921 Месяц назад +3

      @ I don’t known from what knowledge base you are coming from but no investor which I am in over five countries buys into a market that has been and is illiquid!!! You are giving false and or misleading advice. Stop it ! Do not buy real estate for investment purposes in Argentina. It is not and investment when a market is illiquid it’s a Donation to that country. You will never sell it ! Stop lying.

    • @gsabic
      @gsabic Месяц назад

      @@privateprivate921 Is illiquid because there is no 30y loans, becouse of high inflation but that is changing really fast

    • @estudiantes68
      @estudiantes68 Месяц назад +6

      53% poverty rate (not 60) is the number that resulted from measuring salary levels right after a devaluation.
      Most of these "poor" do not live in structural poverty, like they do in most other Latin American countries (e.g.: Mexico).
      Most of these "poor" Argentine families own their homes, but earn less than 800 or 900 US dollars a month, which is the poverty threshold for families.
      Salaries started to increase faster than the dollar (and inflation), which will get most of these families out of poverty if things continue this way.

    • @nicolasd8571
      @nicolasd8571 13 дней назад

      @@estudiantes68 LOL good luck not getting robbed or stabbed at "retiro", one of the locations of the first apartment

  • @proTRUMPproREALMADRID
    @proTRUMPproREALMADRID Месяц назад +8

    $200,000 to buy? You can rent for $400 a month in BA...i dont think that is a good investment, there are utility, repair, and taxes to pay...

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад +1

      @@proTRUMPproREALMADRID Definitely a capital gains play rather than a yield play yes

  • @henryl1572
    @henryl1572 9 дней назад +1

    not a big return, thanks for the information. guess i’ll invest in other things.

  • @annabellejohnson3549
    @annabellejohnson3549 Месяц назад +2

    Very wary of the ‘capital appreciation’ play and of anyone who claims buying here is ‘safe’. I wouldn’t buy anything here expecting to eventually unload it for a significant profit in my lifetime. Do they mean to say it’s a capital appreciation for your heirs?

    • @alexg6702
      @alexg6702 29 дней назад +1

      It is a value play after all. The best 'value' investments to make are usually feel the most uncomfortable at first. Good point about timing but believe it or not Argentina is sophisticated with well educated, resilient people, you can find information on past boom and bust cycles. Yes, you may have to wait a while but things do change and they appear to be right now. You really need to visit BA for yourself, as I recently did. It is truly a wonderfull, clean well organised city and for the the most part more welcoming and safer than larger cities such as New York, London, Paris.

  • @intramotus
    @intramotus Месяц назад

    What the best websites to see properties for sale online ? Thanks

    • @cjiniguez
      @cjiniguez Месяц назад

      A search engine similar to Zillow is Zonaprop and a real estate agency with a similar profile to Corcoran is Miranda Bosch. It's also worth consulting Toribio Achaval. Cheers

    • @alexg6702
      @alexg6702 29 дней назад

      Zonaprop

    • @jet8797
      @jet8797 28 дней назад

      Argenprop, Zonaprop, Mercado Libre, Remax

    •  22 дня назад +1

      Zonaprop is the main one. Also Remax and century21 are big here so you’ll see things listed on their website. Often times you’ll find very small real estate agencies that would have apartments for sale from actual very close neighbors (people who live on the block or very close) and those will list on their websites. But those are rare finds

  • @davidanalyst671
    @davidanalyst671 Месяц назад +1

    My question would be about bankruptcy sales. Theres gotta be better deals than this given the Apeso has dropped its exchange rate from 200to a dollar to 1,000 to a dollar and the inflation is just as bad. 200k for an apartment in the trendy side of town?

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад +1

      @@davidanalyst671 real estate has mever been cheap in Argentina as it was one of the only savings mechanisms seeing that banks were unreliable and there were capital controls.
      Buying normal real estate is already hard as is in Argentina, very bureaucratic. I don’t even dare imagine what a bankrupcy sale would look like 😅

    • @alexg6702
      @alexg6702 29 дней назад +1

      @@TheWanderingInvestor You can find smaller properties in nice areas for under 100K

    • @alexanderprykhodko8769
      @alexanderprykhodko8769 26 дней назад

      @@alexg6702how i can find such deals? Below 100k, great location, Palermo, etc

  • @Politik-mit-Kopf
    @Politik-mit-Kopf 8 дней назад

    You can get equally good deals or better in Italy. Particularly southern Italy. I love BsAs but I see better opportunities in Europe, particularly for the distance and history of Italian politics.

  • @RS-cp5wc
    @RS-cp5wc Месяц назад +9

    Looks like heaven compared to the socialist fascist state of Londonistan here in the UK. I expect the police to turn up at my door for writing this sometime tomorrow.

  • @hugoadame2317
    @hugoadame2317 17 дней назад +3

    Net rental yield 3.85%. Let that sink in fellas. Not even beat inflation in the U.S. let alone in Argentina. The more I watch these videos the more I realized how terrible it is to invest in real estate.

  • @NGS2410
    @NGS2410 16 дней назад

    Yo have to buy in Lanús, Buenos Aires, for a nice investment.

  • @agv-estudios
    @agv-estudios 26 дней назад

    A small correction to the minute (27.36): In order not to be considered below the poverty line, you must be making at least 1,000 USD.

  • @Politik-mit-Kopf
    @Politik-mit-Kopf 8 дней назад

    You can get equally good deals or better in Italy. Particularly southern Italy. I love BsAs but I see better opportunities in Europe, particularly for the distance and history of Argentinian politics.

  • @rasplay5761
    @rasplay5761 22 дня назад +1

    one big problem it that swift doesnt work in Argentina, you cant just simply transfer money

  • @vicnas6893
    @vicnas6893 Месяц назад +6

    How much is the service price? Why don't they tell the truth about the high service price in the complex, like 500 USD--- 1000 USD per month? Also, do not forget about occupants who want to live for free and you cannot do anything, even in the court)))) Overall, with all taxes and all services, it does not look like a desirable deal))) We are playing a game; you are right; only the realtor is a winner in this case.

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад +1

      @@vicnas6893 the monthly charges / services charges are mentioned in the case study numbers.

    • @info781
      @info781 Месяц назад

      I always like to know the maintenance fees as well, they can be super high.

  • @reneschaefer4027
    @reneschaefer4027 Месяц назад +2

    Shocking low yields!! I searched some other areas in Buenos Aires and could see yield of about 7%. In the North of England I get 9-12% and in Dubai 6-7%

    • @charlesogier6469
      @charlesogier6469 Месяц назад

      Where about in the North of England ? (Newcastle ?) Long term rentals, fully furnished ?

    • @reneschaefer4027
      @reneschaefer4027 Месяц назад +1

      @charlesogier6469 in Blackpool I get 10-14% net yield on holiday apartments, in Hull and Great Yarmouth I get 13-14% on HMOs (house of multiple occupancy). But for apartments and terraced houses you get 8-11% in Blackpool and 10-12 % in Glasgow for normal long term letting. In Wales yields are also good but don't have anything there. In the south of England and London yields are only 3-4%

    • @charlesogier6469
      @charlesogier6469 Месяц назад

      @reneschaefer4027 that's impressive. What kind of tourism in blackpool ?

    • @reneschaefer4027
      @reneschaefer4027 Месяц назад +2

      @@charlesogier6469 Blackpool is the biggest sea site town of the UK. There are events, conferences and just families having they holiday at the beach

    • @estudiantes68
      @estudiantes68 Месяц назад

      @@charlesogier6469 In Blackpool you can visit the birth place of Chris Lowe, the Pet Shop Boys keyboardist.

  • @vm5773
    @vm5773 7 дней назад +1

    Don't get me wrong. Buenos Aires is a beautiful city, so if you are buying for your own personal use, then that is understandable, but clearly not for any sort of rental investment play.

  • @terrcoin
    @terrcoin Месяц назад +2

    I heard that you need to walk around with bags of cash when you buy a car or real estate. Personally, I am not ready for this. The banking system of Argentina does not inspire confidence and I am afraid to deposit my money in an Argentine bank if it is a large amount. I think real estate in this country is unreasonably expensive because people use concrete as a way to save money from banking crises. This additional function of real estate makes it not what it is in countries with a functioning banking system.
    If we say that the price is low, but there is no profit, then either the price should go down, or the rent should go up. I don't see how rent can double. But I do see how real estate can fall after another economic crisis.

    • @estudiantes68
      @estudiantes68 Месяц назад +2

      Someone I know bought a wooden house in the outskirts of Atlanta for 300,000 dollars, and you say that a concrete apartment in Buenos Aires at 200,000 is expensive?
      In the US you need a car to buy the most basic things. Here in Buenos Aires, I can walk to a nearby bakery or supermarket a 3 a.m., if I want, because some of them do not close at night. It's just a different lifestyle.

    • @estudiantes68
      @estudiantes68 Месяц назад +1

      You don't need to walk with bags of cash. A bunch of 10,000 dollars in hundreds notes is about 1.5 centimeter high.
      Instead of depositing your dollars in an Argentine bank, you could buy bonds in the US (like the AL30), and sell them as "cable dollar" (AL30C) right after you buy the apartment. These bonds will be transferred to your account in an Argentine broker, and you'll be able to exchange them immediatly into dollars, that you will transfer from your Argentine bank account to the seller's.

    • @alexg6702
      @alexg6702 28 дней назад

      @@estudiantes68 real estate transactions for the most part are in USD. For non-Argentines ans clever ones the transaction can take place outside of the country, for example Uruguay, long the safe haven for Argentines.

  • @bravoatila8103
    @bravoatila8103 25 дней назад +1

    nice...thank you

  • @Leonel-k1b
    @Leonel-k1b 16 дней назад +1

    This guy’s English is impeccable, actually you realize he might be Argentine by his pronunciation of “Palermo”. At some point He must have grown up in US.

  • @charlesogier6469
    @charlesogier6469 Месяц назад +2

    This real estate agent looks a bit like Bruno Genesio, the former coach of Lyon and Rennes football teams, former OL player. Nice German flag pull over and bomber jacket Ladislas.

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад

      @@charlesogier6469 😉

    • @intramotus
      @intramotus Месяц назад

      What the best websites to see properties for sale online ? Thanks

    • @alexg6702
      @alexg6702 29 дней назад

      @@intramotus Zonaprop

    • @Fuckus
      @Fuckus 19 дней назад

      Its himself, trying his best after divorce and loosing all😂😂

  • @RoughHistory
    @RoughHistory 11 дней назад +1

    As someone who lives in Buenos Aires anything close to Retiro is just bad, the zone is going to the toilet. Palermo prices are overvalued and got so packed with tourists that people don't like it anymore. Best kept secret: Boedo, Caballito, Parque Chacabuco, those neighborhoods are the 3 hidden jewels for Real Estate Investment right now.

  • @bobbyb2725
    @bobbyb2725 9 дней назад +1

    This guy has very accurate American accent

  • @rightright6582
    @rightright6582 5 дней назад

    200k /600 sf apt. Something does not match here. It is way more expensive than an apt in Coral Gables Miami with bay access via water canal.

  • @zelareka
    @zelareka Месяц назад +2

    great video ! but you can get better returns in many european countries, why invest in latin america?

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад +1

      Thank you. A different set of objectives and lifestyle.

    • @terrcoin
      @terrcoin Месяц назад

      Something bad has to happen for Argentina's real estate to become adequately priced. Today it does not make investment sense not only in BA but throughout the country.

    • @info781
      @info781 Месяц назад +2

      As he said, weather and time zone, no jet lag going to BA from east cost of North America and winter is summer, Europe is cold in the winter.

    • @estudiantes68
      @estudiantes68 Месяц назад +2

      Because Europe could be erased from the map if the crazy guy in Russia presses a button.

    • @zelareka
      @zelareka Месяц назад

      @@estudiantes68 maybe the crazy guy sits in the white house

  • @thefilipinapee
    @thefilipinapee 22 дня назад

    I have ocean front property with a beach house for sale in Arizona 🤪

  • @salvadorortiz1774
    @salvadorortiz1774 Месяц назад +8

    Bro no one is paying $80 a night in buenoes aires, there are tons of the same apartments like this under 40 a night

  • @GrandChessboard
    @GrandChessboard Месяц назад +4

    Those prices are not cheap really. They are OK, depending on the other costs. $180000 is the same price as renting a 1000 apartment there for 15 years. The prices of those places go down over time anyways due to inflation. Not a great investment for real estate. Go to Uruguay and the prices will keep up with inflation.

    • @estudiantes68
      @estudiantes68 Месяц назад +1

      Nobody wants to live in Uruguay. There's nothing to do there.

    • @GrandChessboard
      @GrandChessboard Месяц назад +2

      @@estudiantes68 Yeah, it is lame unless you like the country or beach. Anything else go to B.A. or Brazil. Uruguay is a good middle area.

    • @alexg6702
      @alexg6702 Месяц назад +1

      @@estudiantes68Wrong, ignorance is not bliss!

    • @alexg6702
      @alexg6702 Месяц назад

      Agree, both apartment choices, while interesting, were probably not the best in terms of rental return. They did use conservative estimates though.

    • @GrandChessboard
      @GrandChessboard Месяц назад

      @@alexg6702 If you think it is a good investment for the future then maybe.

  • @MM-ly7be
    @MM-ly7be 28 дней назад +1

    hellooo how do you get buying apartments all over the world dude!!!!!what's the secrete ?

    • @TheWanderingInvestor
      @TheWanderingInvestor  28 дней назад +1

      @@MM-ly7be I didn’t buy in Argentina 🫤

    • @MM-ly7be
      @MM-ly7be 28 дней назад

      @TheWanderingInvestor oooooh, found your channel yesterday,and I saw you've bought a couple of appartaments eg Nairobi Kenya ,Is It a cool deal?

  • @GeeGee19
    @GeeGee19 Месяц назад +9

    It was great to see the Argentina president hanging out with President Trump last week in Florida. MAGA Make Argentina Great Again ❤❤❤

    • @alexg6702
      @alexg6702 Месяц назад +2

      When you look into it, Millei’s economic policies are quite different to Trump’s. He is ian accomplished economist, Trump is more populist. There is a VisualPolitik video that highlights the differences. Nevertheless Millei has found a some common ground with the Donald and is cleverly playing along to get support his country needs going forward, namely trade and dollars…and lots if them! Millei speaks like an intelligent rebel, Trump speaks like a mob boss from New Jersey. Somewhere there is a thread of unity.

    • @GeeGee19
      @GeeGee19 Месяц назад

      @alexg6702 Trump is a blessing for the USA. Since his victory two weeks ago my stock portfolio is up 35% 70k upswing in 16 days it's truly incredible the magic trump posseses. I don't own Bitcoin but look at Bitcoin it's up to 95k I think Bitcoin is up 40k in two weeks. We live on incredible times trump will make all Americans richer. Elon musk will give all Americans 2000$ a month universal basic income each and every month until they die.

    • @xantiom
      @xantiom 25 дней назад

      ​@@alexg6702finally someone who sees the difference.
      Trump talks like a babbling idiot, and has zero ideologies.
      Milei is a academician who knows what he is talking about.
      Milei just copied Trump's style, but Milei actually has substance.
      The irony is that Milei doesn't seem to know it.

    • @GeeGee19
      @GeeGee19 22 дня назад

      @@xantiom oh please your talking nonsense. You must have rocks in your head. trump is a true boss man how could you not love him ♥️

  • @1alfonsorico
    @1alfonsorico 21 день назад

    Run Forrest, run !!!!

  • @darioadrianz
    @darioadrianz 19 дней назад +1

    A ese lo conozco!

  • @proTRUMPproREALMADRID
    @proTRUMPproREALMADRID Месяц назад +3

    There is NO WAY there is a 92% occupancy rate...

    • @julianatlas5172
      @julianatlas5172 27 дней назад +2

      I'm from Buenos Aires and I think long term 92% occupancy is very reasonable

  • @Baz35712
    @Baz35712 Месяц назад +1

    Seems there’s no yield anywhere

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад

      Net yield on real estate is hard to obtain in this world. You really need to look for it.

  • @maple_john
    @maple_john Месяц назад +3

    Really bad yields. But thank you for showing the breakdown!

  • @nacholla7866
    @nacholla7866 16 дней назад

    If you have money and you are from the US. Why would you invest in Argentina instead of places like Iowa, Wisconsin or other areas of the midwest? Is a political or economicak decision? Over this , moving money to another country and distance administration?

  • @JanetTrout-x7z
    @JanetTrout-x7z 8 дней назад

    People buy real estate high and sell low. If prices go up, everyone will want to buy

  • @IvanAkinfiev
    @IvanAkinfiev 21 день назад

    4.15% of a two year contract comes out to a month's rent

  • @Royaldane375
    @Royaldane375 Месяц назад +36

    How do I trust an Argentine who sounds like he lives in Tennessee?! 😜

    • @boodog4023
      @boodog4023 Месяц назад +13

      Tennessee!!!? Uh more like New York--definitely Yankee and not Southern....

    • @Molloy1951
      @Molloy1951 Месяц назад +6

      It seems you’re not familiar with the Tennesseean accent. His accent is closer to Connecticut,
      upper-class NYC, Rhode Island.

    • @ana1ysis
      @ana1ysis Месяц назад +3

      Maybe trust him BECAUSE he has an American accent?

    • @alexg6702
      @alexg6702 28 дней назад +1

      @@Molloy1951 This descriptive is more accurate than the previous. After all Max’s grandmother is from New York, so highly likely he spent time there in that past.

    • @jipcanada
      @jipcanada 19 дней назад +6

      ​@ana1ysis i am argentinean. His English is awesome, but he gives away that he is argentinean when he pronounces Plaza San Martin, Retiro and Palermo Soho... as well as some little nuances that a non argentinean would not pick up

  • @jaimito2525
    @jaimito2525 23 дня назад +1

    Before doing anything you need to go there and check things out like you would do at your home. It is very important to get different takes to get different opinions…I was born there an d some info is not what it seems, some areas you would not do any business and or want to live there. Also with such bad economic history not the place to invest in property sorry to burst the bubble

  • @NGS2410
    @NGS2410 16 дней назад

    Conclusion: real state in Argentina never was a good investment and now a days is still the same.

  • @monikamontes3351
    @monikamontes3351 17 дней назад +1

    To the real state agent please send me your free book

    • @TheWanderingInvestor
      @TheWanderingInvestor  17 дней назад

      Send Max a message and he’ll forward it to you: thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-agent-in-buenos-aires/

  • @gabito3636
    @gabito3636 2 дня назад

    very unsafe balcony

  • @aap2827
    @aap2827 10 дней назад

    TLDR its below 6% net yield, dont invest.

  • @nicolasd8571
    @nicolasd8571 13 дней назад

    Jaja esa zona de retiro está para dinamitarla, 189 mil dólares por ese depto chiquito. Que estafa!

  • @formxshape
    @formxshape Месяц назад +2

    I don’t know… Bitcoin would a better investment with less stress.

    • @alexg6702
      @alexg6702 29 дней назад

      Bitcoin could be good to take with you to a safe bolthole faraway when Europe goes to hell in a handbag with crazy guy pressing buttons. Just a thought!

  • @ern696
    @ern696 17 дней назад

    Aca están los que ganaron con milei, los anglosajones

  • @cwolff
    @cwolff Месяц назад

    Max seems quite knowledgable and sophisticated. the interviewer... much less so

  • @JoeyBlogs007
    @JoeyBlogs007 15 дней назад

    Sounds like a scam.

  • @ethicalskeptic
    @ethicalskeptic 10 дней назад

    Both way overpriced. Next

  • @InMails-y5f
    @InMails-y5f Месяц назад +3

    If they give immediate passport for investing 180k then all this could probably make sense, else I won’t put a dime in this falling apart concrete jungle 😅
    kiss my … it’s like Europe, it’s far from it! Any comparison should be with Venezuela 🇻🇪

    • @estudiantes68
      @estudiantes68 Месяц назад +2

      You don't know what you're talking about. According to The Economist, Buenos Aires is the most liveable city in Latin America, and has a rate of about 80 points (similar to New York). Other cities in America (like México's capital) was given 40 points. Venezuela didn't make the list.

    • @InMails-y5f
      @InMails-y5f 29 дней назад +1

      @ yeah economist is a joke?

    • @alexg6702
      @alexg6702 29 дней назад

      @@estudiantes68 Agree, @InMails-y5f obviously hasn't been there.

    • @alexg6702
      @alexg6702 29 дней назад

      @@InMails-y5f It's smarter than some distant armchair critics!

    • @skiplulu9824
      @skiplulu9824 28 дней назад

      @estudiantes68, si, estoy de acuerdo, you can walk in a restaurant in BA at 11PM, and order a dinner, but in Mexico City, almost all restaurants are closed by 8 PM

  • @constanzamejia-arango514
    @constanzamejia-arango514 22 дня назад

    Everything was going well until we got to the “socialist nonsense” part. Very disrespectful

  • @adriansaw8329
    @adriansaw8329 Месяц назад

    Owners own their properties outright...with no leverage so they can play the waiting game...ridiculous as that might seems to ppl from the Anglosphere

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад +2

      @@adriansaw8329 Healthier in many ways

    • @privateprivate921
      @privateprivate921 Месяц назад

      The real estate market in Argentina is illiquid.. you can not find any financial intuition that will give you any type of mortgage on real estate !!! So what and find the one in 50k that will pay cash .

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад

      @ Yes, very illiquid.

    • @privateprivate921
      @privateprivate921 Месяц назад

      @@TheWanderingInvestor so it’s not an investment it’s more like a donation.

    • @alexg6702
      @alexg6702 29 дней назад

      Yes, you can purchase something in a decent location in an unleveraged market with the equivalent of a small deposit in a leveraged 'Anglosphere'market with out a big reduction in sophistication.

  • @derekwatson7037
    @derekwatson7037 Месяц назад +3

    Rip off prices from this guy. LOL.

  • @antoniocorleone3986
    @antoniocorleone3986 Месяц назад +2

    Buy a rental in Argentina where no one has the money for rent. Hmmmmmmm

  • @dr.nicolaekrilovici5775
    @dr.nicolaekrilovici5775 8 дней назад

    Both to expensive for Argentina !!!the second is out of question…

  • @antoniocorleone3986
    @antoniocorleone3986 Месяц назад +2

    Milei is a nonpracticing economist and he doesn’t know how to run a country.

    • @alexg6702
      @alexg6702 29 дней назад

      Cannot be any worse than the practicing career populist politicians he replaced!

    • @nicolasfigueroa3777
      @nicolasfigueroa3777 11 дней назад

      lol, kuka cogida