Investment Property in Comodoro Rivadavia

Investment Real Estate in Comodoro Rivadavia

Comodoro Rivadavia property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Comodoro Rivadavia and LATAM .

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Searchable Map of Comodoro Rivadavia Investment Real Estate

Comodoro Rivadavia (Spanish pronunciation: [komoˈðoɾo riβaˈðaβja]) is a city in the Patagonian province of Chubut in southern Argentina, located on the San Jorge Gulf, an inlet of the Atlantic Ocean, at the foot of the Chenque Hill. Comodoro Rivadavia is the most important city of the San Jorge Basin^{[citation needed]}, and the largest city south of the southern 45th parallel.

The city is often referred to simply as Comodoro. It was at one time the capital of the Comodoro Rivadavia Territory, which existed from 1943 to 1955. The territory was a part of Chubut before and after its creation, and the city became the capital of the Escalante Department. It had a population of 137,061 at the 2001 census [INDEC], and grew to 182,631 by the 2010 census.

Comodoro Rivadavia is a commercial and transportation center for the surrounding region, the largest city of Chubut, and an important export point for a leading Argentine petroleum district. A 1,770 km pipeline conveys natural gas from Comodoro Rivadavia to Buenos Aires.

Founded by decree on February 23, 1901, as a port for the inland settlement of Sarmiento, the first settler was Francisco Pietrobelli. Early settlers included Boers escaping British rule in South Africa, as well as Welsh settlers.

The town was named in honour of shipping minister Martín Rivadavia, a proponent of the development of Southern Argentina. It has been prosperous since 1907, when a drilling crew searching for water struck oil at a depth of 539 m.

The city is the home of the main faculty of the National University of Patagonia San Juan Bosco. The Cathedral is the seat of the Diocese of Comodoro Rivadavia, of which the Bishop is, since 2005, Virginio Domingo Bressanelli. The Cathedral is dedicated to San Juan Bosco, the only cathedral in the world dedicated to the founder of the Salesian Order. It was inaugurated in 1979, although the crypt itself had been dedicated in 1949.

Rada Tilly is a beach resort and now suburb 12 km south of Comodoro. The National Museum of Petroleum is located in the General Mosconi neighbourhood 3 km north of central Comodoro Rivadavia. It was opened in 1987 by the state-owned oil company YPF.

Comodoro Rivadavia is served by General Enrique Mosconi International Airport (Airport Code CRD/SAVC) with daily flights to Buenos Aires and many other Patagonian cities, as it is the main hub of LADE.

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The increasing financial and political stability of Comodoro Rivadavia has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Comodoro Rivadavia

Renting out your Comodoro Rivadavia buy-to-rent out investment property can grow wealth and income.

Whatever your goals with investment property in Comodoro Rivadavia are – preparation is key.

Set goals based on how much rental yield will be required and the local rental yield rates in Comodoro Rivadavia and be prepared to change your initial outlook.
Thoroughly research the Comodoro Rivadavia location with a special emphasis on fringe areas outside the main Comodoro Rivadavia metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Comodoro Rivadavia.
Ensure that your target investment property in Comodoro Rivadavia appeals to professionals. This is a demographic that ensures maximum income and low voids.
Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
You may think that managing your Comodoro Rivadavia properties yourself is an easy option, but are these savings justifiable when you run into Comodoro Rivadavia red tape? Physis Realty Comodoro Rivadavia office in downtown Comodoro Rivadavia provides you with peace-of-mind and leaves you time to plan your next move in the growing Comodoro Rivadavia buy-to-rent sector.

With our expert guidance, investing in Comodoro Rivadaviaprovides the secure knowledge that your money is working harder than it would in a local Comodoro Rivadavia bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Comodoro Rivadavia, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Comodoro Rivadavia property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Comodoro Rivadavia

Flipping property in Comodoro Rivadavia

Flipping property is when we advise clients to buy a Comodoro Rivadavia property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Comodoro Rivadavia market has a time to react to the renovation.

The Flipping Strategy in Comodoro Rivadavia

Investment property flipping in Comodoro Rivadavia is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Comodoro Rivadavia real estate investments are sometimes referred to by professionals as ‘distressed’ Comodoro Rivadavia real estate.

What is distressed Comodoro Rivadavia property:

Comodoro Rivadavia property in need of renovation
Comodoro Rivadavia real estate with a change of purpose and use
Oversold Comodoro Rivadavia property
Bank repossessions in Comodoro Rivadavia

Put simply, long term investors in Comodoro Rivadavia purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Comodoro Rivadavia investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Comodoro Rivadavia property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Comodoro Rivadavia use a minimum profit value of 22% when looking at potential Comodoro Rivadavia projects. The reason for this is because there are lots that can go wrong in Comodoro Rivadavia property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Comodoro Rivadavia

For luxury property investors hoping to add a superb property in Comodoro Rivadavia to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Comodoro Rivadavia, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Comodoro Rivadavia should be entrusted to only the highest-quality agency.

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