ARGENTINA
La Providencia Resort & Country Club
With world-class golf and polo facilities, La Providencia Resort & Country Club is Buenos Aires’s most prestigious new resort development.
The 652-acre resort enjoys a prime location, in a green growth corridor just minutes from Ezeiza International Airport and within easy commuting distance of the capital city.
Featuring 715 residential plots and 170 condominiums, the resort boasts an 18-hole PGA championship golf course and four professional polo fields, the resort has already attracted celebrity endorsement from two of the biggest sporting names in Argentina; golfing champion Vicente Chino Fernandez and world-leading polo player Facundo Pieres.
Construction on site is in full swing with more than 30 houses being built and several families already living in La Providencia. The first polo field was inaugurated in early 2014 and the tennis clubhouse and courts are also open. In December 2014 the first 9 holes of golf were launched with a Senior Professionals Championship organized by the PGA.
La Providencia is arranged in four sectors, offering residents the opportunity to live in the environment that bests suits their lifestyle and passions. Golfing enthusiasts can purchase a plot overlooking the golf course in the Golf Sector, while polo lovers can take up residence in the Polo Sector. The Lakes Sector offers residents the opportunity to live an outdoor life on the water’s edge and the Village Sector is split into two neighbourhoods; Sports Village and Mediterranean Village. Active types can enjoy one of 96 plots located near the sports area offering football, hockey and rugby pitches, while socialites will love the atmosphere of the Mediterranean Village.
The developer has released a limited number of off-plan plots for sale to international buyers.
Available exclusively through Landcorp International, investment starts from US$45,000(approx. £30,000) with either a 15% return per annum or a 48% return at the end of the 36 month term.
LOCATION, LOCATION, LOCATION
Buenos Aires is Argentina’s largest city with a population of around 3 million, but by 2025 it is forecasted to become a ‘mega city’, with a population of 15.5 million and a GDP of $327 billion.
The districts surrounding the city have already experienced five fold growth, including Canning, where La Providencia is located.
The green growth corridor has been identified as one of the most ‘up and coming’ areas in the region and is home to the most prestigious private urbanisations, as well as excellent amenities including health centres and educational institutions.
Argentina’s largest newspaper La Nacion says Canning is the ideal place to live for people looking to improve their quality of life and La Providencia is enjoying high levels of interest from middle class families who wish to live there.
In addition to this, the development has made a large number of sales to local investors. Investing in real estate is a popular way for Argentinians to protect their wealth against high inflation and, as such, property has continued to increase in value despite turbulent economic times.Relative values of quality properties are expected to see significant appreciation in the next few years.
