🇦🇷 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/
@TheTruthBehindThisАй бұрын
Please do a video on Ghana real estate.
@TheWanderingInvestorАй бұрын
@ Much more expensive than Kenya, for a weaker economy
@edgomon15 күн бұрын
Great video.. i bought in puerto vallarta
@LucasDaRonco22 күн бұрын
This dude makes me proud to be Argentinian. The knowledge and the English level is top notch.
@JuanAndrada-z8s17 күн бұрын
Muchos argentinos hablan bien inglés. Todo depende de donde te educaste y donde viviste además de Argentina.
@drewmorg.11 күн бұрын
@@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.
@aap282710 күн бұрын
so what speaking good english is a basic prerequisite in todays world, even Africans speak it
@iaf44548 күн бұрын
There are lots of us who manage to speak english at his level...
@LucasDaRonco8 күн бұрын
@@drewmorg. This
@cienfuegospapaАй бұрын
Very impressed with Max's presentation, very detailed and knowledgeable. Great pick to work with Ladislas!
@TheWanderingInvestorАй бұрын
@@cienfuegospapa Thank you! Yes, Max is really great 👍
@jamesrandolph3964Ай бұрын
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. ❤
@TheWanderingInvestorАй бұрын
Thank you. My pleasure!
@chriskunze7138Ай бұрын
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.
@Fuckus19 күн бұрын
Argentina is only nice without Argentinians
@pabloalonso908316 күн бұрын
Que buen nivel de ingles 👏👏👏
@franwyler391522 күн бұрын
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!
@whatsmynoise29 күн бұрын
Everything is good in this video. Thank you. Greetings from Argentina.
@keithfolse406814 күн бұрын
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.)
@TheWanderingInvestor14 күн бұрын
Thank you. Noted 😉
@cmv8813 күн бұрын
Its Milei
@keithfolse406813 күн бұрын
@@cmv88 It's not about the spelling. I wrote MI-LAY to help him pronounce it correctly as an English speaker.
@cmv8810 күн бұрын
@@keithfolse4068 oh i get it now , sorry 😅
@saml8967Ай бұрын
Really great video! The first apartment looked amazing.
@chogno9814 сағат бұрын
This was an outstanding presentation. Well done guys! And VLLC.
@TheWanderingInvestor12 сағат бұрын
@@chogno98 Thank you 🙏
@RJ-ry5quАй бұрын
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.
@TheWanderingInvestorАй бұрын
Thank you. Nice. Yes, very decent way to play the market 👍
@intramotusАй бұрын
What the best websites to see properties for sale online ? Thanks
@identiybodegaАй бұрын
Tell me more
@fnmolina29 күн бұрын
@@intramotus zonaprop
@alexg670229 күн бұрын
@@intramotus Zonaprop is probably the best and easiest to navigate..
@adriansaw8329Ай бұрын
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.
@rjh2772Ай бұрын
what is the price to rent long-term for gringo
@privateprivate921Ай бұрын
500 USA
@anamartinezramos512325 күн бұрын
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-livinggАй бұрын
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.
@bitminer8956Ай бұрын
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.
@claudiovallone921726 күн бұрын
Outside Buenos aires city, san isidro, martinez, olivos are great
@edgomon15 күн бұрын
Thanks!
@TheWanderingInvestor15 күн бұрын
@@edgomon Thank you 🙏
@ivanchernenko9879Ай бұрын
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
@guillesrl75696 күн бұрын
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-o5u15 күн бұрын
How can get a list of the Buenos Aires short term apartments for rent in the downtown area?
@carefulconsumer868222 күн бұрын
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.
@TheWanderingInvestor22 күн бұрын
@@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 👍
@soundslight7754Ай бұрын
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 :)
@TheWanderingInvestorАй бұрын
@@soundslight7754 lol
@Fuckus19 күн бұрын
golfooo
@estudiantes68Ай бұрын
33:31 "compared to western countries"... I didn't know that I was living in the East!
@Fuckus19 күн бұрын
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.
@darioadrianz19 күн бұрын
man's beyond biased smh
@juderaymond2289Ай бұрын
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?
@stevebryan57795 күн бұрын
This Argentinian guy could be your next door neighbor---good guy it seems.
@CasaBlancaShow_22 күн бұрын
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
@TheWanderingInvestor22 күн бұрын
Yes, prices have gone up in the past few months. Thank you.
@davidanalyst671Ай бұрын
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.
@TheWanderingInvestorАй бұрын
@@davidanalyst671 thanks, glad you liked the analysis.
@intramotusАй бұрын
What the best websites to see properties for sale online ? Thanks
@alexg670229 күн бұрын
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.
@TheWanderingInvestor29 күн бұрын
@@alexg6702 Thank you Alex 🙏
@beaniril8870Ай бұрын
200k USD in USD only, really? I heard locals are allowed to exchange from local currency to usd max of $200 per month USD in argentina is like gold and to pay that tiny apt 200k in USD is like winning in lottery. 1 usd to argentina peso is 1000. In black market you can get 2000 peso to 1 usd but its illegal though. IOW: to pay 200k USD is like paying 400k USD for that tiny apt. The real value of that apt should be less than 80k USD if one consider the volatility of the argintine peso.
@estudiantes68Ай бұрын
You should check your facts. Anyone can buy as many dollars as they want, LEGALLY. There are state issued bonds which can be bought in pesos and sold in dollars. That's what we call "dollar MEP" (1081 pesos = 1 dollar), which is LEGAL. The official dollar rate is worth 1027 pesos, whereas the black market dolar is at 1135 (not 2000, like you said). The gap between all rates is converging as time goes by. The value is decided by the market, not by buthurt "latinos" comments in social media.
@nicolasfigueroa377711 күн бұрын
everything you a telling is old, that is from a 1 year ago.
@Easyservice-x8q27 күн бұрын
I liked your discussion very much
@Easyservice-x8q21 күн бұрын
Your views are much less than before.You work hard to make videos, your videos are very good.If you leave the video on a weekend, you will get a lot of views
@4ce5bf15411 күн бұрын
20 years ago took me 3 years to finally sell a duplex apartment in Caballito after a huge discount, the price of that apartment has hardly gone up if we calculate the inflation over that period of time while in the rest of the world has x2 or x3...
@GeeGee19Ай бұрын
Renting is a no brainer in a country like Argentina. 200k to buy vs 900$ or less to rent. Renting is the obvious choice
@jasonthomas9453Ай бұрын
Yet he claims it’s a buyers market. Seems agents are the same everywhere.
@privateprivate921Ай бұрын
Believe me it’s a complete and utter lie what this agent is saying!!!
@gsabicАй бұрын
@@privateprivate921 what part is a lie?
@anamartinezramos512325 күн бұрын
if you buy now you sell for twice the price in 2 years.
@GeeGee1925 күн бұрын
@anamartinezramos5123 It's impossible for you to believe what you wrote. Those apartments won't double on price in 50 years 🤡🤡
@WhathetruthisАй бұрын
🙏, thank you, very informative!
@soundslight7754Ай бұрын
I take it mortgages are available to locals only, right?
@TheWanderingInvestorАй бұрын
@@soundslight7754 correct
@kkreasy7296Ай бұрын
So much good info .. instant follow
@CryptAnalyticsАй бұрын
Hello from BA! :)
@drewmorg.11 күн бұрын
Milei has earned me Double or triple my investment in the stock market playing Argentine stocks. I love this country.
@TheWanderingInvestor11 күн бұрын
@@drewmorg. well done
@Politik-mit-Kopf8 күн бұрын
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.
@bolivianprince732626 күн бұрын
I'm interested buying real state in Salta not in BA. Do you have some contact?
@TheWanderingInvestor26 күн бұрын
@@bolivianprince7326 Sure, you can reach out to Max here: thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-agent-in-buenos-aires/
@samk4402Ай бұрын
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.
@intramotusАй бұрын
What the best websites to see properties for sale online ? Thanks
@alexg670229 күн бұрын
@@intramotus Zonaprop
@jorgeferreiro9783Ай бұрын
You should list Max's contact information. He seems very knowledgeable
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.
@estudiantes68Ай бұрын
The actual population of the metro area is 16 or 17 million, depending on wether or not you're taking La Plata into account.
@jet879728 күн бұрын
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
@wasupmike2222 күн бұрын
From the middle of the video, the image looks blurry like you filemd through a placenta. Apart from that, good info. Thank you!
@TheWanderingInvestor22 күн бұрын
@@wasupmike22 lol, yes. Small technical issue.
@privateprivate921Ай бұрын
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.
@info781Ай бұрын
Great investors always buy when things are bad , but getting better, if you wait for it to be good, you are too late.
@privateprivate921Ай бұрын
@ 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.
@gsabicАй бұрын
@@privateprivate921 Is illiquid because there is no 30y loans, becouse of high inflation but that is changing really fast
@estudiantes68Ай бұрын
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.
@nicolasd857113 күн бұрын
@@estudiantes68 LOL good luck not getting robbed or stabbed at "retiro", one of the locations of the first apartment
@proTRUMPproREALMADRIDАй бұрын
$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...
@TheWanderingInvestorАй бұрын
@@proTRUMPproREALMADRID Definitely a capital gains play rather than a yield play yes
@henryl15729 күн бұрын
not a big return, thanks for the information. guess i’ll invest in other things.
@annabellejohnson3549Ай бұрын
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?
@alexg670229 күн бұрын
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.
@intramotusАй бұрын
What the best websites to see properties for sale online ? Thanks
@cjiniguezАй бұрын
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
@alexg670229 күн бұрын
Zonaprop
@jet879728 күн бұрын
Argenprop, Zonaprop, Mercado Libre, Remax
22 күн бұрын
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
@davidanalyst671Ай бұрын
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?
@TheWanderingInvestorАй бұрын
@@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 😅
@alexg670229 күн бұрын
@@TheWanderingInvestor You can find smaller properties in nice areas for under 100K
@alexanderprykhodko876926 күн бұрын
@@alexg6702how i can find such deals? Below 100k, great location, Palermo, etc
@Politik-mit-Kopf8 күн бұрын
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-cp5wcАй бұрын
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.
@TheWanderingInvestorАй бұрын
@@RS-cp5wc I just reported you 😜
@hugoadame231717 күн бұрын
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.
@NGS241017 күн бұрын
Yo have to buy in Lanús, Buenos Aires, for a nice investment.
@agv-estudios26 күн бұрын
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-Kopf8 күн бұрын
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.
@rasplay576122 күн бұрын
one big problem it that swift doesnt work in Argentina, you cant just simply transfer money
@synewparadigm14 күн бұрын
Bitcoin?
@vicnas6893Ай бұрын
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.
@TheWanderingInvestorАй бұрын
@@vicnas6893 the monthly charges / services charges are mentioned in the case study numbers.
@info781Ай бұрын
I always like to know the maintenance fees as well, they can be super high.
@reneschaefer4027Ай бұрын
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%
@charlesogier6469Ай бұрын
Where about in the North of England ? (Newcastle ?) Long term rentals, fully furnished ?
@reneschaefer4027Ай бұрын
@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%
@charlesogier6469Ай бұрын
@reneschaefer4027 that's impressive. What kind of tourism in blackpool ?
@reneschaefer4027Ай бұрын
@@charlesogier6469 Blackpool is the biggest sea site town of the UK. There are events, conferences and just families having they holiday at the beach
@estudiantes68Ай бұрын
@@charlesogier6469 In Blackpool you can visit the birth place of Chris Lowe, the Pet Shop Boys keyboardist.
@vm57737 күн бұрын
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.
@terrcoinАй бұрын
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.
@estudiantes68Ай бұрын
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.
@estudiantes68Ай бұрын
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.
@alexg670229 күн бұрын
@@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.
@bravoatila810325 күн бұрын
nice...thank you
@Leonel-k1b16 күн бұрын
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.
@charlesogier6469Ай бұрын
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.
@TheWanderingInvestorАй бұрын
@@charlesogier6469 😉
@intramotusАй бұрын
What the best websites to see properties for sale online ? Thanks
@alexg670229 күн бұрын
@@intramotus Zonaprop
@Fuckus19 күн бұрын
Its himself, trying his best after divorce and loosing all😂😂
@RoughHistory12 күн бұрын
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.
@bobbyb27259 күн бұрын
This guy has very accurate American accent
@rightright65825 күн бұрын
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.
@zelarekaАй бұрын
great video ! but you can get better returns in many european countries, why invest in latin america?
@TheWanderingInvestorАй бұрын
Thank you. A different set of objectives and lifestyle.
@terrcoinАй бұрын
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.
@info781Ай бұрын
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.
@estudiantes68Ай бұрын
Because Europe could be erased from the map if the crazy guy in Russia presses a button.
@zelarekaАй бұрын
@@estudiantes68 maybe the crazy guy sits in the white house
@thefilipinapee22 күн бұрын
I have ocean front property with a beach house for sale in Arizona 🤪
@salvadorortiz1774Ай бұрын
Bro no one is paying $80 a night in buenoes aires, there are tons of the same apartments like this under 40 a night
@GrandChessboardАй бұрын
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.
@estudiantes68Ай бұрын
Nobody wants to live in Uruguay. There's nothing to do there.
@GrandChessboardАй бұрын
@@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.
@alexg6702Ай бұрын
@@estudiantes68Wrong, ignorance is not bliss!
@alexg6702Ай бұрын
Agree, both apartment choices, while interesting, were probably not the best in terms of rental return. They did use conservative estimates though.
@GrandChessboardАй бұрын
@@alexg6702 If you think it is a good investment for the future then maybe.
@MM-ly7be28 күн бұрын
hellooo how do you get buying apartments all over the world dude!!!!!what's the secrete ?
@TheWanderingInvestor28 күн бұрын
@@MM-ly7be I didn’t buy in Argentina 🫤
@MM-ly7be28 күн бұрын
@TheWanderingInvestor oooooh, found your channel yesterday,and I saw you've bought a couple of appartaments eg Nairobi Kenya ,Is It a cool deal?
@GeeGee19Ай бұрын
It was great to see the Argentina president hanging out with President Trump last week in Florida. MAGA Make Argentina Great Again ❤❤❤
@alexg6702Ай бұрын
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.
@GeeGee19Ай бұрын
@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.
@xantiom25 күн бұрын
@@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.
@GeeGee1922 күн бұрын
@@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 ♥️
@1alfonsorico21 күн бұрын
Run Forrest, run !!!!
@darioadrianz19 күн бұрын
A ese lo conozco!
@proTRUMPproREALMADRIDАй бұрын
There is NO WAY there is a 92% occupancy rate...
@julianatlas517227 күн бұрын
I'm from Buenos Aires and I think long term 92% occupancy is very reasonable
@Baz35712Ай бұрын
Seems there’s no yield anywhere
@TheWanderingInvestorАй бұрын
Net yield on real estate is hard to obtain in this world. You really need to look for it.
@maple_johnАй бұрын
Really bad yields. But thank you for showing the breakdown!
@nacholla786616 күн бұрын
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-x7z8 күн бұрын
People buy real estate high and sell low. If prices go up, everyone will want to buy
@IvanAkinfiev21 күн бұрын
4.15% of a two year contract comes out to a month's rent
@Royaldane375Ай бұрын
How do I trust an Argentine who sounds like he lives in Tennessee?! 😜
@boodog4023Ай бұрын
Tennessee!!!? Uh more like New York--definitely Yankee and not Southern....
@Molloy1951Ай бұрын
It seems you’re not familiar with the Tennesseean accent. His accent is closer to Connecticut, upper-class NYC, Rhode Island.
@ana1ysisАй бұрын
Maybe trust him BECAUSE he has an American accent?
@alexg670229 күн бұрын
@@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.
@jipcanada19 күн бұрын
@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
@jaimito252523 күн бұрын
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
@NGS241017 күн бұрын
Conclusion: real state in Argentina never was a good investment and now a days is still the same.
@monikamontes335117 күн бұрын
To the real state agent please send me your free book
@TheWanderingInvestor17 күн бұрын
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/
@gabito36363 күн бұрын
very unsafe balcony
@aap282710 күн бұрын
TLDR its below 6% net yield, dont invest.
@nicolasd857113 күн бұрын
Jaja esa zona de retiro está para dinamitarla, 189 mil dólares por ese depto chiquito. Que estafa!
@formxshapeАй бұрын
I don’t know… Bitcoin would a better investment with less stress.
@alexg670229 күн бұрын
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!
@ern69617 күн бұрын
Aca están los que ganaron con milei, los anglosajones
@cwolffАй бұрын
Max seems quite knowledgable and sophisticated. the interviewer... much less so
@TheWanderingInvestorАй бұрын
@@cwolff thank you for the very constructive comment
@estudiantes68Ай бұрын
@@TheWanderingInvestor hahaha
@JoeyBlogs00716 күн бұрын
Sounds like a scam.
@ethicalskeptic10 күн бұрын
Both way overpriced. Next
@InMails-y5fАй бұрын
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 🇻🇪
@estudiantes68Ай бұрын
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-y5f29 күн бұрын
@ yeah economist is a joke?
@alexg670229 күн бұрын
@@estudiantes68 Agree, @InMails-y5f obviously hasn't been there.
@alexg670229 күн бұрын
@@InMails-y5f It's smarter than some distant armchair critics!
@skiplulu982428 күн бұрын
@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-arango51422 күн бұрын
Everything was going well until we got to the “socialist nonsense” part. Very disrespectful
@TheWanderingInvestor22 күн бұрын
@@constanzamejia-arango514 look where it brought you
@adriansaw8329Ай бұрын
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
@TheWanderingInvestorАй бұрын
@@adriansaw8329 Healthier in many ways
@privateprivate921Ай бұрын
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 .
@TheWanderingInvestorАй бұрын
@ Yes, very illiquid.
@privateprivate921Ай бұрын
@@TheWanderingInvestor so it’s not an investment it’s more like a donation.
@alexg670229 күн бұрын
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.
@derekwatson7037Ай бұрын
Rip off prices from this guy. LOL.
@antoniocorleone3986Ай бұрын
Buy a rental in Argentina where no one has the money for rent. Hmmmmmmm
@dr.nicolaekrilovici57758 күн бұрын
Both to expensive for Argentina !!!the second is out of question…
@antoniocorleone3986Ай бұрын
Milei is a nonpracticing economist and he doesn’t know how to run a country.
@alexg670229 күн бұрын
Cannot be any worse than the practicing career populist politicians he replaced!