More and more Argentinians are choosing this type of investment to increase their savings in dollars in one of the traditionally safest and most reliable markets. This is a trend driven by technology and internet access, which allows investing pesos in real estate assets valued in dollars and from very low amounts.
In the past, in order to access this type of opportunities, an investor had to have all the capital of the asset to be acquired. Those amounts, which on average exceeded $100,000, left out the vast majority of Argentine savers. Today there are solutions that allow investing not only in one project, but in several simultaneously, in pesos and directly from home.
Read more about Crowdium and find the most important finance news in the world with the Born2Invest mobile app, available for free for both Android and iOS devices.
Crowdium offers investors the possibility to dollarize their money
Crowdium, the first real estate crowdfunding platform in Argentina, allows access to the purchase of dollars without limit and channel them into the real estate market from 10,000 pesos. In this way, investors not only dollarize their pesos, but can also generate a return on their investment in one of the historically safest and most stable markets.
With more than 96,000 registered investors on the platform, Crowdium has become the largest real estate crowdfunding company in Latin America. It has funded 16 projects for more than US$13 million. As a fundamental milestone, it has already distributed to its investors returns of 30% in dollars in a term of 18 months and distributed rents of 12% per year in dollars in a project in Vaca Muerta, Añelo, in the province of Neuquén.
On this occasion, the company brings a new investment opportunity, HUB Cabildo II: a premium residential real estate development in the neighborhood of Núñez, in the City of Buenos Aires. After a successful first funding, a second stage is being launched. The project proposes to acquire well units at a fixed price with a significant discount on the developer’s list price for wholesale and cash purchase. “It is one of the most outstanding developments in the area, where the revaluation from the finished well exceeds 10% per year, which is estimated to generate a profitability between 25 and 35% in dollars in 36 months”, according to the company.
To access this opportunity, investors can register for free on Crowdium’s platform or call the investment advisors and create an account at no cost. Contributions are made by bank transfer to the trust account, which is managed by an independent public trustee.
The trustee registered with the National Securities Commission is in charge of the administration of the capital and the subsequent sale of the apartments. In turn, the platform’s team of specialists will define the best time and price at which the units can be sold, in order to ensure that investors receive the highest possible return.
Once the funding process is completed, investors will receive a document signed by the trustee indicating the percentage of ownership interest.
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in infobae, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Surveys Show People Invest in Crypto Mostly Due to Its Ease of Trading, but What Other Reasons Are There?
In what feels like the blink of an eye, crypto has become a major buzzword of our era. But what's...
Are We on the Verge of a Roaring Stock Market Rebound?
Is a stock market recovery on the cards any time soon? Surely not, right? After all, we're living in an...
Novavax, Moderna, and BioNTech Vaccine Sales: Where Are They Now?
As vaccine sales for Novavax, Moderna, and BioNTech shift in line with a changing Covid-19 situation, the results are being...
Depression, or No Depression; That Is the Question
So are we in a depression or not? While you certainly won't hear anyone official saying so any time soon...
Foreign US Treasury Bond Holdings
There are plenty of countries out there with significant US Treasury Bond holdings, and China's right up there with the...
Business2 weeks ago
Best Small Business Web Hosting — The Only Guide You Need
Featured2 weeks ago
Indra Gains Traction as an ESG Asset Despite Last Month’s Controversial Board Meeting
Cannabis4 days ago
Why Tilray Shares Rose This Friday Morning
Crowdfunding2 weeks ago
Xolid Closes €5 Million Round on Equity Crowdfunding Platform CrowdFundMe