Investment Property in Corrientes

Investment Real Estate in Corrientes

Investment Property in Corrientes
Investment Property in Corrientes

Corrientes 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 Corrientes and LATAM .

Get Our Latest List of Investment Property in Corrientes and LATAM

Searchable Map of Corrientes Investment Real Estate

Corrientes (Spanish pronunciation: [koˈrjentes] (About this soundlisten); Guaraní: Taragüí, literally: “Currents”) is the capital city of the province of Corrientes, Argentina, located on the eastern shore of the Paraná River, about 1,000 km (621 mi) from Buenos Aires and 300 km (186 mi) from Posadas, on National Route 12. It has a population of 346,334 according to the 2010 Census. It lies opposite its twin city, Resistencia, Chaco.

Corrientes has a mix of colonial and modern architecture, several churches and a number of lapacho, ceibo, jacaranda and orange trees. It is also home to one of the biggest carnival celebrations in the country.

The annual average temperature is 21.3 °C (70.3 °F). The annual rainfall is around 1,500 millimetres (59 in).

Get Our Latest List of Investment Property in Corrientes

The increasing financial and political stability of Corrientes 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 Corrientes

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

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

  • Set goals based on how much rental yield will be required and the local rental yield rates in Corrientes and be prepared to change your initial outlook.
  • Thoroughly research the Corrientes location with a special emphasis on fringe areas outside the main Corrientes metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Corrientes.
  • Ensure that your target investment property in Corrientes 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 Corrientes properties yourself is an easy option, but are these savings justifiable when you run into Corrientes red tape? Physis Realty Corrientes office in downtown Corrientes provides you with peace-of-mind and leaves you time to plan your next move in the growing Corrientes buy-to-rent sector.

With our expert guidance, investing in Corrientesprovides the secure knowledge that your money is working harder than it would in a local Corrientes 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 Corrientes, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Corrientes property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Corrientes

Flipping property in Corrientes

Flipping property is when we advise clients to buy a Corrientes 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 Corrientes market has a time to react to the renovation.

The Flipping Strategy in Corrientes

Investment property flipping in Corrientes 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 Corrientes real estate investments are sometimes referred to by professionals as ‘distressed’ Corrientes real estate.

What is distressed Corrientes property:

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

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

Calculate profit that you make from Corrientes investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

Luxury Property in Corrientes

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

Click Here for the Physis Realty Facebook Page

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

Get Our Latest List of Investment Property in Corrientes

Compare listings

Compare