The best locations in Buenos Aires. New construction apartments in the heart of Palermo. Palermo covers a large swath of residential Buenos Aires, including Palermo Viejo, Palermo Alto, and Palermo Chico as well as Palermo Park. Palermo Viejo is a large area that can be further subdivided into Palermo Soho and Palermo Hollywood. Palermo Hollywood is home to the trendiest restaurants in Buenos Aires. The cost of living in Argentina is quite low, so your retirement funds will be able to stretch a long way in this part of the world. The nation is recovering from its past economic recession, so right now you have the best of both worlds: Prices are low, and the economy is improving.
This second fact means that there are lots of opportunities at the moment for making investments in Argentina as well, perhaps helping to fund your Argentine retirement. You can live in the gorgeous metropolis of Buenos Aires, which is full of culture, art and museums. Or if you are searching for more tranquility for your retirement, then you can set yourself up on a stunning private ranch in the beautiful Argentine countryside.
The capital has all the symbols of modernity: joggers, Internet cafés, ubiquitous cell phones, women who have clearly resorted to plastic surgery, psychiatrists and real-estate agents, health-food stores and overpriced folklore boutiques. There is a large expatriate community in the northern suburbs of the city, where you’ll find supermarkets with shelves stocked with familiar American products.
All indications are that an investment in an apartments in jerusalem for sale is a good one. If this interests you, you have two options:
- You can buy something small, something that would be considered a starter home for a single person or a couple;
- Or you can buy a larger unit, a “classic” apartment in one of the better neighborhoods.
A smaller apartment would make a good long-term rental on the local market, returning a good profit with minimal hassle. Given the current economic crisis in this country, though, eviction could be a potential worry. However, laws in Argentina are similar to those in the United States, and the eviction process isn’t overly difficult.