A New Buenos Aires Luxury Condo Development
5865 Nicaragua is a new luxury condominium development located in the upscale Palermo Hollywood neighborhood of Buenos Aires, Argentina. The building will be high-end, with top quality finish work standard and upgrades available.
The site, at 5865 Nicaragua between Carranza and Ravignani, is located in the heart of Palermo Hollywood. The location is within walking distance to some of the best restaurants, nightlife and shopping in Buenos Aires. It is blocks from the Buenos Aires Golf Club, the Hipodromo (race track) and the parks of Palermo. Just 2 blocks from Santa Fe, a major Avenue with a subway stop and other transportation alternatives. The area is arguably the most vibrant in Buenos Aires.
Construction is scheduled to begin December 2009 with completion by March 2011. This site should answer all your questions about the property and show you the enormous investment potential that is available. Please feel free to contact us with any additional questions or inquiries.
Each apartment is 29 square meters (approximately 312 square feet) and and is designed to provide full luxury in a small space allowing for the units to “live “much larger than they are and thus maximizing the investment return for the buyer.
Each apartment features:
The 5865 Nicaragua project was designed for people to have multiple options for their units. They can live in them full time, use as a vacation home, rent longer term, or rent short term.
We believe that the nightly rental option offers the best investment potential of the project. Based on 30% occupancy, the investor would receive over 10% a year in income net of management fees and expenses.
Please view our pro forma for some numbers based on different occupancy rates.
This project is unique in Argentina in a number of ways:
We invite you to explore the rest of the site to read more and contact us if you have any questions.
Floor plans and full building renders can be viewed at 5865ba.com.
Welcome to the web site for 5865 Nicaragua, a new luxury condominium development in the Palermo Hollywood neighborhood of Buenos Aires, Argentina.
This project is being developed and financed by Grupo EMR, which through its principals, has a combined experience of over 40 years in international business and finance. The architects for the project are Baylac-Wasserman Group which is one of the leading and most recognized architectural firms in Argentina with over 25 years of experience.
Please feel free to call us at 435-513-0820 with any questions or fill out the contact form at the right.
