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Author Topic: Property in Argentina, shared ownership  (Read 704 times)
jago25_98
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November 29, 2011, 02:54:18 PM
 #1

 Absolute minimum needing to purchase would be US$10,000.

 If it was to go ahead you would be dealing with a registered company. If you want to sell your share you are free to do so to anyone you wish to. The shared ownership contract would be copied from an example from mainland Spain and available in English. If >$40,000USD could be raised then a rental income could be possible too.

 There are a number of places to invest in depending on the funds available.

 I'm mostly gauging interest right now as I don't expect to raise enough to make this work. If you are interested pledge an amount you would invest (suggest as USD), and anything else.

 -j
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November 29, 2011, 03:08:38 PM
 #2

Absolute minimum needing to purchase would be US$10,000.

 If it was to go ahead you would be dealing with a registered company. If you want to sell your share you are free to do so to anyone you wish to. The shared ownership contract would be copied from an example from mainland Spain and available in English. If >$40,000USD could be raised then a rental income could be possible too.

 There are a number of places to invest in depending on the funds available.

 I'm mostly gauging interest right now as I don't expect to raise enough to make this work. If you are interested pledge an amount you would invest (suggest as USD), and anything else.

 -j

Cool! Can I see pics, property information, more about yourself?
Your post was a little on the vague side...

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Gerald Davis


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November 29, 2011, 03:44:46 PM
 #3

Absolute minimum needing to purchase would be US$10,000.

 If it was to go ahead you would be dealing with a registered company. If you want to sell your share you are free to do so to anyone you wish to. The shared ownership contract would be copied from an example from mainland Spain and available in English. If >$40,000USD could be raised then a rental income could be possible too.

 There are a number of places to invest in depending on the funds available.

 I'm mostly gauging interest right now as I don't expect to raise enough to make this work. If you are interested pledge an amount you would invest (suggest as USD), and anything else.

 -j

Cool! Can I see pics, property information, more about yourself?
Your post was a little on the vague side...

Exactly.  The post has less details than a $200 graphics card yet the pricetag is $10K.  The OP should post a novel (well maybe a novella).
chieffery
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November 29, 2011, 05:21:01 PM
 #4

Yeah, what province for starters?

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November 29, 2011, 05:35:57 PM
 #5

What is the address of the property?

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November 29, 2011, 06:52:37 PM
 #6

I think he's just feeling it out. This is a fairly common proposal (although usually among irl friends/family). He may never have stepped foot in Argentina, but that doesn't make this any less legit.

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jago25_98
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December 14, 2011, 01:04:26 AM
 #7

Ok, a very rough example.

Funds to raise are $20,000USD.
May be able to negoitate less by paying cash.

House is on Rio Negro, Mal Del Plata, Argentina. On a straight road to the sea in Argentinas main and busiest beach resort.

Bedrooms: 2 Bathrooms: 1 with some kind of garden area, garage. Small shop below the apartment.
Total Covered area: 60 m2 Lot Area total: 220 m2
Free Surface: 160 m2
I´m getting a house age of only 10 years.

All this would have to be confirmed of course.



Would have to get a better picture and visit the place too. I´m regularly in Argentina. Have plenty of contacts to help me navigate the house buying system.
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